Penny stock engaged in fund-based activities and advisory services, primarily investing in both quoted and unquoted shares and units of mutual funds, hit a 10 percent upper circuit after the company posted strong December quarterly results with a 194.12 percent jump in net profits.
Stock Price Movement
With a market capitalization of Rs. 31.65 crores, the shares of Jindal Capital Limited’s stock surged by 10 percent, reaching an upper circuit of Rs. 43.91 per share on Tuesday, up from its previous closing price of Rs. 39.92 per share.
Q3 FY25 Result Walkthrough
Coming into the quarterly results of Jindal Capital Limited, the company’s consolidated revenue from operations increased by 177.78 percent YOY, from Rs. 0.45 crore in Q3 FY24 to Rs. 1.25 crore in Q3 FY25, and grew by 83.82 percent QoQ from Rs. 0.68 crore in Q2 FY25.
Further, the company’s EBIDT has increased by 144 percent, from Rs. 0.25 crore in Q3 FY24 to Rs. 0.61 crore in Q3 FY25.
In Q3 FY25, Jindal Capital Limited’s consolidated net profit increased by 194.12 percent YOY, reaching Rs. 0.50 crore compared to Rs. 0.17 crore during the same period last year. As compared to Q2 FY25, the net profit has increased by 51.52 percent, from Rs. 0.33 crore.
The basic earnings per share increased by 187.50 percent and stood at Rs 0.69 as against Rs. 0.24 recorded in the same quarter in the previous year 2024.
Business Operation
Jindal Capital Limited is an NBFC involved in fund-based activities and advisory services. It invests in quoted and unquoted shares and mutual funds and offers financial services to bridge credit gaps in underserved markets. Its mission is to enhance economic and social conditions, contributing to India’s financial growth.
Written By – Nikhil Naik
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