Navkar Corporation reported healthy first-quarter results on Thursday, with the company swinging back to profitability after posting losses in the same period last year.The performance was aided by higher revenue and a sharp improvement in operating margins, which boosted investor sentiment.
Following the announcement, the stock hit a high of ₹129.60 before trading at ₹125.45, up ₹11.43 or 10.02%, on the NSE at 2:51 pm.
The company reported a net profit of ₹2 crore for the quarter ended June 2025, compared to a loss of ₹13.1 crore in Q1 FY25. Revenue grew 17% year-on-year to ₹138 crore, as against ₹118 crore in the year-ago period.Also Read: South Indian Bank Q1 Results: Profit rises 10% YoY, NII dips; asset quality improves
Following the announcement, the stock hit a high of ₹129.60 before trading at ₹125.45, up ₹11.43 or 10.02%, on the NSE at 2:51 pm.
The company reported a net profit of ₹2 crore for the quarter ended June 2025, compared to a loss of ₹13.1 crore in Q1 FY25. Revenue grew 17% year-on-year to ₹138 crore, as against ₹118 crore in the year-ago period.Also Read: South Indian Bank Q1 Results: Profit rises 10% YoY, NII dips; asset quality improves
Operating performance was notably stronger, with EBITDA rising to ₹20 crore from just ₹2 crore a year ago. EBITDA margin also improved significantly to 14.5%, up from 1.7% in the corresponding quarter, indicating better cost efficiency and operating leverage.
