4 penny stocks surge following the announcement of a remarkable 1331% year-over-year revenue growth in the third quarter
4 Penny stocks are shares of small companies that are priced low and carry a high level of risk, often with a market capitalization below Rs. 500 crore. These stocks are known for their significant price fluctuations, making them attractive to investors seeking high returns. Recently, the market saw a surge of 5 percent in penny stocks after a company reported a staggering 1331 percent year-on-year increase in revenue for the December quarter, sparking investor interest.
Here are four penny stocks that have shown remarkable 1331% YOY revenue growth:
1. Gujarat Inject (Kerala) Limited
Gujarat Inject (Kerala) Limited specializes in the manufacturing of pharmaceutical products, including bulk drugs, formulations, intravenous fluids, and medical equipment such as disposable syringes and surgical sets. With a market capitalization of Rs. 39.19 crores, the shares of Gujarat Inject (Kerala) Limited were trading at Rs. 26.75 per equity share, marking a 2.81 percent increase from the previous day’s closing price of Rs. 26.02.
In the Q3 FY25 results, Gujarat Inject (Kerala) Limited reported a staggering 1331.18 percent YOY increase in consolidated revenue, from Rs. 0.22 crore in Q3 FY24 to Rs. 3.15 crore in Q3 FY25. However, there was a 63.41 percent decrease in revenue from the previous quarter. The company’s consolidated net profit for Q3 FY25 was Rs. 0.21 crore, compared to zero crore in the same period last year, showing a 65.57 percent decrease from the previous quarter.
2. Tokyo Finance Limited
Tokyo Finance Limited is a non-banking financial company (NBFC) in India that provides loans and advances to corporate clients, along with services like leasing, bill discounting, and bridge finance. With a market capitalization of Rs. 19.98
Q3 FY25 Financial Results Overview
Tokyo Finance Limited reported a 5% year-over-year increase in consolidated revenue from operations, rising from Rs. 0.20 crore in Q3 FY24 to Rs. 0.21 crore in Q3 FY25. Additionally, the company saw an impressive 80% year-over-year growth in consolidated net profit, reaching Rs. 0.09 crore compared to Rs. 0.05 crore in the same period last year. However, there was a 10% decrease in net profit compared to Q2 FY25.
Consecutive Investments & Trading Co. Limited, a company focused on investment and trading in capital markets, reported a consolidated revenue of Rs. 3.87 crore in Q3 FY25, showing a 9.94% quarter-over-quarter growth from Rs. 3.52 crore in Q2 FY25. The company also experienced a significant 382.35% year-over-year increase in net profit, reaching Rs. 0.82 crore compared to Rs. 0.17 crore in the previous year. However, there was a 34.43% decrease in net profit compared to Q2 FY25.
WSFX Global Pay Limited, specializing in foreign exchange services, has a market capitalization of Rs. 113.93 crores. The company’s shares reached an intraday high of Rs. 99.80 per equity share, marking a 1.89% increase from the previous day’s closing price of Rs. 97.95. WSFX Global Pay Limited offers outward remittances, forex prepaid cards, and currency exchange solutions for personal and business clients.
Q3 FY25 Financial Results Overview
In the latest quarterly results of WSFX Global Pay Limited, the company experienced a significant increase in consolidated revenue from operations. Year-over-year, there was a 16.75% growth, with revenue rising from Rs. 17.19 crore in Q3 FY24 to Rs. 20.07 crore in Q3 FY25. However, there was a 22.51% decrease quarter-over-quarter from Rs. 25.90 crore in Q2 FY25.
During Q3 FY25, WSFX Global Pay Limited saw a substantial 185% increase in consolidated net profit compared to the same period last year. The net profit reached Rs. 1.16 crore, up from Rs. 0.57 crore in the previous year. However, there was a 63.06% decrease in net profit compared to Q2 FY25, which was Rs. 3.14 crore.
Overall, the financial performance of WSFX Global Pay Limited in Q3 FY25 showed positive growth in revenue but a decline in net profit compared to the previous quarter.
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Disclaimer: This blog post is for informational purposes only and should not be considered financial advice. Investors should conduct thorough research and consult with a qualified financial advisor before making any investment decisions.