Textile stock jumps 8% after company’s net profit increases by 5,200% YoY

SYNOPSIS:

APM Industries reported Q2 FY26 revenue of Rs. 67.5 crore, up 17 percent YoY. The company posted a net profit of Rs. 1.06 crore, marking a sharp turnaround and strong year-on-year growth.

During Friday’s trading session, shares of a company involved in the manufacturing and selling of manmade fibre’s spun yarn, and sewing thread surged 8 percent on BSE, after reporting Q2 FY26 financial results with a rise in net profit by around 5200 percent YoY.

With a market cap of Rs. 85.4 crores, the shares of APM Industries Limited hit an intraday high at Rs. 42.85 on BSE, up by around 8 percent on BSE, as against its previous closing price of Rs. 39.7. The stock has delivered negative returns of around 18 percent in one year, but has gained by nearly 12 percent in the last one month