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Stock jumps 13% after its net profit increases by 140.16% YoY 

Stock recorded 51.23% YoY revenue growth at ₹247.46 crore, with 140.16% net profit surge and 106.51% EBITDA rise, showcasing strong financials, operational efficiency, and long-term growth.
Stock saw 51.23% revenue growth, 140.16% profit surge, and 106.51% EBITDA rise, ensuring growth.
Stock saw 51.23% revenue growth, 140.16% profit surge, and 106.51% EBITDA rise, ensuring growth.

Introduction:

Stock posted 51.23% YoY revenue growth, reaching ₹247.46 crore in December 2024. Net profit surged 140.16%, while EBITDA grew 106.51%, reflecting strong financial performance, improved operational efficiency, and rising demand, reinforcing its market presence and long-term growth potential.

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Share Price movement of Tega Industries:

On February 5, 2025, Tega Industries Ltd opened at ₹1,515.00, The stock surged to a high of ₹1,736.50 gaining 11% from its previous close of ₹1,528.00.and dipped to a low of ₹1,515.00. It closed at ₹1,627.10, with a market cap of ₹10,825.99 crore.

Tega Industries Q3 Results:

Tega Industries reported a 51.23% YoY increase in standalone net sales, reaching ₹247.46 crore in December 2024, compared to ₹163.63 crore in December 2023. This strong revenue growth highlights the company’s expanding market presence and rising demand for its products.  

Quarterly net profit surged 140.16% YoY to ₹56.08 crore, up from ₹23.35 crore in December 2023. EBITDA also witnessed 106.51% growth, reaching ₹78.08 crore, indicating improved operational efficiency and profitability despite market fluctuations and competitive industry conditions.  

Earnings per share (EPS) increased to ₹8.43 in December 2024, compared to ₹3.51 in December 2023, reflecting strong financial performance. The company’s robust revenue growth, cost management, and rising earnings continue to strengthen its financial position and long-term growth outlook.

Also Read: Alcohol stock hits 5% lower circuit after its net profit falls by 45% in Q3

Recent news About Tega Industries :

In January 2025, Tega Industries Peru secured a contract to supply and install its innovative DynaPrime hybrid coating technology in a 24-foot diameter mill at a prominent copper operation in the Ica region.

Stock performance of Tega Industries for Period of 1 week, 6 months and 1 year:

Tega Industries’ stock gained 10.2% over the past week, reflecting strong short-term momentum. However, over the last six months, it declined by 8.56%, indicating some volatility. Despite this, the one-year return stands at 37.8%, showcasing solid long-term growth and investor confidence.

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Shareholding pattern of Tega Industries:

All values in %Dec-24Sep-24Jun-24
Promoters74.874.7974.79
FII1.681.771.7
DII19.0219.1118.94
Retail & others4.54.324.56
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About Tega Industries:

Tega Industries Ltd (NSE: TEGA) specializes in manufacturing consumables for mining, bulk solids handling, and mineral processing industries. It provides wear-resistant solutions, liners, and screening products. With a strong global presence, the company focuses on innovation, efficiency, and sustainability to enhance operational performance in various sectors.
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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