Consistency is Key: 5 Companies with Impressive Growth in Earnings

In the world of business, consistent growth is a key indicator of a company’s resilience and potential. Today, we spotlight five companies that have demonstrated impressive growth over the past three quarters. These companies, spanning various industries, have shown their ability to adapt, innovate, and lead in their respective fields.

Five companies with profit growth quarter on quarter

Network People Services Technologies Ltd (NPST)

Industry: Computers – Software – Medium / Small
Current Market Price (CMP): Rs 2,331
Market Cap: Rs 4,519.1 Crore
Net Profit (Jun ’24): Rs 15.6 Crore
Net Profit (Mar ’24): Rs 10.0 Crore
Net Profit (Dec ’23): Rs 6.5 Crore

NPST provides software and digital payment solutions to the BFSI (Banking, Financial Services, and Insurance) sector. Acting as a fintech partner, it offers mobile banking applications, payment switch solutions like IMPS & UPI, and merchant acquiring platforms. Serving clients such as Canara Bank, Kerala Gramin Bank, Karnataka Gramin Bank, IBM India Private Limited, and Cosmos Co-operative Bank, NPST stands out for its innovative digital solutions.

Yes Bank Ltd

Industry: Banks – Private Sector
Current Market Price (CMP): Rs 25
Market Cap: Rs 79,059.9 Crore
Net Profit (Jun ’24): Rs 516.0 Crore
Net Profit (Mar ’24): Rs 467.3 Crore
Net Profit (Dec ’23): Rs 242.6 Crore

Established in 2003, Yes Bank offers a comprehensive range of banking and financial services. Catering to retail, MSME, and corporate clients, Yes Bank provides investment banking, merchant banking, and brokerage services through YES Securities. With 1,192 branches, 150 BCBOs, and over 1,300 ATMs across 300+ districts in India, and a presence in Abu Dhabi and Gujarat’s GIFT City, Yes Bank is a prominent player in the banking sector.

Shakti Pumps Ltd

Industry: Pumps
Current Market Price (CMP): Rs 4,300
Market Cap: Rs 8,614.8 Crore
Net Profit (Jun ’24): Rs 92.7 Crore
Net Profit (Mar ’24): Rs 89.6 Crore
Net Profit (Dec ’23): Rs 45.2 Crore

Shakti Pumps, a leading manufacturer of pumps and motors, offers advanced water pumping solutions for various applications including irrigation, horticulture, domestic, commercial, and industrial uses. Known for its “Shakti” brand, the company provides a diverse product range encompassing submersible pumps, solar pumps, centrifugal pumps, and more. Shakti Pumps is well-regarded in both domestic and international markets.

PMC Fincorp Ltd

Industry: Finance & Investments
Current Market Price (CMP): Rs 5
Market Cap: Rs 251.5 Crore
Net Profit (Jun ’24): Rs 5.9 Crore
Net Profit (Mar ’24): Rs 3.9 Crore
Net Profit (Dec ’23): Rs 2.9 Crore

Incorporated in 1985, PMC Fincorp offers corporate and personal finance services, debt syndication, private placement, and marketing of financial products. Registered as a Non-Systemically Important Non-Banking Financial Company by the Reserve Bank of India, PMC Fincorp operates without accepting public deposits. The company’s strategic focus on diverse financial services has contributed to its steady growth.

Just Dial Ltd

Industry: Miscellaneous
Current Market Price (CMP): Rs 1,229
Market Cap: Rs 10,448.5 Crore
Net Profit (Jun ’24): Rs 141.2 Crore
Net Profit (Mar ’24): Rs 115.7 Crore
Net Profit (Dec ’23): Rs 92.0 Crore

Just Dial is the market leader in India’s local search engine segment. Offering search-related services through apps, mobile websites, desktops, and voice/text options, Just Dial employs about 12,000 people across 250+ cities, covering over 11,000 pincodes. The company derives a significant portion of its revenue from major cities like Mumbai, Ahmedabad, Hyderabad, and more. Its technology and R&D division is based in Bengaluru, driving innovation and growth.

These five companies exemplify the strength and potential of various sectors in the Indian economy. Their consistent performance and growth trajectory make them noteworthy players in their respective industries.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.