Shanthi Gears Share Price Jumps As Q3 Profit Surges 50%
Shanthi Gears' board of directors have also declared an interim dividend of Rs 3 per equity share for financial year 2025.
Shares of Shanthi Gears Ltd. surged over 16% after the company announced that its third quarter profit jumped 50.8% to Rs 26.3 crore.
The company's board of directors have also declared an interim dividend of Rs 3 per equity share for financial year 2025.
The company's bottomline rose 25.5% to Rs 158 crore, while operating profit rose 50.2% in the December quarter.
In the previous quarter the gear manufacturer announced a 21.9% increase in profit after tax, reaching Rs 25.63 crore, up from Rs 21.02 crore during the same period last year.
Shanti Gears Q3 FY25 Highlights (Cons, YoY)
Revenue up 25.5% to Rs 158 crore versus Rs 128 crore.
Ebitda rose 50.2% to Rs 35 crore versus Rs 23.3 crore.
Margin at 22.2% versus 18.6%.
Net profit rose 50.8% to Rs 26.3 crore versus Rs 17.4 crore.
Shanthi Gears Share Price Today
Shanthi Gears stock rose as much as 16.31% during the day to Rs 488.45 apiece on the NSE. It was trading 13.20% higher at Rs 475.40 apiece, compared to a 0.13% advance in the benchmark Nifty 50 as of 2:46 p.m.
It has fallen 13.07% in the last 12 months. The relative strength index was at 53.07. There are no analysts tracking the stock currently.
