Stationery products maker DOMS Industries shares rose 12.34% to hit a high of ₹2,570 on the BSE. On the National Stock Exchange, DOMS Industries shares rose 12.29% to hit a high of ₹2,569 on Friday due to heavier than usual trading after the announcement of its June quarter results.
DOMS Industries reported a net profit of ₹59 crore in the first quarter of the current financial year (Q1FY26), up 9% from ₹54 crore in the corresponding period last year.
Its revenue from operations rose 26% year-on-year to ₹562 crore in the April-June period from ₹445 crore in the same period a year ago.
Doms Industries has recorded stable operating performance as its operating profit grew by 14% to ₹99 crore and its operating profit margin declined to 17.6% from 19.4% in the same period last year.
“FY26 has started on a positive note. The healthy annual revenue growth of over 26% achieved this quarter is a testimony to the effectiveness of our timely capacity expansion, strategic initiatives and growing trust in our brand. This growth lays a strong foundation for achieving our targeted annual growth rate of 18-20% in the near future,” said Santosh Raveshia, Managing Director, Doms Industries.
“Carrying forward this momentum, we are accelerating our growth initiatives. The successful completion of the acquisition of Super Trades Pvt Ltd has strengthened our presence in the eastern India market and significantly increased our paper stationery manufacturing capacity. We believe this acquisition will bring us closer to our customers in eastern India, enabling us to serve their needs more effectively, gain a larger market share and capitalise on the growing demand for paper stationery products,” Raveshia added.
Meanwhile, shares of DOMS Industries traded higher than usual on the stock exchanges. Turnover on the National Stock Exchange jumped 42 times to 25.86 lakh shares, as against an average turnover of 61,730 shares.
On the BSE, turnover increased 45 times. The average daily turnover was 3,039 shares, as against a total of 1.37 lakh shares traded in the past two weeks.
As of 1:23 pm, shares of DOMS Industries were trading 10.24% higher at ₹ 2,521.90, outperforming the BSE500 index, which was up 0.55%.
