Penny stock jumps 15% after reporting 756% YoY increase in net profits

This penny stock engaged in plant tissue culture and the production, processing, and marketing of hybrid seeds for various crops, including corn, sunflower, cotton, and paddy, skyrocketed 15 percent after reporting a 755.56 percent YOY increase in net profit. Stock Price Movement In Wednesday’s trading session,  Shree Ganesh Biotech India Limited’s share reached an intraday […] The post Penny stock jumps 15% after reporting 756% YoY increase in net profits appeared first on Trade Brains.

Feb 6, 2025 - 10:30
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Penny stock jumps 15% after reporting 756% YoY increase in net profits

This penny stock engaged in plant tissue culture and the production, processing, and marketing of hybrid seeds for various crops, including corn, sunflower, cotton, and paddy, skyrocketed 15 percent after reporting a 755.56 percent YOY increase in net profit.

Stock Price Movement

In Wednesday’s trading session,  Shree Ganesh Biotech India Limited’s share reached an intraday high of Rs. 1.13 per equity share, rising 15.31 percent from its previous day’s close price of Rs. 0.98. The stock opened at Rs. 1.02 and is currently trading at Rs. 1.07. The market capitalization now stands at approximately Rs. 42.65 crore.

Q3 FY25 Result Walkthrough

Coming into the quarterly results of Shree Ganesh Biotech India Limited, the company’s consolidated revenue from operations increased by 249.76 percent YOY, from Rs. 4.12 crore in Q3 FY24 to Rs. 14.41 crore in Q3 FY25, and grew by 627.78 percent QoQ from Rs. 1.98 crore in Q2 FY25.

Further, the company’s EBIDT has increased by 422.22 percent, from Rs. 0.09 crore in Q3 FY24 to Rs. 0.47 crore in Q3 FY25. 

In Q3 FY25, Shree Ganesh Biotech India Limited’s consolidated net profit increased by 755.56 percent YOY, reaching Rs. 0.77 crore compared to Rs. 0.09 crore during the same period last year. As compared to Q2 FY25, the net profit has increased by 140.63 percent, from Rs. 0.32 crore.

The basic earnings per share increased by 100 percent and stood at Rs 0.02 as against Rs 0.01 recorded in the previous quarter in the financial year 2025.

Product and service offerings

Shree Ganesh Biotech produces and markets hybrid seeds for crops like corn, sunflower, cotton, paddy, and sorghum. It also cultivates tissue-cultured plants for improved growth and disease resistance while trading seeds and bhushi, strengthening its presence in the agricultural market.

Written By – Nikhil Naik

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The post Penny stock jumps 15% after reporting 756% YoY increase in net profits appeared first on Trade Brains.

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