Moons Technologies has recently released its results report for the second quarter of fiscal 2024. The company’s sales increased by 258 percent to Rs 159 crore. It was Rs 44 crore in FY 2023. Meanwhile, the company’s operating profit was Rs 68 crore. The company recorded a loss of Rs 14 crore in the financial year 2023. The net profit of the company is Rs 79 crores. Also, the company’s sales grew by 11 percent during the same period.
Last year, the company had achieved a return of 181 percent. The company has achieved a return of 323 percent in the last three years. On Wednesday, the company’s shares rose more than 5 percent to hit a 52-week high. The stock is at the upper circuit limit of Rs 403.10.
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