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The combination of profitability and growth—more specifically, the combination of economic profitability and free cash flow growth—is known as profitable growth. The goal of profitable growth is to entice the financial community. 

Here are the 3 stocks that have reported 7,291% net profit growth.

SG Finserve 

Moongipa Securities Ltd is in the business of Investing Activities, Investment Research, Investment Banking, and Wealth Management. 

With a market capitalization of Rs 2,735.36 Crores. SG Finserve Ltd, On Thursday, The shares were trading at Rs 470.80 a share, an increase of 1.67 percent from the previous closing price. 

Looking into the company’s performance, SG Finserve Ltd’s revenue increased by 4300 percent from Rs 1 Crore in Q2FY23 to Rs 43 Crore in Q2FY24. During the same period, net profits jumped from Rs 1 crore to Rs 17 crore, YoY the company’s net profit growth has increased by 1,600 percent. 

The stock gave multi-bagger 149 percent in six months and a 105 percent return in a year. If an investor invests Rs 1 lakh in the company, it would be worth Rs 2.05 Lakhs in a year. 

Chennai Petroleum Corporation Ltd 

Chennai Petroleum Corporation Limited engages in the production and distribution of lubricating oil additives as well as the refining of crude oil to create a range of petroleum products. 

With a market capitalization of Rs 9,709.02 Crores. Chennai Petroleum Corporation Ltd On Friday, The shares were trading at Rs 652 a share, an increase of 3.52 percent from the previous closing price. 

Looking into the company’s performance, Chennai Petroleum Corporation Ltd’s revenue decreased by 15 percent from Rs 19,509 Crore in Q2FY23 to Rs 16,545 Crore in Q2FY24. During the same period, net profits jumped from Rs 28 crore to Rs 1,191 crore, YoY the company’s net profit growth has increased by 4,193 percent.

The stock gave a 57.23 percent return in six months and a 183.82 percent return in a year. If an investor invests Rs 1 lakh in the company, it would be worth Rs 2.83Lakhs in a year. 

Rajshree Sugars & Chemicals Ltd 

Rajshree Sugars & Chemicals Ltd is in the business of High-quality sugar production, Distillery, Power, and Biotechnology. 

With a market capitalization of Rs 192.19 Crores. Rajshree Sugars & Chemicals Ltd On Thursday, The shares closed at Rs 58 a share, an increase of 2 percent from the previous closing price. 

Looking into the company’s performance, Rajshree Sugars & Chemicals Ltd’s revenue increased by 15.13 percent from Rs 185 Crore in Q2FY23 to Rs 213 Crore in Q2FY24. During the same period, net profits jumped from Rs 0.23 crore to Rs 17 crore, YoY the company’s net profit has increased by 7,291.3 percent. 

The stock gave a return of 41.12 percent in six months and a 22.15 percent return in a year. 

Written By:- Abhishek Singh

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