Multibagger stock: Pokarna share price was locked in the 5% upper circuit at ₹1,118.25 apiece on the BSE on Friday, May 30, after the company announced its Q4 results for the fiscal year 2024-25 (FY25).
The net profit of Pokarna surged by 279.76% to ₹58.90 crore in the quarter ending March 2025, compared to ₹15.51 crore in the previous quarter ending March 2024.
Sales increased by 62.56% to ₹262.68 crore in the fourth quarter of FY25, up from ₹161.59 crore in the same quarter last year.
For the full financial year, net profit climbed 114.69% to ₹187.55 crore, relative to ₹87.36 crore for the previous year ended March 2024.
Sales grew by 35.27% to ₹930.13 crore in FY25, compared with ₹687.61 crore in FY24.
Further, the board recommended a dividend of ₹0.60 per share, i.e., 30%, for FY25.
In its exchange filing, the company indicated that it has achieved robust results even in the face of industry challenges, showcasing the success of its strategic sales efforts, operational efficiencies, and initiatives aimed at enhancing productivity.
Nevertheless, given the shifting global trade dynamics and increasing pricing pressures, the firm is staying alert and actively gearing up for ongoing uncertainties in the upcoming quarters.
Pokarna share price today opened at ₹1,118.25 apiece on the BSE and soon hit its upper price band.
Anshul Jain, Head of Research at Lakshmishree Investments, said that Pokarna share price has broken out of a bullish weekly inside bar pattern, signaling fresh upside momentum. The breakout opens the path towards the unfilled gap at ₹1,180, which will be the immediate target for the bulls.
“Sustained buying above this level could drive the stock further towards its all-time high zone around ₹1,400. The breakout structure remains healthy, and momentum traders can look for buying opportunities on minor dips for these targets,” said Anshul Jain.
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.
Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.