DSIJ Mindshare

In Q4FY23, the company reported a 42.39 per cent increase in net profit YoY.

In Q4FY23, the company witnessed a significant increase in net sales, rising by 38.01 per cent to reach Rs 145.05 crore compared to Q4FY22. Similarly, in the entire FY23, net sales experienced robust growth of 41.50 per cent and reached Rs 473.55 crore, surpassing the figures of FY22.

The company recently implemented a trading phase involving ex-bonus shares traded at a ratio of 1:3 and an ex-stock split at a ratio of 10:1 for equity shareholders, with the record date set on Monday, June 05, 2023. This strategic move reflects the company's efforts to enhance shareholder value and expand its investor base.

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The shares of the company saw a spurt in volume by more than 13.26 times on BSE. The stock is up by 75 per cent in just 1 year and gave multibagger returns of over 350 per cent in 3 years.