Stocks with Net Profit Growth of over 200% both YoY and QoQ
May 17, 2023
IDFC
/ Mahindra Holidays & Resorts
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 marke...