One of the penny stocks engaged in the trading of agricultural commodities, including wheat, rice, paddy, maize, and pulses. The stock has hit a 5 percent upper circuit after reporting a 442 percent YOY increase in revenue.
Stock Price Movement
With a market capitalization of Rs. 10.44 crores, the shares of Eureka Industries Limited’s stock surged by 5 percent, reaching an upper circuit of Rs. 11.93 per share on Wednesday, up from its previous closing price of Rs. 11.37 per share. Since then, the stock has retreated and is currently trading at Rs. 11.90 per equity share.
Q3 FY25 Result Walkthrough
Coming into the quarterly results of Eureka Industries Limited, the company’s consolidated revenue from operations increased by 442.08 percent YOY, from Rs. 6.63 crore in Q3 FY24 to Rs. 35.94 crore in Q3 FY25, and grew by 376.79 percent QoQ from Rs. 7.54 crore in Q2 FY25.
Further, the company’s EBIDT has increased by 68.09 percent QOQ, from Rs. 0.47 crore in Q2 FY25 to Rs. 0.79 crore in Q3 FY25.
In Q3 FY25, the consolidated net profit of Eureka Industries Limited has converted from net loss into net profit, which is from Rs. -2.02 crore in Q3 FY24 to Rs. 0.79 crore in Q3 FY24. As compared to Q2 FY25, the net profit has increased by 71.74 percent, from Rs. 0.46 crore.
The basic earnings per share increased by 69.81 percent and stood at Rs 0.90 as against Rs 0.53 recorded in the previous quarter in the financial year 2025.
Business Transition
Eureka Industries originally focused on textiles but has transitioned to agricultural commodities trading. This strategic shift aims to capitalize on the growing demand in the agro sector.
Company operation
Eureka Industries Limited is engaged in trading agricultural commodities, including wheat, rice, paddy, maize, and pulses. The company is located in India, with its registered office in Mumbai.
Written By- Nikhil Naik
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