According to the financials, the net sales increased by 448.64 per cent to Rs 115.50 crore in Q4FY23 over Q4FY22. The company reported a net profit of Rs 2.77 crore in Q4FY23 compared to a net loss of Rs 2.30 crore in Q4FY22. The stock gave multibagger returns of over 140 per cent in just 3 years.

The revenue from operations grew by 10.04 per cent to Rs 168.89 crore and PAT increased by 7.45 per cent to Rs 14.13 crore in Q4FY23 over Q4FY22. The revenue from operations recorded a healthy growth of 30.45 per cent to Rs 650.38 crore and PAT increased by 59.94 per cent to Rs 49.92 crore in FY23 over F

The net profit of the company skyrocketed 128 per cent from corresponding quarter last year

At 03:30 pm, shares of the company ended the day in the red, down 4.87 per cent to Rs 9.77 per share.

In the last financial year, the company declared bonus shares in the ratio 1:1 and a dividend of Rs 0.0010 per share for a face value of Rs 1.

The combined PAT skyrocketed to 211 per cent over the same period in the previous year to Rs 168.66 crore. 

Today, shares of the company saw a spurt in volume by more than 3 times on BSE.  

On Wednesday, Nifty small cap 100 witnessed strong rally and closed 1.76 per cent up around day’s high. One small cap stock from Hotels and Restaurants industry rallied almost 50 per cent in last week and closed near to its upper circuit of 20 per cent yesterday, backed by massive volumes during the initial hours of the day.    

Today, shares of the company saw a spurt in volume by more than 8.59 times on BSE.  

The stock gave multibagger returns of 602.13 per cent in the past 2 years whereas BSE Small-cap Index rose by only 32 per cent.