New Delhi, May 26 -- Shares of Nandan Denim, a penny stock trading under Rs.5, jumped over 4 percent in intra-day trading on Monday, May 26, after the company posted strong revenue growth for the quarter ended March 2025 (Q4FY25). The upbeat top-line performance reignited investor interest despite a notable decline in profitability.
Nandan Denim reported a sharp 81 percent surge in sales for the March 2025 quarter, with revenue climbing to Rs.1,048.65 crore, compared to Rs.579.12 crore in the same quarter last year. This strong growth underscores the company's expanding market presence and robust demand for its denim products both in India and internationally.
However, the bottom line failed to keep pace. The company's net profit for th...
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