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FMCG stock hits 10% upper circuit after reporting 7230% QoQ increase in net profits

FMCG stock surged 10% to the upper circuit after strong Q2 FY25 results, with revenue up 105.7% to ₹1,465.86 crore, showing robust performance and investor confidence.
FMCG stock hits 10% upper circuit after reporting 7230% QoQ increase in net profits

The FMCG stock witnessed a significant 10% increase, reaching the upper circuit after impressive Q2 FY25 results were announced. The firm reported a remarkable 105.70% growth in consolidated revenue, escalating to ₹1,465.86 crore from ₹712.6 crore in Q1 FY25, reflecting strong market performance and rising investor confidence.

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Share Price movement of HMA Agro Industries:

HMA Agro Industries’ stock price experienced a significant 10% increase, hitting the upper circuit limit after announcing strong Q2 FY25 results. The share price opened at ₹45.10, up nearly 9.5% from the previous close of ₹41.15, and continued to climb to an intraday high of ₹45.26, showcasing investor confidence in the company’s robust financial performance.

HMA Agro Industries Q2 results:

HMA Agro Industries saw its share price surge 10% to hit the upper circuit after announcing robust Q2 FY25 results. The company reported a staggering 105.70% growth in consolidated revenue, reaching ₹1,465.86 crore, compared to ₹712.6 crore in Q1 FY25.

The firm’s EBITDA for Q2 FY25 grew by 301.73%, totaling ₹70.06 crore, up from ₹17.44 crore in the previous quarter. This significant increase contributed to a half-year EBITDA of ₹100.85 crore, marking a 13.24% rise YoY.

Net profit for Q2 FY25 escalated remarkably by 7229.36%, reaching ₹53.43 crore from just ₹0.73 crore in Q1 FY25, reflecting strong profitability and operational efficiency. YoY, net profit increased by 8.44%, consolidating HMA Agro’s financial stability.

Recent news About HMA Agro Industries:

HMA Agro Industries’ stock soared by 10% hitting the upper circuit following the announcement of their Q2 FY25 results. The company demonstrated a substantial increase in both revenue and profits, with revenue growing over 105% and net profit surging by an unprecedented 7229.36%, indicating robust operational success and market approval.

Stock performance of HMA Agro Industries

HMA Agro Industries has faced significant challenges in the stock market over various timeframes. Over the past year, the stock plummeted by 40.3%, reflecting deeper market and operational issues. In the last six months, it declined further by 23.7%, and just this past week, it dropped sharply by 13.1%.

Shareholding pattern of HMA Agro Industries:

All values in %Sep-24Jun-24Mar-24
Promoters83.6183.6183.61
FII5.765.35.88
DII00.030.02
Retail & others10.6311.0610.48
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About HMA Agro Industries:

HMA Agro Industries is a prominent player in the agribusiness sector, specialising in the processing and distribution of agricultural products. The company’s operations encompass a wide range of activities from procurement to processing, ensuring quality control and efficient supply chain management to meet consumer and market demands effectively.

Disclaimer: The above article is written for educational purposes and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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