As per the financial report, there was a significant increase in net sales by 76.73 per cent and net profit by 117.96 per cent in Q4FY23 compared to Q4FY22. Similarly, in FY23, the net sales grew by 78.40 per cent and net profit increased by 83.64 per cent compared to FY22.

. In the last 1 year, the stock gained some positive traction and has surged more than 48 per cent

The NSE index NIFTY50 improved by 48 points and is trading at a level of 18,252. The Bank Nifty on the other hand is down by 146 points to a level of 43,822 level. 

At the pre-opening bell, the frontline index S&P BSE Sensex opened in red with a loss of 553.54 points or 0.90 per cent.

The stock gave multibagger returns of 110 per cent in just 3 years.

Banking outlets as on March 31, 2023, stood at nearly 6,000, the network consists of 1,411 branches and 4,588 banking units. Furthermore, the company have declared a dividend of 15 per cent or Rs 1.50 per equity share having a face value of Rs 10 each.

The company's overall annual revenue increased by 25 per cent, in line with their 2X-3Y strategy

Notably, K.P. Energy Ltd has successfully completed the installation of a 10 MWdc Solar Power Project in Bharuch, thereby raising its total power generation capacity to 18.40 MW.

The shares of the company saw a spurt in volume by more than 2.16 times on BSE.

As on March 31, 2023, Rekha Rakesh Jhunjhunwala, held 9.96 per cent stake in the company.