Telecom stock engaged in the design, development, and manufacture of radio frequency products and antennas for telecom, defense, and space applications in India and abroad, hit a 2 percent upper circuit after reporting an 847 percent YOY increase in revenue.
Stock Price Movement:
With a market capitalization of Rs. 112.33 crores, the shares of Kavveri Defence and Wireless Technologies Limited hit a 2 upper circuit of Rs. 55.82 per share on Thursday, up from its previous closing price of Rs. 54.73 per share.
Q3 FY25 Result Walkthrough:
Coming into the quarterly results of Kavveri Defence and Wireless Technologies Limited, the company’s consolidated revenue from operations increased by 847.30 percent YOY, from Rs. 0.74 crore in Q3 FY24 to Rs. 7.01 crore in Q3 FY25, and grew by 439.23 percent QoQ from Rs. 1.30 crore in Q2 FY25.
Further, the company’s EBIDT has increased by 446.34 percent, from Rs. 0.41 crore in Q2 FY25 to Rs. 2.24 crore in Q3 FY25.
In Q3 FY25, Kavveri Defence and Wireless Technologies Limited’s consolidated net profit converted from negative to positive, from Rs. -0.30 crore in Q3 FY24 to Rs. 2.21 crore in Q3 FY25. As compared to Q2 FY25, the net profit has increased by 360.42 percent, from Rs. 0.48 crore.
The basic earnings per share increased by 358.33 percent and stood at Rs 1.10 as against Rs. 0.24 recorded in the previous quarter in the financial year 2025.
Products and Services:
The company specializes in radio frequency (RF) antennas and filters designed to address connectivity challenges. It offers customized antennas and cable assemblies. The company provides carrier-grade products for telecom infrastructure and wireless applications. Their solutions cater to telecom, defense, aerospace, public safety, and wireless networks.
Written By – Nikhil Naik
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