Home Investment Products Stock Market Realty Rocket: Multibagger small-cap stock reports a 335 per cent jump in net profit! – Dalal Street Investment Journal

Realty Rocket: Multibagger small-cap stock reports a 335 per cent jump in net profit! – Dalal Street Investment Journal

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Realty Rocket: Multibagger small-cap stock reports a 335 per cent jump in net profit! – Dalal Street Investment Journal

The inventory is up by 34.70 per cent in 1 yr, up by 45 per cent in 2 years and over 100 per cent in 3 years.

Kolte-Patil Builders Ltd. (BSE: 532924, NSE: KOLTEPATIL), a number one Pune-based actual property participant, with a rising presence in Mumbai and Bengaluru, introduced its outcomes for the fourth quarter and full yr ended March 31, 2023. Particulars beneath:

Monetary Highlights for the Q4FY23: 

  • Whole Income stood at Rs 796.93 crore, up 111.91 per cent over Q4FY22. 
  • Working revenue stood at Rs 180.91 crore, up 298.57 per cent over Q4FY22.  
  • Revenue After Tax stood at Rs 116.90 crore, up 335.87 per cent over Q4FY22.  
  • The EPS for Q4FY23 stood at Rs 15.38.  

Monetary Highlights for FY23:  

  • Whole Income stood at Rs 1,488.43 crore, up 33.20 per cent over FY22. 
  • Working revenue stood at Rs 221.86 crore, up 8.11 per cent over FY22.  
  • Revenue After Tax stood at Rs 113.38 crore, up 31.17 per cent over FY22.  
  • The EPS for Q4FY23 stood at Rs 13.48.  

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On Friday, shares of Kolte Patil Builders zoomed 2.80 per cent to Rs 305.20 per share with the day’s excessive of Rs 320.70 and the day’s low of Rs 303.10.

Kolte-Patil Builders Ltd builds residential housing, industrial complexes and blended residential and industrial tasks. The shares of the corporate noticed a spurt in quantity by greater than 2.17 occasions on BSE.  

The inventory is up by 34.70 per cent in 1 yr, up by 45 per cent in 2 years and over 100 per cent in 3 years. Buyers ought to regulate this small-cap realty inventory.

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