Genesys International Corporation Ltd saw its shares surge over 13% this week after the company announced robust financial results for the second quarter ending September 30, 2024.
The company reported a remarkable net profit of ₹11.1 crore, a significant turnaround from the net loss of ₹3.4 crore recorded in the same quarter last year.
The impressive growth in revenue from operations was a standout feature of the earnings report, soaring by 116.87% to ₹72 crore, compared to ₹33.2 crore in the previous fiscal year’s quarter. Moreover, the company’s EBITDA surged by an astounding 281.82%, reaching ₹29.4 crore, up from ₹7.7 crore year-over-year.
On Friday, the stock opened at ₹816.90, hitting a high of ₹816.90 and a low of ₹734.40 during the trading session.
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