Penny Stock Below Rs 10 to Watch: H1 FY27 Net Profit Jumps Nearly 3X; Stock Hits Upper Circuit
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The company's segment results indicate that agricultural produce trading contributed Rs 279.42 crore to total revenue during H1 FY27, accounting for approximately 96 per cent of revenue from operations.
✨ Key Takeaways
Shares of Vellora Impact Limited, a company operating in the agriculture and information technology sectors, were locked at the 5 per cent Upper Circuit on the BSE on Thursday, November 5, 2026. The stock closed at Rs 9.68 per share. The company recently announced its unaudited standalone financial results for the quarter and half year ended September 30, 2026.
During Q2 FY27, Vellora Impact reported revenue from operations of Rs 148.64 crore, compared with Rs 2.17 crore in the corresponding quarter of the previous financial year.
Earnings before interest, Tax, depreciation and amortisation (EBITDA) increased by 36.1 per cent year on year to Rs 8.92 crore, compared with Rs 6.56 crore in Q2 FY26.
Net profit stood at Rs 6.71 crore, registering a marginal increase of 1.8 per cent from Rs 6.60 crore reported in the same quarter last year.
For the first half of FY27, the company reported revenue from operations of Rs 290.56 crore, compared with Rs 3.33 crore in H1 FY26.
Net profit increased to Rs 12.63 crore from Rs 4.49 crore in the corresponding period last year, representing growth of about 181 per cent.
EBITDA for H1 FY27 stood at Rs 16.91 crore, while earnings per share (EPS) were reported at Rs 22.67, compared with Rs 8.05 in H1 FY26.
The company's segment results indicate that agricultural produce trading contributed Rs 279.42 crore to total revenue during H1 FY27, accounting for approximately 96 per cent of revenue from operations.
IT enabled services contributed the remaining Rs 11.14 crore, while the chemical manufacturing segment reported no revenue during the period.
Notably, the company transitioned from chemical manufacturing and trading to IT and IT enabled services and agricultural produce trading with effect from January 1, 2026.
As a result, the sharp increase in reported revenue should be viewed in the context of this change in business operations, as the financial figures for the corresponding period of the previous year reflect a different business mix.
Disclaimer: The article is for informational purposes only and not investment advice.