Synopsis:
BITS Limited reports 25.93% YoY revenue growth and a 900% YoY net profit surge in Q2 FY26 results.
This Penny Stock under Rs. 10, engaged in providing education across diverse fields, including art, commerce, science, computer software and hardware, business and hotel management, engineering, and technical education, hit 20 percent upper circuit after the company reported September quarterly results with a 900 percent YoY increase in net profit.
With a market capitalization of Rs. 101.81 crores, the shares of BITS Limited hit a 20 percent upper circuit of Rs. 9.10 per share on Wednesday, up from its previous closing price of Rs. 7.59 per share.
Q2 FY26 Result Walkthrough
Coming into the quarterly results of BITS Limited, the company’s consolidated revenue from operations increased by 25.93 percent YOY, from Rs. 0.27 crore in Q2 FY25 to Rs. 0.34 crore in Q2 FY26, and increased by 9.68 percent QoQ from Rs. 0.31 crore in Q1 FY26.
In Q2 FY26, BITS Limited’s consolidated net profit increased by 900 percent YOY, reaching Rs. 0.10 crore compared to Rs. 0.01 crore during the same period last year. As compared to Q1 FY26, the net profit has increased by 42.86 percent, from Rs. 0.07 crore. The basic earnings per share increased by 400 percent and stood at Rs. 0.01 as against Rs. 0.002 recorded in the same quarter in the previous year, FY2025.
BITS Limited’s revenue has grown at a CAGR of 15.15 percent over the last three years. In terms of return ratios, the company’s ROCE and ROE stand at 1.12 percent and 1.12 percent, respectively. BITS Limited has an earnings per share (EPS) of Rs. 0.03, and it’s a debt-free company.
Company Overview
BITS Limited was incorporated on November 27, 1992, and primarily operates in the education sector, offering education across various streams such as Art, Commerce, Science, Computer Software and Hardware, Business Management, Hotel Management, Engineering, and Technical Education.
The company delivers education through institutes, colleges, universities, and distance learning programs. Additionally, it provides corporate management training through classroom and other training modes. BITS Limited also engages in the trading, export, and import of software solutions.
Written By – Nikhil Naik
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