This expansion doubles the company’s production capacity from 250,000 to 500,000 cubic meters per annum, solidifying company as one of India’s largest AAC block manufacturers.

The installed capacity at this plant increased from 300,000 CBM to 400,000 CBM per annum as of June 1, 2024. The plant is undergoing further capacity expansion, which will boost the installed capacity to 500,000 CBM

Quarterly results for December 2023 show impressive growth. Their sales jumped by 24.24 per cent, hitting Rs 61.5 crore, suggesting high demand or smart pricing strategies. The Profit Before Interest, Depreciation, and Taxes (PBIDT) also rose by 21.8 per cent to Rs 16.2 crore, indicating good operational efficiency. Despite challenges, the Profit After Tax (PAT) increased by 11.69 per cent to Rs 8.6 crore. Looking ahead, the company aims for a 20-25 per cent sales growth in FY24, reinforcing its market position.

Ultimately, this action underscores the promoter's strong endorsement of Bigbloc's journey and their belief in its potential to become a leading player in the green building sector.

In a recent nail-biting IPL match between Chennai Super Kings and Rajasthan Royals, one of the game's greatest finishers fell short of crossing the finish line. However, in the stock market world, a small-cap company has soared over 6 per cent at the start of the day.

On Friday, the Sensex gained by 1031.43 points to close at 58,991.52, while the Nifty 50 surged by 279 points to close at 17,359.75

For the nine months ended December 2022, company reported a consolidated net profit of Rs. 24.67 crore (PAT margin 16.1 per cent), growth of 186.7 per cent Y-o-Y. Total income during the period was reported at Rs. 153.70 crore, rise of 25.3 per cent Y-o-Y.

The stock has shown tremendous performance as it has surged nearly 98 per cent in the last one-year, while in the last three years the stock has skyrocketed over 1750 per cent. Hence, it has been one of the best performing stocks in the Small-cap category over the period of last three years and a multibagger stock!  

BSE Smallcap index surged 0.38 per cent to end the session at 26,517.8.