The shares of the logistics and courier solutions hit 5 percent upper circuit of Rs 316.90 apiece after the company’s net profit and revenue increased by 94 percent and 144 percent respectively, in the fourth quarter.
With a market capitalization of Rs 343.13 crore, the shares of DJ Mediaprint & Logistics Ltd were trading at Rs 316.90 per share, increasing around 5 percent as compared to the previous closing price of Rs 301.85 apiece.
Looking into the company’s performance, DJ Mediaprint & Logistics Ltd’s revenue increased by 145 percent on a quarter-on-quarter basis from Rs. 11.27 crore in Q3FY24 to Rs. 27.64 crore in Q4FY24. Further, revenue increased by 17 percent year on year, from Rs. 23.61 crore in Q4FY23 to Rs. 27.64 crore in Q4FY24.
DJ Mediaprint & Logistics Ltd’s net profit increased by 95 percent on a quarter-on-quarter basis, from Rs. 1.53 crore in Q3FY24 to Rs. 2.99 crore in Q4FY24. Further, net profit increased by 83 percent year on year from Rs. 1.63 crore in Q4FY23 to Rs. 2.99 crore in Q4FY24.
The company posted revenues of Rs 57.04 cr in FY 2024 out of which the Record Management, Scanning, and Document Logistics business constituted highest share of 56.03 percent followed by Printing at 43.97 percent.
The company added 8 trailers to its existing fleet, aimed at bolstering its logistics segment, and the addition and integration of 8 high-speed digital production printers into its existing infrastructure aimed at enhancing its digital printing segment.
The firm has an extensive clientele, including well-known companies like Larson & Toubro, IREL (India) Ltd, NPCI, Life Insurance Corporation, HDFC Life, and others.
DJ Mediaprint & Logistics Limited is an India-based firm that offers integrated printing, logistics, and courier services. The company also offers bulk mailing, speed post, records management, personnel supply, post return management, bulk scanning, relocation, newspaper print advertising, and other related services.
Written by:- Abhishek Singh
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