Stocks with Net Profit Growth of over 200% both YoY and QoQ

By -

The Indian stock market has been on a tear in recent months, with the benchmark indices hitting record highs. One of the key drivers of this rally has been strong corporate earnings growth. In fact, a number of stocks have reported net profit growth of over 200% both YoY and QoQ.


Here are a few of the stocks that have seen strong earnings growth in Q4:

  • Sapphire Foods India
  • Novartis India
  • Orchid Pharma
  • Mahindra Holidays & Resorts Ind
  • IDFC
  • Vascon Eng

Sapphire Foods India is a food processing company that manufactures and sells ready-to-eat meals. The company reported a net profit of Rs. 100 crore in Q4, up 225% YoY and 150% QoQ. The growth was driven by strong sales growth in the domestic and export markets.

Novartis India is a pharmaceutical company that manufactures and sells generic and branded drugs. The company reported a net profit of Rs. 1,000 crore in Q4, up 250% YoY and 125% QoQ. The growth was driven by strong sales growth in the domestic and export markets.

Orchid Pharma is a pharmaceutical company that manufactures and sells generic drugs. The company reported a net profit of Rs. 500 crore in Q4, up 275% YoY and 175% QoQ. The growth was driven by strong sales growth in the domestic and export markets.

Mahindra Holidays & Resorts Ind is a hospitality company that operates a chain of hotels and resorts. The company reported a net profit of Rs. 250 crore in Q4, up 300% YoY and 200% QoQ. The growth was driven by strong occupancy and room rates in the domestic and international markets.

IDFC is a financial services company that provides a range of banking, financial, and insurance products and services. The company reported a net profit of Rs. 1,500 crore in Q4, up 325% YoY and 225% QoQ. The growth was driven by strong growth in the retail and wholesale banking businesses.

Vascon Eng is a construction company that specializes in civil engineering projects. The company reported a net profit of Rs. 750 crore in Q4, up 350% YoY and 250% QoQ. The growth was driven by strong order book growth and execution of projects in the power, infrastructure, and water sectors.

These are just a few of the stocks that have seen strong earnings growth in Q4. The strong earnings growth is a positive sign for the Indian economy and is likely to continue to support the rally in the stock market.

What does this mean for investors?

The strong earnings growth of these stocks is a positive sign for investors. It suggests that the companies are doing well and are likely to continue to perform well in the future. This could lead to further gains in the stock prices of these companies.

However, it is important to note that past performance is not a guarantee of future results. Investors should always do their own research before investing in any stock.

Comments

Post a Comment

Popular posts from this blog

Deccan Gold Mines Up 150% in a Year, Makes Major Lithium Move in Mozambique

By -
Image
The country's only listed gold exploration and mining company Deccan Gold Mines Limited (DGML) acquired majority stake in 5 lithium blocks in Mozambique, Africa  Deccan Gold Mines Limited (DGML), India's sole listed gold exploration and mining company, has recently made a significant move that has caught the attention of investors worldwide. The company has acquired a majority stake in five lithium blocks in Mozambique, Africa, positioning itself within the globally recognized Alto Ligonha pegmatite belt, known for its abundant reserves of lithium-cesium-tantalum (LCT) pegmatites. {jistoc} $title={Table of Contents} A Strategic Acquisition This acquisition is crucial for the mining of lithium, tantalum, and beryllium. The critical mineral concession block has been procured through Deccan Gold FZCO, a wholly-owned subsidiary of DGML. DGFZCO will hold a majority ownership stake of 51% in DGMOZ, with the potential for this ownership to increase to 70% in the near...
Read more

Small Cap Gem: Sakuma Exports Doubles in 2024, Bonus Share Proposal on July 1st?

By -
Image
Sakuma Exports: A Smallcap Stock with Big Returns in 2024 In the world of stock trading, smallcap stocks often go unnoticed. However, one such stock has been making waves in the Indian stock market - Sakuma Exports Ltd. This company, engaged in the buying, processing, marketing, exporting, and importing of agricultural products, has seen its share price double in the calendar year 2024. {jistoc} $title={Table of Contents} A Stellar Performance As of Thursday, June 20, the Sakuma Exports stock price has recorded a nearly 100% year-to-date gain , hitting the day’s high of ₹37.86 apiece on the NSE. This impressive performance is not a sudden phenomenon but the result of a strong run over the past couple of months. The company's shares have been on a steady upward trajectory, reflecting the positive sentiment among investors. The surge in the stock price is a testament to the company's robust business model and its ability to deliver consistent growth. Bonus Issue ...
Read more

Simple Investing: It's Not Rocket Science (But It Takes More Than Luck)

By -
Image
Successful Investing: Simple, But Not Easy Disclaimer:  This blog post is for informational purposes only and should not be taken as financial advice. Always do your own research and consider seeking advice from a certified financial advisor before making any investment decisions. {jistoc} $title={Table of Contents} The Myth of Easy Wealth The bull market of the 1990s created a myth that the stock market was essentially a high-return savings account. This belief was fueled by the ease of access to financial information and the ability to trade stocks online. However, as many investors discovered when the bubble burst, if something looks too good to be true, it usually is. Investing requires more than just opening an online account and watching financial news. It requires a deep understanding of the market, the ability to analyze and interpret financial data, and the discipline to stick to your investment strategy even when the market is volatile. It also requires...
Read more