Shares of smallcap firm Elitecon International hit the 5 percent upper circuit in Thursday’s trade after the company reported a jump in profit for the July–September quarter of FY2025-26.
The company’s net profit rose 129 percent year-on-year to Rs 20.19 crore in the second quarter, compared to Rs 8.8 crore in the same period last year.
Revenue from operations surged to Rs 504.89 crore in the quarter under review, against Rs 79.13 crore in the corresponding quarter of FY2024-25, the company said in an exchange filing.
The company also announced an interim dividend for the financial year 2025-26. The board has recommended a 5 percent dividend on each equity share of Re 1 face value, translating into a payout of Re 0.05 per share.
"The Board of Directors have declared an interim dividend of Re 0.05 (five paise only) per equity share of Re 1 each for the financial year 2025-26," the company said in its filing to the exchanges on Wednesday.
The company has fixed November 12, 2025 as the record date for determining the shareholders eligible for the interim dividend.
Shares of the company hit the 5 percent upper circuit limit at Rs 170.90 per share on the NSE.
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