The shares of Micro-Cap company, specializing in providing end-to-end drilling, exploration, and allied services for natural resources, jumped upto 15 percent upon declaring Q4 results with a 253 percent rise in Profit Year on Year (YoY).
With a market capitalization of Rs. 459.38 crores on Thursday, the shares of South West Pinnacle Exploration Ltd jumped upto 15 percent, making a high of Rs. 164.25 per share compared to its previous closing price of Rs. 142.80 per share.
South West Pinnacle Exploration Ltd, engaged in providing end-to-end drilling, exploration, and allied services for natural resources, has announced its Q4 results as follows.
Its Revenue from operations rose by 64 percent YoY from Rs. 45 Crores in Q4FY24 to Rs. 73.8 Crores in Q4FY25, and it rose by 51 percent QoQ from Rs. 48.9 Crores in Q3FY25 to Rs. 73.8 Crores in Q4FY25.
Its Net Profit YoY rose by 253 percent from Rs. 2.8 Crores in Q4FY24 to Rs. 9.9 Crores in Q4FY25, and it rose by 141 percent QoQ from Rs. 4.1 Crores in Q3FY25 to Rs. 9.9 Crores in Q4FY25.The earnings per share (EPS) for the quarter stood at Rs. 3.56, compared to Rs. 1.49 in the previous quarter.
Along with it, the company has proposed investing up to AUD 1 million (about ₹5.51 crore) in Alara Resources Limited, an Australia-based mining and exploration company focused on copper-gold projects in the Middle East.
Segment-wise Revenue & Others
For the fourth quarter, segmental revenue from Drilling & Exploration rose to Rs. 58.75 crore, up from Rs. 31.69 crore in the previous quarter. Meanwhile, revenue from Coal Mining & Trading stood at Rs. 15.08 crore in Q4, compared to Rs. 17.22 crore in Q3.
South West Pinnacle Exploration Ltd, incorporated in 2006 and based in Gurgaon, is one of India’s fastest-growing private exploration services companies, specializing in drilling, exploration, and allied services for coal, ferrous, non-ferrous, atomic, and base metal mining industries, as well as water and unconventional energy sectors.
The company operates a large fleet of drilling rigs and offers comprehensive geological and geophysical services, including aquifer mapping and consultancy for hydro-geological organizations. South West Pinnacle has completed over 2.6 million meters of drilling without any major safety incidents, serving a broad clientele both in India and overseas.
Written by Sridhar J
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