India's Manorama Industries hits record high on quarterly profit surge

Manorama Industries

28/04/2025 08:51

** Shares of Manorama Industries MNOR.NS jump as much as 10.7% to record high at 1,339.9 rupees, last up 6.5%

**  The specialty fats and butter maker reported a nearly four-fold surge in Q4 profit before tax, revenue grew 80% y/y

** Expects revenue of 10.5 billion rupees in FY26; it logged 7.71 billion rupees revenue in FY25

** Stock on track to log busiest trading day on record, with volumes at 14x the 30-day avg

** MNOR up ~13% YTD

(Reporting by Manvi Pant in Bengaluru)

((Manvi.Pant@thomsonreuters.com; +918447554364; ))