Latest news with #PradhinLtd
Economic Times
3 days ago
- Business
- Economic Times
Pradhin posts Rs 7.1 crore profit for June quarter
Pradhin Synopsis Pradhin Ltd reported a net profit of Rs 7.17 crore for the June quarter, driven by a significant surge in total income to Rs 18.34 crore. This impressive growth, compared to Rs 51.47 lakh in the previous fiscal year, reflects the company's strategic expansion and efficient resource utilization. Pradhin Ltd, which is engaged in steel raw material supply and agri waste management, on Wednesday reported a net profit of Rs 7.17 crore for the quarter ending June on higher income. ADVERTISEMENT Total income of the company jumped multi-fold to Rs 18.34 crore as against Rs 51.47 lakh in the corresponding period of FY2024-25, the company said in a statement. Pradhin Director Jay Rajeshbhai Patel said the financial performance is a reflection of the company's strategic expansion, focused transition and efficient use of the resources. The company is committed to sustaining the performance through efficient supply chain management and product diversification, Patel added. Pradhin made a foray into the agricultural waste management and processing business. The company in the last fiscal had raised Rs 48.32 crore from a rights issue to fund its expansion plans. (You can now subscribe to our Economic Times WhatsApp channel) (Catch all the Business News, Breaking News, Budget 2025 Events and Latest News Updates on The Economic Times.) Subscribe to The Economic Times Prime and read the ET ePaper online. NEXT STORY
Time of India
3 days ago
- Business
- Time of India
Pradhin posts Rs 7.1 crore profit for June quarter
Pradhin Ltd , which is engaged in steel raw material supply and agri waste management , on Wednesday reported a net profit of Rs 7.17 crore for the quarter ending June on higher income. Independence Day 2025 Before Trump, British used tariffs to kill Indian textile Bank of Azad Hind: When Netaji gave India its own currency Swadeshi 2.0: India is no longer just a market, it's a maker Total income of the company jumped multi-fold to Rs 18.34 crore as against Rs 51.47 lakh in the corresponding period of FY2024-25, the company said in a statement. Pradhin Director Jay Rajeshbhai Patel said the financial performance is a reflection of the company's strategic expansion, focused transition and efficient use of the resources. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like This Could Be the Best Time to Trade Gold in 5 Years IC Markets Learn More Undo The company is committed to sustaining the performance through efficient supply chain management and product diversification, Patel added. Pradhin made a foray into the agricultural waste management and processing business. The company in the last fiscal had raised Rs 48.32 crore from a rights issue to fund its expansion plans.
Mint
4 days ago
- Business
- Mint
Penny stock under Re 1 jumps 3% after announcement of Q1 results 2025
Penny stock under Re 1: Pradhin share price gained over 3% in early trade on Wednesday after the company reported its Q1 results. The penny stock rose as much as 3.12% to ₹ 0.33 apiece on the BSE. The rally in Pradhin shares comes after the company reported its earnings for the first quarter of FY26. The company reported a net profit of ₹ 7.17 crore in Q1FY26, registering a growth of 1,950% from ₹ 34.99 lakh in the year-ago quarter. In the quarter ended March 2025, Pradhin Ltd reported a net profit of ₹ 3.25 crore. The company's total income during the June quarter increased to ₹ 18.34 crore. In the year-ago quarter, Pradhin Ltd posted other income of ₹ 51.47 lakh and no revenue from operations. Meanwhile, the company's total income in the March quarter was ₹ 133.89 crore. Pradhin share price has gained over 3% in one month, but the stock has fallen 20% in three months. The smallcap stock is down 50% in six months and has declined 60% on a year-to-date (YTD) basis. Pradhin shares have dropped 71% in one year, while the penny stock has lost 57% in three years. At 10:20 AM, Pradhin share price was trading flat at ₹ 0.32 apiece on the BSE. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
India.com
27-05-2025
- Business
- India.com
Stock market update: Back-to-back upper circuit in this stock after quarterly results
Stock market- File image- For Representational purpose Shares of Pradhin hit the upper circuit for the second consecutive day today, i.e. on May 27, 2025. The counter jumped 5 per cent to Rs 0.39 apiece on the BSE. Pradhin shares have been hitting circuit limits for the past few sessions. The small-cap stock touched a lower circuit in the previous session. Pradhin Ltd, a growing player engaged in agriculture, has reported its quarterly results for the fourth quarter of the financial year 2025. The company has reported a net profit of Rs 3.25 crore in the fourth quarter of FY25, recording a jump from Rs 76.02 lakh in the corresponding quarter of last fiscal year. The revenue of the company from operations in the quarter under review increased 7.52 per cent to Rs 132.12 crore from Rs 122.87 crore, year-on-year (YoY). For the full financial year 2024-2025, Pradhin's total revenue jumped to Rs 340.2 crore from Rs 5.1 crore in FY24, a YoY increase of over 6,567 per cent. The net profit surged from Rs 53 lakh to Rs 4.88 crore, marking 817 per cent growth YoY. 'The company anticipates that this transaction will open new avenues for growth. Based on the demand and profitability of this chemical in the Indian market, Pradhin Ltd. plans to explore the possibility of importing other complex chemicals in the future. This strategic move aligns with our ongoing efforts to diversify our product offerings and capitalize on emerging opportunities in the Indian chemical industry,' Pradhin Ltd said in a release. Benchmark stock indices Sensex and Nifty tumbled nearly 1 per cent on Tuesday, snapping the two-day rally after profit-taking in banking, IT and auto shares. The 30-share BSE Sensex dropped 624.82 points or 0.76 per cent to settle at 81,551.63, in a volatile session. During the day, the barometer tanked 1,054.75 points or 1.28 per cent to 81,121.70. The 50-issue NSE Nifty declined 174.95 points or 0.70 per cent to 24,826.20.
Mint
26-05-2025
- Business
- Mint
Circuit-to-circuit penny stock below Re 1 hits upper circuit after Q4 results 2025
Pradhin share price hit a 5% upper circuit on Monday after the company reported its Q4 results. The penny stock jumped 5% to ₹ 0.38 apiece on the BSE. Pradhin shares have been hitting circuit limits since the past few sessions. The small-cap stock touched a lower circuit in the previous session. Pradhin Ltd is a growing player engaged in agriculture, providing high-quality products and innovative solutions. Pradhin reported a net profit of ₹ 3.25 crore in the fourth quarter of FY25, recording a staggering jump from ₹ 76.02 lakh in the corresponding quarter of last fiscal year. The company's revenue from operations in Q4FY25 increased 7.52% to ₹ 132.12 crore from ₹ 122.87 crore, year-on-year (YoY). For the full financial year 2024-2025, Pradhin's total revenue jumped to ₹ 340.2 crore from ₹ 5.1 crore in FY24, a YoY increase of over 6,567%. The net profit surged from ₹ 53 lakh to ₹ 4.88 crore, marking 817% growth YoY. Earlier, the company announced that it was set to import aromatic chemicals from Python Chemical Company Limited, Thailand. This transaction marks the largest order in the Company's history. 'The company anticipates that this transaction will open new avenues for growth. Based on the demand and profitability of this chemical in the Indian market, Pradhin Ltd. plans to explore the possibility of importing other complex chemicals in the future. This strategic move aligns with our ongoing efforts to diversify our product offerings and capitalize on emerging opportunities in the Indian chemical industry,' Pradhin Ltd said in a release. Pradhin share price has declined 19% in one month and more than 52% YTD. The penny stock has dropped 69% in one year and has plunged 56% in three years. At 2:40 PM, Pradhin shares were trading 2.70% higher at ₹ 0.38 apiece on the BSE. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
