DSIJ Mindshare

The company reported a net profit of Rs 0.40 crore in Q4FY23 company to a net loss of Rs 0.07 crore in Q4FY22, an increase of 670 per cent. The net sales increased by 9.80 per cent to Rs 4.82 crore and net profit skyrocketed by 236.36 per cent to Rs 0.74 crore in FY23 over FY22.

The company's board of directors has set July 1, 2023 as the record date for 4:1 bonus share. 

Today, the shares of the company have soared to reach a fresh 52-week high, and it has given over a 75 per cent return over the past year.

The company reported positive numbers in its quarterly results (Q4FY23) and annual results (FY23). Additionally, the company have declared a final dividend of Rs 0.36 per share (i.e., 3.60 per cent on the paid-up equity share capital) for the financial year 2022-2023. The record date/date of book closure for payment of the final dividend would be fixed and intimated in due course.

On Monday, shares of the company surged by 10 per cent and hit its upper circuit of Rs 86.27. Additionally, the scrip had a spurt in volume by more than 1.32 times.