Onesource Industries & Venture Limited, a key player in agricultural commodities trading, witnessed a remarkable surge in its share price, hitting the upper circuit on January 16, 2025. The stock is now trading close to its 52-week high, marking a 40% gain in the last 3 months. This significant price movement is largely attributed to the company’s robust financial performance in Q3FY25.
In Q3FY25, the company reported a staggering revenue of ₹3,246.65 lakhs, a significant increase from ₹429.75 lakhs in the same period the previous year. This marks an impressive growth trajectory, reflecting the company’s effective strategies and strong demand for its products.
Net profit also demonstrated robust growth, rising from ₹19.55 lakhs in Q3FY24 to ₹57.30 lakhs in Q3FY25.
Onesource Industries & Venture specialises in trading agricultural commodities, including fruits, vegetables, seeds, cereals, pulses, edible oil, oil seeds, spices, and organic products. The company also manages the processing, stocking, and distribution of these products. In addition to promoting its own brand, it facilitates farmer-produced goods and supplies agricultural inputs such as pesticides, insecticides, fungicides, and agricultural chemicals.
Their comprehensive approach extends to setting up processing units and trading in both perishable and non-perishable agri-commodities. With an emphasis on innovation, the company also deals in herbal and pharmaceutical chemicals, showcasing its versatility in related industries.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
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Published on: Jan 16, 2025, 4:16 PM IST
Team Angel One
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