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Kanchi Karpooram reports 142% QoQ increase in net profits
short by / on Wednesday, 14 August, 2024
Kanchi Karpooram Ltd's shares surged to a 52-week high of ₹619.95 following the announcement of its Q1FY25 results. Revenue for the quarter rose by 15% sequentially to ₹35.72 crores, and net profit soared 142% to ₹5.18 crores. Despite 16% YoY revenue drop, the company reversed a previous net loss into profit.
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