Stock priced under ₹20 has surged to its 5% upper circuit after announcing a remarkable 442% year-over-year increase in revenue.
Stock priced under 20 : Eureka Industries Limited is a penny stock involved in the trading of agricultural commodities such as wheat, rice, paddy, maize, and pulses. The stock recently experienced a 5 percent increase, hitting an upper circuit after reporting a remarkable 442 percent year-over-year revenue growth.
Stock Price Movement
With a market capitalization of Rs. 10.44 crores, Eureka Industries Limited’s shares surged by 5 percent to reach an upper circuit of Rs. 11.93 per share on Wednesday, up from the previous closing price of Rs. 11.37 per share. The stock has since retreated and is currently trading at Rs. 11.90 per equity share.
Q3 FY25 Result Overview
In the latest quarterly results, Eureka Industries Limited saw a significant increase in consolidated revenue from operations, rising by 442.08 percent year-over-year to Rs. 35.94 crore in Q3 FY25 from Rs. 6.63 crore in Q3 FY24. Additionally, the revenue grew by 376.79 percent quarter-over-quarter from Rs. 7.54 crore in Q2 FY25.
Furthermore, the company’s EBIDT increased by 68.09 percent quarter-over-quarter, from Rs. 0.47 crore in Q2 FY25 to Rs. 0.79 crore in Q3 FY25. The consolidated net profit also improved, turning from a net loss of Rs. -2.02 crore in Q3 FY24 to a net profit of Rs. 0.79 crore in Q3 FY24, representing a 71.74 percent increase from Q2 FY25.
Earnings per share rose by 69.81 percent to Rs. 0.90 compared to Rs. 0.53 in the previous quarter of the financial year 2025.
Business Transition
Originally focused on textiles, Eureka Industries Limited has shifted its focus to trading agricultural commodities to take advantage of the growing demand in the agro sector.
Company Overview:
Eureka Industries Limited specializes in trading agricultural commodities such as wheat, rice, paddy, maize, and pulses. Headquartered in India, the company’s registered office is situated in Mumbai.
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