Latest news with #IFLEnterprises
Time of India
3 days ago
- Business
- Time of India
IFL Enterprises turns around business in March qtr, shares rise 20%
Gujarat-based IFL Enterprises on Friday announced turning around its business operations in the March quarter as the company reported a profit of over Rs 3 crore for the period. Shares of the agri-commodity trader rose by nearly 20 per cent to hit the upper circuit on BSE after the announcement of the financial results . The company, engaged in the agri commodity business reported a loss of Rs 67.87 lakh in the corresponding quarter of the previous financial year. Revenue from operations during the last quarter of FY25 rose multifold to Rs 72.13 crore against revenue of Rs 1.98 crore in Q4 FY24. Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now Undo For the financial year that ended March 2025, the company achieved revenue from operations of Rs 120.60 crore, over 13-fold rise compared to Rs 8.24 crore in FY2023-24. Net profit also rose to Rs 2.99 crores in FY25 from Rs 84.5 lakh in FY24. The company said it has expanded domains such as trading of agricultural produce, including fruits, vegetables, and seeds. It had raised Rs 49.53 crore through a rights issue in June last year to fund its expansion plans. PTI
Mint
4 days ago
- Business
- Mint
Penny stock below ₹1 skyrockets 19% after Q4 results 2025. Details here
A penny stock below ₹ 1 surged over 19 per cent to hit its upper circuit in intraday trade on Friday, May 30, buoyed by the company's March quarter (Q4FY25) results. IFL Enterprises share price opened at ₹ 0.84 against its previous close of ₹ 0.83 and surged 19.3 per cent to hit its upper circuit of ₹ 0.99 on the BSE. In the previous session (May 29), the stock ended 5 per cent higher. After market hours on May 28, the company reported consolidated net profit of ₹ 3.04 crore for Q4FY25 as compared to a loss of ₹ 67.87 lakh in the corresponding quarter of the previous financial year. Revenue from operations during Q4FY25 rose multifold to ₹ 72.13 crore as against revenue of ₹ 1.98 crore in Q4 FY24. For the financial year that ended March 2025, the company achieved revenue from operations of ₹ 120.60 crore, over a 13-fold rise as compared to the revenue of ₹ 8.24 crore in the FY24. Net profit also rose to ₹ 2.99 crore for the FY25, compared to ₹ 84.5 lakh in FY24, a 254 per cent YoY growth. Meanwhile, the company said it successfully raised ₹ 49.53 crore rights issue in June 2024 to fund its expansion plans, including funding the working capital requirements, general corporate purposes, etc. The rights issue was subscribed 1.21 times. IFL Enterprises is in the agri commodity business and also trades financial instruments like shares, stocks, and bonds. The penny stock has been under pressure over the last year, falling 52 per cent (till May 29). It hit a 52-week high of ₹ 1.82 on June 3 last year and a 52-week low of ₹ 0.59 on March 28 this year. Till May 29 close, the stock has surged 19 per cent in May. Read all market-related news here
Mint
4 days ago
- Business
- Mint
Penny stock below ₹1 skyrockets 19% after Q4 results 2025. Details here
A penny stock below ₹ 1 surged over 19 per cent to hit its upper circuit in intraday trade on Friday, May 30, buoyed by the company's March quarter (Q4FY25) results. IFL Enterprises share price opened at ₹ 0.84 against its previous close of ₹ 0.83 and surged 19.3 per cent to hit its upper circuit of ₹ 0.99 on the BSE. In the previous session (May 29), the stock ended 5 per cent higher. After market hours on May 28, the company reported consolidated net profit of ₹ 3.04 crore for Q4FY25 as compared to a loss of ₹ 67.87 lakh in the corresponding quarter of the previous financial year. Revenue from operations during Q4FY25 rose multifold to ₹ 72.13 crore as against revenue of ₹ 1.98 crore in Q4 FY24. For the financial year that ended March 2025, the company achieved revenue from operations of ₹ 120.60 crore, over a 13-fold rise as compared to the revenue of ₹ 8.24 crore in the FY24. Net profit also rose to ₹ 2.99 crore for the FY25, compared to ₹ 84.5 lakh in FY24, a 254 per cent YoY growth. Meanwhile, the company said it successfully raised ₹ 49.53 crore rights issue in June 2024 to fund its expansion plans, including funding the working capital requirements, general corporate purposes, etc. The rights issue was subscribed 1.21 times. IFL Enterprises is in the agri commodity business and also trades financial instruments like shares, stocks, and bonds. The penny stock has been under pressure over the last year, falling 52 per cent (till May 29). It hit a 52-week high of ₹ 1.82 on June 3 last year and a 52-week low of ₹ 0.59 on March 28 this year. Till May 29 close, the stock has surged 19 per cent in May. Read all market-related news here Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions, as market conditions can change rapidly, and circumstances may vary.
Business Standard
5 days ago
- Business
- Business Standard
IFL Enterprises reports consolidated net profit of Rs 3.04 crore in the March 2025 quarter
Sales rise 3524.62% to Rs 72.13 crore Net profit of IFL Enterprises reported to Rs 3.04 crore in the quarter ended March 2025 as against net loss of Rs 0.68 crore during the previous quarter ended March 2024. Sales rose 3524.62% to Rs 72.13 crore in the quarter ended March 2025 as against Rs 1.99 crore during the previous quarter ended March 2024. For the full year,net profit rose 251.76% to Rs 2.99 crore in the year ended March 2025 as against Rs 0.85 crore during the previous year ended March 2024. Sales rose 1363.71% to Rs 120.61 crore in the year ended March 2025 as against Rs 8.24 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 72.131.99 3525 120.618.24 1364 OPM % 2.44-60.80 - 1.58-1.82 - PBDT 4.05-0.60 LP 4.511.51 199 PBT 3.92-0.79 LP 4.011.27 216 NP 3.04-0.68 LP 2.990.85 252
