Sensex Today Live: Mukka Proteins Posts 24% YoY Jump in Q4 Net Profit at ₹27.1 Crore; Shares Up 2%
Mukka Proteins, a leading company in the protein industry, has reported a significant increase in its net profit for the fourth quarter of the fiscal year. The company’s net profit surged by 24.3% Year-on-Year to ₹27.1 crore, up from ₹21.8 crore in the same period last year. This growth in net profit is a testament to the company’s strong performance and strategic initiatives.
In addition to the impressive net profit growth, Mukka Proteins also saw a substantial increase in revenue. The company’s revenue for the quarter rose by 39% Year-on-Year to ₹420.7 crore, compared to ₹256.6 crore in the year-ago period. This growth in revenue highlights the company’s ability to capture market opportunities and drive top-line growth.
Furthermore, Mukka Proteins reported a 12% Year-on-Year growth in EBITDA, which stood at ₹44.6 crore for the quarter, up from ₹32.5 crore in the previous year. The company’s profit margin also improved to 13%, up from 11% Year-on-Year, showcasing its operational efficiency and profitability.
Overall, Mukka Proteins’ strong financial performance in the fourth quarter reflects its robust business model and market position. The company’s shares were up 2% following the positive earnings report, indicating investor confidence in its growth prospects. With a solid foundation and a focus on innovation, Mukka Proteins is well-positioned for continued success in the protein industry.
