logo
The Baseline
18 May 2017
As results season continues, ten companies that saw remarkable net profit growth

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%
More from The Baseline
Recommended