The newly-listed shares of Shanti Gold International surged nearly 11 percent on August 21 after the company released its results for the first quarter of the financial year 2026. The shares of the company were trading at Rs 274 apiece in the morning, the highest level seen by the stock so far since listing.
Shanti Gold International on August 20 reported a net profit of Rs 24.6 crore for the April-June quarter of the ongoing financial year 2026. This marks a whopping 174 percent year-on-year (YoY) jump from the Rs 8.99 crore net profit reported in the corresponding quarter of the previous financial year.
The firm's revenue from operations rose 22 percent YoY to Rs 292.78 crore in Q1 FY26 from Rs 239.83 crore in Q1 FY25. Expenses meanwhile rose around 14 percent YoY to Rs 261 crore during the quarter under review.
Shanti Gold International had released its first-ever results after market debut in the post market hours of August 20. The shares of the company had made a decent debut on stock markets on August 1, listing at Rs 227.55 per share on NSE. This marked a premium of over 14 percent over its IPO price of Rs 199 per share.
The shares of the company have so far jumped more than 20 percent from the listing price, and are up nearly 38 percent from the IPO price. The stock currently has a P/E ratio of around 72.
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