Several companies have gone public in India over the past year through initial public offerings, Companies usually go public and get themself listed on the stock exchanges in order to raise funds, provide liquidity to existing shareholders Increase Visibility and Credibility, and many other reasons.
Listed below are some of the companies that have delivered a Net Profit Growth of upto 300 percent in Q4FY24
Krystal Integrated Services
Krystal Integrated Services Limited is an integrated facilities management service (FMS) company, with a focus on healthcare, education, and public administration. Apart from this the Company also provides production support services, warehouse management, airport management services, and many more.
With a market capitalization of Rs. 1,109 Crores, the shares of Krystal Integrated Services Limited were trading at Rs. 793.85, up 2 percent from its previous day’s close price of Rs. 778.25.
Its revenue from operations grew by 52 percent YoY from Rs. 192.24 Crores in Q4FY23 to Rs. 292.16 Crores in Q4FY24 and it grew by 3 percent QoQ from Rs. 283.07 Crores in Q3FY24 to Rs. 292.16 Crores in Q4FY24. Annually it generated a revenue of Rs. 707.63 Crores in FY23 and Rs. 1,026.84 Crores in FY24 indicating a growth of 45 percent YoY.
Its Net Profit grew by 70 percent from Rs. 9.24 Crores in Q4FY23 to Rs. 15.74 Crores in Q4FY24 and it grew by 24 percent QoQ from Rs. 12.72 Crores in Q3FY24 to Rs. 15.74 Crores in Q4FY24. Annually it generated a profit of Rs. 38.41 Crores in FY23 and Rs. 49.02 Crores in FY24 indicating a growth of 28 percent YoY.
In Addition, the board of directors of Krystal Integrated Services Limited has recommended declaring a dividend of Rs. 1.50 per equity share to eligible shareholders of the company as of the record date.
Enser Communications
Enser Communications Limited offers Business Process Management (BPM) services to companies in the insurance, e-commerce, education, and travel sectors. It has 4 main business verticals, Customer Acquisition Services, Customer services, IT infrastructure management services, and Data management services.
With a market capitalization of Rs. 115.92 Crores, the shares of Enser Communications Limited were trading at Rs. 133, down 0.60 percent from its previous day’s close price of Rs. 133.80.
Annually it generated a Net Profit of Rs. 1.34 Crores in FY23 to Rs. 5.27 Crores in FY24, indicating a growth of 293 percent. Its Net profit half yearly grew by 55 percent from Rs. 2.07 Crores in H1FY24 to Rs. 3.2 Crores in H2FY24 and it grew by 246 percent from Rs. 92 Lakhs in H2FY23 to Rs. 3.2 Crores in H2FY24.
Its Revenue from Operations half yearly grew by 55 percent from Rs. 18.08 Crores in H1FY24 to Rs. 27.99 Crores in H2FY24 and it grew by 91 percent from Rs. 14.62 Crores in H2FY23 to Rs. 27.99 Crores in H2FY24. Annually it generated a revenue of Rs. 25.40 Crores in FY23 to Rs. 46.7 Crores in FY24, indicating a growth of 81 percent.
Written by: Bharath K.S
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