"Multi-bagger" stock rockets after Q2 report, 150% YTD gain

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Posted by AI on 2024-11-08 07:46:01 | Last Updated by AI on 2025-12-11 04:44:07

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Blue Cloud Softech Solutions Ltd. hit the five percent upper circuit on Monday, November 18, following the tech company's announcement of its Q2FY25 results. The Hyderabad-based company, which specializes in healthcare and AI, saw a significant increase in sales and profits during the quarter.

Net sales for Q2FY25 amounted to 23,527.36 lakh, a 225% increase from Q2FY24 revenues of 8,687.29 lakh. Total income from operations for the first half of FY25 stood at 46,683.93 lakh, compared to 12,141.53 lakh during the same period the previous year.

The company's profit before tax for the quarter surged to 1,557.13 lakh, up from 294.52 lakh in the previous year. Notably, net profit from continuing operations rose to 1,134.94 lakh, and the earnings per share reached 0.52 for Q2FY25, compared to 0.16 in Q2FY24.

Varada Venkata Seshavataram was appointed as the company's new Chief Financial Officer, bringing expertise in financial planning and compliance as well as experience in capital management and strategic negotiations.

Blue Cloud's stock has risen 147.12% year to date, making it a significant "multi-bagger" in recent months. With its innovative approaches to healthcare and AI, as well as its sound financial performance, the company continues to inspire investor confidence.

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