Multibagger stock: This EV company posts over 574% YoY growth in PAT – Details

Mumbai, May 23 — In a significant financial update, BSE Smallcap company Mercury EV-Tech has posted a massive 574% year-on-year (YoY) growth in its profit after tax (PAT) for the fourth quarter of FY2024-25. This electric vehicle (EV) firm, which has consistently attracted attention for its stellar stock performance, reported a net profit of ₹1.55 crore in Q4, up from ₹0.23 crore in the same quarter last year.

📈 Q4 FY25 Financial Highlights

• Net Profit (PAT): ₹1.55 crore

• YoY Growth in PAT: 574%

• Revenue from Operations: ₹30.68 crore (up from ₹5.57 crore in Q4 FY24)

• YoY Growth in Revenue: 450%

📊 Full-Year FY25 Performance

The company has also shown robust growth for the entire financial year:

• Annual Net Profit: ₹7.91 crore (vs ₹1.99 crore in FY24)

• YoY Growth in Net Profit: 297%

• Annual Revenue: ₹89.64 crore (vs ₹22.02 crore in FY24)

• YoY Growth in Revenue: 307%

💹 Stock Performance Snapshot

Despite the strong earnings, Mercury EV-Tech’s stock opened slightly lower at ₹62.80, compared to its previous close of ₹63.15 on the BSE. However, it quickly rebounded, touching an intraday high of ₹64.98.

• 52-week High: ₹1,139.20

• 52-week Low: ₹51.24

• Current Market Cap: ₹1,213.36 crore

🚀 Stock Returns:

• 3-Year Return: 6767%

• 2-Year Return: 223%

• 1-Year Return: 12%

• YTD (2025): 32%

📉 Market Context

The broader market also witnessed strong momentum on Friday. Sensex and Nifty rebounded sharply driven by gains in major blue-chip stocks.

• Sensex: Up 953.18 points to 81,905.17

• Nifty: Up 299.35 points to 24,909.05

Key Gainers:

ITC, Eternal, Power Grid, Tech Mahindra, Infosys, and HCL Tech