Park Medi World Shares Surge 8% Ahead of Q1FY27 Results

Park Medi World is a company that sells medical products.

On July 31, 2023, its shares on the Bombay Stock Exchange jumped more than 8% because investors were excited about the company’s upcoming earnings report.

The company will hold a board meeting on August 3 to approve its financial results for the quarter that ended June 30, 2026.

In the previous quarter, the company made record revenue of ₹460.40 crore and a record profit of ₹76.8 crore.

For the whole year, revenue was ₹1,679.4 crore and profit was ₹273.6 crore.

Since it was listed on the stock exchange in December 2022, the share price has risen 86% from its issue price.

The jump in price shows that investors expect the company to keep doing well.