Arrow Greentech touches the roof on reporting over 2-fold jump in Q1 consolidated net profit
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Arrow Greentech is currently trading at its upper limit of Rs. 944.60, up by 157.40 points or 19.99% from its previous closing of Rs. 787.20 on the BSE.
The scrip opened at Rs. 841.05 and has touched a high and low of Rs. 944.60 and Rs. 838.45 respectively. So far 296415 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 944.60 on 05-Aug-2024 and a 52 week low of Rs. 297.50 on 21-Aug-2023.
Last one week high and low of the scrip stood at Rs. 944.60 and Rs. 638.50 respectively. The current market cap of the company is Rs. 1425.21 crore.
The promoters holding in the company stood at 68.60%, while Institutions and Non-Institutions held 0.21% and 30.97% respectively.
Arrow Greentech has reported over 2-fold jump in net profit at Rs 21.23 crore for first quarter ended June 30, 2024 (Q1FY25) as compared to Rs 8.73 crore for the same quarter in the previous year. Total income of the company increased by 103.56% at Rs 65.16 crore for Q1FY25 as compared to Rs 32.01 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported over 2-fold jump in its net profit at Rs 20.16 crore for the quarter ended June 30, 2024 as compared to Rs 9.32 crore for the same quarter in the previous year. Total income of the company increased by 50.12% at Rs 66.91 crore for Q1FY25 as compared to Rs 44.57 crore for the corresponding quarter previous year.
