# NHC Foods shares hit upper circuit on 920% profit jump

2026-08-12T19:54:30+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 1 independent outlet

Penny stock NHC Foods rose 5% to Rs 1.30 on Wednesday after reporting a blockbuster Q1 FY27. Revenue surged 234.54% year-on-year to Rs 369.69 crore, while net profit jumped 919.81% to Rs 16.99 crore. EBITDA grew 512.43% to Rs 21.29 crore. Basic EPS rose to Rs 0.26 from Rs 0.03 a year ago. The company strengthened its capital base by allotting over 104 crore fully paid-up equity shares to Global Focus Fund on partial conversion of 11 FCCBs worth USD 11 lakh. It also signed a letter of intent to invest in Agriconnect Solutions, an agri-commodities trader, to diversify operations.

## Coverage

- livemint.com <https://www.livemint.com/market/stock-market-news/penny-stock-under-rs-5-hits-upper-circuit-after-q1-results-2026-11786540874838.html>

Tags: agri commodities, FCCB conversion, NHC Foods, penny stock, Q1 results, stock market
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