Mold-Tek Technologies reports a staggering 452% year-over-year growth in third quarter net income. The Hyderabad-based company reports a net profit of Rs 920 crore compared to his Rs 166 crore in the same quarter of the previous financial year, according to exchange documents. After that, the company’s net profit he increased by 34%.
The company reported total revenue of Rs 4.111 billion during the quarter compared to Rs 2.462 billion in the same period last year. His total revenue for the last quarter was Rs 3.5 billion.
The company reported that it reported total revenue of Rs 10.553 billion in the first nine months of this financial year, an increase of 46% from the first nine months of FY22. , increased by 122% to Rs 1.915 billion in the first nine months of FY23.
J Lakshmana Rao, Chairman and MD of Mold-Tek Technologies Limited, said: .
Mold-Tek Technologies stock has generated multi-bagger returns, bringing wealth to investors. Over the past six months Counter has achieved his 80% return, but over the past year has surpassed 110%.