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Semiconductor stock jumps 8% after its net profit increases by 405% YoY

Prominent semiconductor company posted a 405.02% increase in net profit for Q3 FY25, with a 40.76% rise in sales. Total income grew, reflecting strong financial performance and effective growth strategies.
Semiconductor stock jumps 8% after its net profit increases by 405% YoY
Semiconductor stock jumps 8% after its net profit increases by 405% YoY

Introduction:

Leading semiconductor company reports a 405.02% increase in net profit for Q3 FY25, reaching ₹11.06 crore. Sales grew by 40.76%, reflecting expanding market demand, while total income showed steady growth, highlighting the company’s strong financial performance and growth strategies.

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Also Read: Stocks To Watch For Budget 2025

Share price movement of MosChip Technologies:

On January 31, 2025, Moschip Technologies Ltd opened at ₹207.90, up 3.94% from its previous close of ₹200.05. The stock reached a high of ₹216.80 (6.40%) and a low of ₹202.00. By 11:46 AM, it traded at ₹212.85, with a market cap of ₹4,063.07 crore.

Moschip Technologies Reports 405% Profit Surge:

Moschip Technologies reported a remarkable 405.02% increase in net profit for the quarter ending December 2024, reaching ₹11.06 crore, compared to ₹2.19 crore in the same quarter last year. The significant rise highlights strong performance and efficient growth strategies.

Sales for the December 2024 quarter also saw impressive growth, rising 40.76% to ₹126.16 crore, up from ₹89.63 crore in the previous year. This boost in sales is indicative of the company’s expanding market reach and strong demand for its products.

Total income for the quarter stood at ₹127.4 crore, showing a slight increase from ₹126.6 crore in the September 2024 quarter and a notable jump from ₹90.04 crore in December 2023, demonstrating consistent financial growth.

Ace investor holding in MosChip Technologies:

Rama Chandra Reddy Kadiri

Rama Chandra Reddy Kadiri holds a 1.23% stake in Moschip Technologies Ltd, owning 2,355,500 shares valued at ₹50.1 crore. This significant holding reflects confidence in the company’s growth and long-term prospects in the semiconductor industry.

Stock performance of MosChip Technologies for Period of 1 week, 6 months and 1 year:

Moschip Technologies Ltd has experienced a 3.57% return over the past week, reflecting short-term growth. However, it has seen a decline of -22.5% over the last six months, while boasting an impressive 93.6% return over the past year.

Also Read: Best Sectors To Watch For Budget 2025

Shareholding pattern of MosChip Technologies:

All values in %Dec 2024Sep 2024Jun 2024
Promoter44.60%46.10%46.50%
FII2.20%3.60%2.90%
DII0%0%0%
Public53.20%50.20%50.50%
Others0.10%0.10%0.10%
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About MosChip Technologies:

Moschip Technologies Ltd (BSE: 532407) is a leading semiconductor and system design company based in Hyderabad, specializing in turnkey ASICs, mixed-signal IP, IoT solutions, and embedded systems for sectors including aerospace, defense, consumer electronics, and automotive.

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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