Strong Quarterly Performance Drives Investor Confidence
Lykis Ltd's recent quarterly results have been a significant catalyst behind the stock's upward trajectory. The company reported its highest-ever operating cash flow for the year at Rs 62.83 crores, alongside record net sales of Rs 89.58 crores for the quarter. Additionally, profit before tax excluding other income reached Rs 2.08 crores, marking a peak in operational profitability. These figures underscore a notable improvement in the company’s core business operations, which has evidently resonated well with market participants.
Despite the stock's modest year-to-date return of 4.03%, the company’s profits have surged by an impressive 74.9% over the past year. This strong earnings growth, combined with a low PEG...
Read More












