
As the post-demonetization March 2017 quarter results have rolled in, some companies emerged with remarkable performance in net profit growth - logging above 130% net profit growth YoY for the March 2017 quarter - in addition to good revenue performance.
These companies ranged from NBFCs to Chemicals, Agro, Retail and more. While Avanti Feeds gained plenty of attention from the media, others like Hatsun Agro and Himadri Chemicals (HSCL) have flown under the radar. The list of the top ten performers (with quarterly revenues above Rs. 100 crore) is below. The full screener can be found here.
Company | Revenues in Mar 2017 Quarter (Rs. crore) | Revenue Growth (YoY) | Net Profit Growth (YoY) |
IndiaBulls Ventures | 117.69 | 27% | 2181% |
Bhansali Engineering Polymer | 192.85 | 24% | 1908% |
Hatsun Agro Product | 1217.65 | 36% | 358% |
Future Lifestyle Fashions (FLFL) | 987.4 | 16% | 263% |
DCM Shriram | 1651.7 | 21% | 206% |
8K Miles Software | 166.6 | 93% | 178% |
Jindal Stainless (JSL) | 2,301.39 | 17% | 176% |
Avanti Feeds | 639.73 | 36% | 173% |
Himadri Chemicals and Industries | 375.6 | 44% | 159% |
IG Petrochemicals | 289.27 | 35% | 134% |