1:2 Bonus Issue: Stock skyrockets 17% after announcing strong Q3 results and bonus share

Описание: 1:2 Bonus Issue: Stock skyrockets 17% after announcing strong Q3 results and bonus share1:2 Bonus Issue: Stock skyrockets 17% after announcing strong Q3 results and bonus shareSynopsis: B2B Software Technologies Ltd shares rose 17% after Q3 results, with revenue up 53% YoY to ₹8.28 Cr and net profit up 91% YoY to ₹1.24 Cr. Along with it, the company also approved a 1:2 bonus issue, subject to shareholder approval.The shares of the Penny stock company specializing in implementing, upgrading, and supporting Microsoft Dynamics 365 ERP and CRM solutions are in focus following the 1:2 Bonus Issue and Strong Q3 Results.With a market capitalisation of Rs. 41.74 Crores on Sunday, the shares of B2B Software Technologies Ltd jumped up to 17.1 percent, reaching a high of Rs. 40.00 compared to its previous close of Rs. 34.15.B2B Software Technologies Ltd, engaged in implementing, upgrading, and supporting Microsoft Dynamics 365 ERP and CRM solutions, is in the spotlight today as it has announced its Q3 results as follows:Its Revenue from operations rose by 53 percent YoY from Rs. 5.40 Crores in Q3FY25 to Rs. 8.28 Crores in Q3FY26, and it rose by 8 percent QoQ from Rs. 7.66 Crores in Q2FY26 to Rs. 8.28 Crores in Q3FY26.

Its Net Profit YoY rose by 91 percent from Rs. 0.65 Crores in Q3FY25 to Rs. 1.24 Crores in Q3FY26, and on a QoQ basis, it rose by 97 percent from Rs. 0.63 Crores in Q2FY26 to Rs. 1.24 Crores in Q3FY26. The earnings per share (EPS) for the quarterly period stood at Rs. 1.07, compared to Rs. 0.56 in the previous year’s quarter.