One of the penny stocks engaged in providing Internet solutions, including data, voice, and video services, as well as managed network services and hardware solutions such as biometric systems and CCTV cameras. The stock has hit a 20 percent upper circuit after reporting a 1056.90 YOY increase in net profit
Stock Price Movement
With a market capitalization of Rs. 186.06 crores, the shares of Nettlinx Limited’s stock surged by 20 percent, reaching an upper circuit of Rs. 84.76 per share on Thursday, up from its previous closing price of Rs. 70.64 per share. Since then, the stock has retreated and is currently trading at Rs. 76.96 per equity share.
Q3 FY25 Result Walkthrough
Coming into the quarterly results of Nettlinx Limited, the company’s consolidated revenue from operations increased by 40.44 percent YOY, from Rs. 6.38 crore in Q3 FY24 to Rs. 8.96 crore in Q3 FY25, and grew by 23.42 percent QoQ from Rs. 7.26 crore in Q2 FY25.
Further, the company’s EBIDT has increased by 20.35 percent, from Rs. 2.26 crore in Q3 FY24 to Rs. 2.72 crore in Q3 FY25.
In Q3 FY25, Nettlinx Limited’s consolidated net profit slightly increased by 468.64 percent YOY, reaching Rs. 6.71 crore compared to Rs. 1.18 crore during the same period last year. As compared to Q2 FY25, the net profit has increased by 1056.90 percent, from Rs. 0.58 crore.
The basic earnings per share increased by 467.35 percent and stood at Rs 2.78 as against Rs 0.49 recorded in the same quarter in the previous year 2024.
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Services Offering
Nettlinx offers reliable internet services with high uptime, managed network solutions, structured cabling, and IT infrastructure support. Additionally, the company provides website design and hosting services, focusing on user-friendly, visually appealing designs.
Market Presence
Nettlinx has established a strong presence with over 93 locations across its operational regions. The company caters to a diverse clientele, including domestic enterprises and multinational corporations.
Written By- Nikhil Naik
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