DSIJ Mindshare

Shares of the company gained more than 7 per cent in the last one month.

In H2FY23, the net sales increased by 8 per cent to Rs 17.76 crore and net profit increased by 15 per cent to Rs 1.75 crore compared to H2FY22. In FY23, the net sales increased by 39 per cent to Rs 38.89 crore and net profit increased by 45 per cent to Rs 4.32 crore compared to FY22.

The company has a market cap of over Rs 4,000 crore. According to its quarterly results (Q1FY24) and annual results (FY23), the company reported positive numbers and has delivered good profit growth of 18.30 per cent CAGR over the last 5 years

Shares of the company have gained about 110 per cent in the last six months.

According to the quarterly results, the net sales decreased by 2.75 per cent to Rs 8.13 crore while the net profit increased by 91.67 per cent to Rs 0.23 crore in Q1FY24 compared to Q1FY23. In FY23, the net sales increased by 24.13 per cent to Rs 35.34 crore and net profit skyrocketed by 246.15 per cent to Rs 0.45 crore compared to FY22.