MIC Electronics is a global leader in the design, development & manufacturing of LED Video Displays, high-end electronic and telecommunication equipment and development of telecom software.
The company reported standalone net profit of Rs 49.59 crore in Q4 FY24, steeply higher than Rs 2.43 crore in Q4 FY23. Revenue from operations surged to Rs 22.96 crore in Q4 FY24 as compared with Rs 2.96 crore posted in Q4 FY23.
The scrip hit 52-week high at Rs 74.66 in intraday today.