Investors should pay attention to stocks where the half-yearly net profit exceeds the yearly profit, as these companies demonstrate strong growth and resilience. This trend can signal potential opportunities for higher returns and indicate a positive outlook for the industry as a whole, suggesting sustainability and competitive advantage.
Following is a list of stocks whose half-yearly net profit is higher than yearly profit:
1. Bharti Airtel:Â
A major Indian telecom company, providing mobile, broadband, and digital services across 18 countries, founded in 1995 by Sunil Bharti Mittal.Â
The share price of Bharti Airtel Limited is up 56.66 percent YTD. Currently, shares trade at Rs. 1,578.25 per share as of Friday. The market capitalisation now stands at approximately Rs. 8,98,786.98 crore as of December 20, 2024.
According to its recent filing, in FY2024, Bharti Airtel’s consolidated profit has declined by 30.3 percent YOY to Rs. 8,558 crore in FY24. Half-yearly figures reached Rs. 8,871 crore, an increase of 3.6 percent compared to FY24 profit.Â
2. Zomato:Â
An Indian multinational food delivery and restaurant aggregator, cofounded by Deepinder Goyal in 2008, connecting customers with restaurants globally.
The share price of Zomato Limited is up 120.64 percent YTD. Currently, shares trade at Rs. 274.70 per share as of Friday. The market capitalisation now stands at approximately Rs. 2,71,995.13 crore as of December 20, 2024.
According to its recent filing, in FY2024, Zomato’s consolidated profit has turned profit from a loss of Rs. 971 crore to a profit of Rs. 351 crore in FY24. Half-yearly figures reached Rs. 429 crore, an increase of 22.2 percent compared to FY24 profit.Â
3. Dixon Technologies:Â
An electronics manufacturing company based in Noida, specialising in contract manufacturing for brands like Samsung and Xiaomi, with 17 units across India.
The share price of Dixon Technologies Limited is up 178 percent YTD. Currently, shares trade at Rs. 17944.65 per share as of Friday. The market capitalisation now stands at approximately Rs. 1,07,795.71 crore as of December 20, 2024.
According to its recent filing, in FY2024, Dixon Technologies’s consolidated profit has increased by 47 percent YOY to Rs. 375 crore in FY24. Half-yearly figures reached Rs. 551 crore, an increase of 46.9 percent compared to FY24 profit.Â
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4. Voltas:Â
An Indian multinational HVAC and engineering solutions company, part of the Tata Group, known for sustainable cooling technology and home appliances.
The share price of Voltas Limited is up 72.21 percent YTD. Currently, shares trade at Rs. 1,684.15 per share as of Friday. The market capitalisation now stands at approximately Rs. 55,874.85 crores as of December 20, 2024.
According to its recent filing, in FY2024, Voltas’s consolidated profit has increased by 82.3 percent YOY to Rs. 248 crore in FY24. Half-yearly figures reached Rs. 468 crore, an increase of 88.7 percent compared to FY24 profit.Â
5. PB Fintech:Â
Parent company of Policybazaar and Paisabazaar, offering online platforms for insurance and financial products, founded in 2014 by Yashish Dahiya.
The share price of PB Fintech Limited is up 161.37 percent YTD. Currently, shares trade at Rs. 2,092.40 per share as of Friday. The market capitalisation now stands at approximately Rs. 96,087.37 crore as of December 20, 2024.
According to its recent filing, in FY2024, PB Fintech’s consolidated profit has turned profit from a loss of Rs. 488 crore to a profit of Rs. 64 crore in FY24. Half-yearly figures reached Rs. 110.9 crore, an increase of 71.8 percent compared to FY24 profit.Â
Written By Fazal Ul Vahab C H
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