New Delhi, May 30 -- A penny stock below Rs.1 surged over 19 per cent to hit its upper circuit in intraday trade on Friday, May 30, buoyed by the company's March quarter (Q4FY25) results. IFL Enterprises share price opened at Rs.0.84 against its previous close of Rs.0.83 and surged 19.3 per cent to hit its upper circuit of Rs.0.99 on the BSE. In the previous session (May 29), the stock ended 5 per cent higher.

After market hours on May 28, the company reported consolidated net profit of Rs.3.04 crore for Q4FY25 as compared to a loss of Rs.67.87 lakh in the corresponding quarter of the previous financial year. Revenue from operations during Q4FY25 rose multifold to Rs.72.13 crore as against revenue of Rs.1.98 crore in Q4 FY24.

For the fi...