NSE reported a consolidated revenue of Rs 3,652 crore for Q2FY24, marking a 24 per cent year-on-year growth

The stock has seen strong purchasing activity as it has provided gains of more than 78 per cent over the last three years.

The lender's net advances increased by 21 per cent to Rs 3.01 lakh crore in the first quarter of FY24, compared to Rs 2.47 lakh crore in the same quarter last year. Advances increased 4 per cent sequentially.

The Company recorded highest ever quarterly increase in its AUM of approximately Rs 22,700 crore in Q1FY24.

Over the past five years, the company has achieved an impressive compound annual growth rate (CAGR) of 24.6 per cent in terms of profit, indicating a strong and consistent upward trajectory.

The company's total revenue for Q2FY23 was Rs 742.01 crore, up 39.56 per cent from the same period last year, when it was Rs 531.67 crore.  

The total revenue for the year stood at Rs 624.1 crore, up by 68.9 per cent from the previous year. In FY22, the company raised its sales volume by 43.3 per cent while increasing the EBITDA margin by 100 basis points. Rubber chemicals, lubrication additives, speciality chemicals, etc. are gaining massive popularity. Its export company has contributed 64 per cent of sales and is still growing. This was largely due to the outstanding quality of the company's products and long-term ties with its key customers. The company witnessed a significant margin pressure this quarter, as a result of unpredictable raw materials pricing, rising energy, and freight expenses.