Shakti Pumps (India) touches the roof on reporting many fold jump in Q1 consolidated net profit
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Shakti Pumps (India) is currently trading at its upper limit of Rs. 4095.10, up by 195.00 points or 5.00% from its previous closing of Rs. 3900.10 on the BSE.
The scrip opened at Rs. 4095.10 and has touched a high and low of Rs. 4095.10 and Rs. 4095.10 respectively. So far 4389 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 4650.00 on 08-Jul-2024 and a 52 week low of Rs. 618.50 on 14-Aug-2023.
Last one week high and low of the scrip stood at Rs. 4324.60 and Rs. 3890.20 respectively. The current market cap of the company is Rs. 8204.57 crore.
The promoters holding in the company stood at 51.58%, while Institutions and Non-Institutions held 9.16% and 39.26% respectively.
Shakti Pumps (India) has reported results for first quarter ended June 30, 2024 (Q1FY25).
The company has reported over 20-fold jump in its net profit at Rs 90.49 crore for the quarter ended June 30, 2024 as compared to Rs 4.41 crore for the same quarter in the previous year. Total income of the company increased by 414.66% at Rs 560.31 crore for Q1FY25 as compared to Rs 108.87 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported many fold jump in net profit at Rs 92.66 crore for Q1FY25 as compared to Rs 1.00 crore for the same quarter in the previous year. Total income of the company increased by 402.22% at Rs 570.52 crore for Q1FY25 as compared to Rs 113.60 crore for the corresponding quarter previous year.
