Microcap stocks jumps after reporting up to 310% YoY net profit growth in Q3

Two Engineering stocks are in focus after they jumped up to 5% following their Q3 results with robust net profit and revenue growth for both companies.

1. SRM Contractors

Share Price Movement 

With a market capitalization of ₹ 761 Crore, the stock of SRM Contractors opened at ₹342.10, up 4.98% from the previous closing price, the open is also the intraday high for the share.

Q3FY25 Results 

The company reported a 73.53 percent YoY increase in gross revenue from operations from Rs. 86.69 Crore in Q3FY24 to Rs. 150.44  Crore in Q3FY25. On a QoQ basis, the company reported an increase of 58 percent in gross revenue from operations from Rs. 95.24 Crore in the previous quarter. 

Their Net profit saw a 310 percent YoY increase from Rs. 3.90 Crore to Rs. 16 Crore for the same period. On a QoQ, basis their net profits also saw an increase of 54.73 percent from Rs. 10.34 Crore for the same period.

About the Company

SRM Contractors Limited is an engineering construction and development company based in Jammu, India. Established in 2008, the company specializes in constructing roads (including bridges), tunnels, slope stabilization works, and other civil construction activities, primarily in the Union Territories of Jammu & Kashmir and Ladakh. They operate both as an Engineering, and EPC contractor

Also read: Railway stock in green after winning contract Worth ₹537 Cr from Adani Cement

2. Forbes & Company

Share Price Movement 

With a market capitalization of ₹ 451 Crore, the stock of Forbes & Company opened at ₹354, up 2.46% from the previous closing price, and later made a high of 359 up 3.90 %. 

Q3FY25 Results 

The company reported a 243.11 percent YoY increase in revenue from operations from Rs. 11.89 Crore in Q3FY24 to Rs. 40.23  Crore in Q3FY25.

On a QoQ basis, the company reported an increase of 16.07 percent in revenue from operations from Rs. 34.66 Crore in the previous quarter. 

Their Net profit saw a 141.73 percent YoY increase from Rs. 3.93 Crore to Rs. 9.5 Crore for the same period. On a QoQ, basis their net profits also saw an increase of 84.82 percent from Rs. 5.14 Crore for the same period.

About the Company

Forbes & Company Limited, established in 1767 by John Forbes in Mumbai, is one of India’s oldest companies. Initially focused on manufacturing, trading, and shipping, it has diversified into precision tools, industrial automation, health and hygiene products, and real estate. The company operates through segments like Engineering, Real Estate, and IT Enabled Services. 

Written By Abhishek Das

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