The price of an indian penny stock has surged more than 9 percent intraday from the previous closing price as the company’s financial results show it turned profitable this quarter, check it out.
Price Action
With a market capitalization of Rs 549.54 crores on Thursday, the shares of Khaitan Chemicals & Fertilizers Ltd. were trading at CMP 61.6, which is close to 8.5 percent higher than its previous day’s closing price of Rs 56.65. The stock was 9 percent up intraday.
What Happened
Khaitan Chemicals & Fertilizers Ltd, a company engaged in the manufacturing of Fertilizers, has announced its results for the Financial year ‘25.
Its Revenue grew by 216 percent YoY from Rs. 50.8 Crores in Q4FY24 to Rs. 161 Crores in Q4FY25, and it dipped by 19 percent QoQ from Rs. 199 Crores in Q3FY25 to Rs. 161 Crores in Q4FY25.
From a loss of Rs. 37.4 Crores in Q4FY24, it made a net profit Rs. 8.63 Crores in Q4FY25, but it has decreased by 31.5 percent QoQ from Rs. 12.6 Crores in Q3FY25 to Rs. 8.63 Crores in Q4FY25. The company’s EPS was Rs. -3.86 in Q4FY24, and it made Rs. 0.89 in Q4FY25.
About the company
Khaitan Chemicals and Fertilizers Limited was established in June 1982. The Company is presently engaged in the manufacturing of Single Super Phosphate Fertilisers (Plain, Zincated and Boronated in powder form and granulated form), Sulphuric Acid and its variants, Trading of NPK Fertilisers, Processing of Oil Seed (mainly Soybean) and crude edible oil, selling of De-Oiled Cake and Crude/Refined Oil & Generation and selling of Wind Power.
Written by Likesh Babu S
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
