V-Marc India Limited net profit increased by 166% YoY

The shares of V-Marc India Limited, a specialised cable company, hit its 5% upper circuit on Wednesday after the company announced robust financial results for H2FY24. Comparing H2FY23 v/s H2FY24, the operating revenues increased from ₹133 crores to ₹390 crores and the after-tax profits rose from ₹8.05 crores to ₹21.35 crores exhibiting a gain of a whopping 166%.