Shakti Pumps reports net profit increase of 4,400% YoY; Jumps 5%

Shakti Pumps (India) Ltd witnessed a remarkable surge in net profit and revenue in Q4FY24, with a staggering 4,400 percent increase in net profit and a 232 percent rise in revenue year-on-year. This outstanding performance drove the company's shares to a 5 percent upper circuit. Shakti Pumps primarily involved in the manufacture of pumps and motors of various types.

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