Apex Frozen Foods shares surge 20% on strong Q1 profit growth

Shares of $APEX zen Foods hit the 20% upper circuit on Friday after the company posted a sharp rise in quarterly earnings. Net profit for the quarter ended June 2026 climbed to Rs 22 crore, up 144% from Rs 9 crore in the year-ago period. Revenue from operations stayed nearly flat at Rs 257 crore against Rs 258 crore a year earlier. However, sequential growth was robust, with sales rising 53% from Rs 168 crore in the March 2026 ***** stock touched an intra-day high of Rs 441.20 on the NSE before settling higher with strong gains. Investors responded positively to the improved profitability despite stable top-line performance year-on-year. The results highlight better operational efficiency at the shrimp exporter.