New Delhi, Jan. 29 -- Shares of penny stock Nandan Denim saw an uptick of 4.5 percent in intra-day trade on Wednesday, January 29, following the company's robust financial performance for the quarter ended December 2024 (Q3 FY25).

Nandan Denim Limited reported a significant 100.39 percent year-on-year (YoY) growth in net sales for Q3 FY25, reaching Rs.926.15 crore compared to Rs.462.18 crore in the same quarter of the previous year. However, despite strong revenue growth, the company's net profit declined by 17.3 percent to Rs.6.58 crore, down from Rs.7.96 crore in Q3 FY24.

Earnings before interest, depreciation, and amortization (EBITDA) witnessed an 8.42 percent drop, standing at Rs.30.87 crore versus Rs.33.71 crore a year ago. Meanwh...