The Friday trading session was subdued for the Indian equity benchmark indices, with both the Nifty and Sensex closing the day in modest losses. However, stock-specific activity continued on the bourses, driven by the outcomes of Q4 results.

One penny stock that grabbed the spotlight on Dalal Street was IFL Enterprises Ltd.

Incorporated in 2009, IFL Enterprises operates in the agri-commodity sector, including the import and export of agricultural produce such as fruits, vegetables, seeds, organic and herbal products. The company is also involved in trading agri-commodity products through contract farming and warehousing. Additionally, it engages in trading financial instruments like shares, stocks, and bonds.

The company recently reported its results for the quarter and financial year ended March 31, 2025. On Friday, the stock hit an upper circuit, and for the month of May, it surged by 41.43 per cent.

IFL Enterprises witnessed a strong rally on Friday, May 30, 2025, supported by its robust financial performance. The company posted a consolidated net profit of Rs 3.04 crore in Q4 FY25, a significant turnaround from a loss of Rs 67.87 lakh in the same quarter of the previous financial year. Revenue from operations for Q4 FY25 increased multifold to Rs 72.13 crore, compared to Rs 1.98 crore in Q4 FY24.

For the financial year ending March 2025, the company achieved revenue from operations of Rs 120.60 crore—over 13 times the Rs 8.24 crore recorded in FY 2023-24. Net profit also rose sharply to Rs 2.99 crore in FY25 from Rs 84.5 lakh in FY24, reflecting a 254 per cent year-on-year growth.

The rise in IFL Enterprises’ share price was accompanied by robust trading volumes. Total volume for the day stood at 4.719 crore shares, marking the highest single-day volume since July 24, 2024. With this price surge, the stock has approached its five-month high.

In June 2024, the company successfully raised Rs 49.53 crore through a rights issue aimed at funding expansion plans, including working capital requirements and general corporate purposes. The rights issue was subscribed 1.21 times.

In August 2024, the board approved a bonus issue in the ratio of 1:150, granting one equity share as a bonus for every 150 shares held by existing shareholders. To further broaden its business scope, the company also passed resolutions in 2024 to increase its authorized share capital and amend its main objects. These changes are intended to support entry into new business areas such as the import, export, and trading of agricultural produce—including fruits, vegetables, seeds, organic products, herbal products, and agri-commodities.

Apart from expanding its agri-commodities business, the company plans to allocate remaining funds to its stock trading operations. These funds will be used to diversify the portfolio, implement advanced trading tools and technologies, and capitalize on emerging market opportunities. The focus will remain on optimizing trading strategies, enhancing risk management, and delivering superior returns on investments.

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