The price of an indian micro-cap company has surged 12 percent from the previous closing price as the company’s financial results show a growth of 17 percent YOY and sales growth of 7 percent
Price action
With a market capitalization of Rs. 206.73 crores on Thursday, the shares of Lagnam Spintex Limited were trading at CMP 132.80, which is 12 percent higher than its previous day’s closing price of Rs 115.
What Happened
Lagnam Spintex Limited, a company engaged in the manufacturing of cotton yarn, has announced its results for the Financial year ‘25.
Its Revenue from operations grew by 9 percent YoY from Rs. 149.65 Crores in Q4FY24 to Rs. 162.86 Crores in Q4FY25, and it grew by 10 percent QoQ from Rs. 148.39 Crores in Q3FY25 to Rs. 162.86 Crores in Q4FY25.
Its Net Profit grew by 17 percent YoY from Rs. 7.30 Crores in Q4FY24 to Rs. 8.54 Crores in Q4FY25, and it grew by a staggering 263.4 percent QoQ from Rs. 2.35 Crores in Q3FY25 to Rs. 8.54 Crores in Q4FY25.
Key Highlights of Q4:
The company’s EPS has also grown by 17 percent YOY from Rs. 4.13 in Q4FY24 to Rs. 4.83 in Q4FY25, and it grew by 263 percent QoQ from Rs. 1.33 in Q3FY25 to Rs. 4.83 in Q4FY25.
The Earnings Before Interest, Depreciation, and Taxes (EBIDT) of the company has grown by 25 percent YOY from Rs.19.9 crores in Q4FY24 to Rs.24.8 crores in Q4FY25.
Financial results snapshot:
Sales, EBIDT, Profit in CRS
Particulars | YOY Increase | Mar 2025 | Dec 2024 | Mar 2024 |
Sales | 9% | 163 | 148 | 150 |
EBIDT | 25% | 24.8 | 15.1 | 19.9 |
Net profit | 17% | 8.54 | 2.35 | 7.3 |
EPS | 17% | ₹ 4.83 | ₹ 1.33 | ₹ 4.13 |
About the company:
Lagnam Spintex Ltd is an indian cotton yarn manufacturing company, it is specilised in the manufacture of high quality open end yarn ranging from count Ne 4 to Ne 20 which is used in Denim, Terry Towels, Bottom Wears, Home Textiles and Industrial Fabrics.
It focuses on timely and most competitive price delivery, maintaining long-term relations and ensuring high-quality cotton yarn is manufactured, for which it has also been certified by USTER Technologies AG, thus demonstrating the ethics and processes adapted by the company.
Written by Likesh Babu S
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