During Friday’s morning trading session, the shares of this micro-cap company hit a 5 percent upper circuit at Rs. 73.5 on BSE, after the company reported Q2 FY25 results with a rise in net profit of around 1430 percent QoQ and 993 percent YoY.
With a market cap of Rs. 81.5 crores, the shares of Aplab Limited opened in the green at Rs. 73.5, as compared to its previous closing price of Rs. 70.
What’s the news:
The fluctuations in the share prices were observed after Aplab Limited announced the financial results for Q2 FY25, through the latest filings with the Bombay Stock Exchange (BSE) on Thursday post-market hours.
For Q2 FY25, Aplab Limited reported revenue from operations of Rs. 13.86 crores, reflecting a significant growth of around 40 percent QoQ from Rs. 9.93 crores in Q1 FY25, as well as a rise of about 27.4 percent YoY from Rs. 10.88 crores in Q2 FY24.
The company’s net profit for Q2 FY25 grew to Rs. 1.53 crores, representing a rise of around 1430 percent QoQ from Rs. 0.1 crores in Q1 FY25, and a year-on-year growth of nearly 993 percent from Rs. 0.14 crores in Q2 FY24.
Shareholding Pattern:
As per the September 2024 shareholding pattern, the Promoters hold a 63.28 percent stake in the company, while Retail Investors hold a 36.7 percent stake, and Domestic Institutional Investors (DII) hold a 0.02 percent stake in Aplab.
Stock Performance:
The stock has delivered positive returns of nearly 8 percent in one year, while around 24.5 percent of negative returns in the last six months. So far in 2024, the shares of Aplab have given negative returns of about 13.5 percent.
About the company:
Aplab Limited is engaged in the business/operations of manufacturing, marketing and servicing of professional electronic equipment.
Written by Shivani Singh
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