Top 5 large-cap stocks delivering impressive quarter after quarter sales growth

Quarter-after-quarter sales growth is a crucial indicator of a company's financial performance. It signifies the company's ability to expand market share and consistently outperform its peers and dominate market share. Therefore, by identifying companies that have consistently outperformed their peers in terms of revenue expansion, investors can potentially gain valuable insights.

Top large-cap stocks which have accelerated sales for the preceding 3 quarters.

Havells India Ltd - The electric consumer manufacturer experienced domestic growth in switchgear, healthy growth in power cables, strong volume growth in lighting, and robust performance by fans & small domestic appliances. This was supported by favourable season and premiumization with new launches, emerging categories in the ‘others’ segment and in terms of AC as Lloyd captured market opportunity leveraging its large manufacturing capacity. All these resulted in growth in sales of over 32% to ₹5,804 crore in Q1FY25 from ₹4,414 crore in Q3FY24.

Zomato Ltd - The food delivery aggregator sales grew by 28%. This was aided by rapid growth in the quick commerce segment led by Blinkit, an increase in order volume and average order value, increasing penetration of the food delivery market, and a growing subscriber base through Zomato Gold, which provided recurring revenue.

Adani Green Energy Ltd - The green energy stock witnessed an increase in sales of over 23%, supported by a diversified green energy portfolio that includes solar, wind, and hydrogen. The power supply revenues increased by over 24% in Q1FY25. Currently, Adani Green has close to 10 Purchasing Power Agreements (PPA) with government and private entities, ensuring a stable revenue stream, and the government's push for renewable energy has helped to create demand for sustainable energy. Further capacity addition of 2.6 Gigawatt in the last one year has added to sales growth.

Solar Industries India Ltd - The explosive manufacturer saw an uptick in sales by over 19%, supported by a rapid expansion of the construction and infrastructure sector in India has led to a surge in demand for explosives. Government emphasis on defence modernisation has increased the order for explosives used in defence applications. The company’s current defence order book stands at ₹2500 crore.

Top 5 stocks (m-cap above ₹50,000 crores) with growth in sales of 15% and above in 3 preceding quarters.

(Source - Screener.in)

Conclusion

QoQ sales growth is a significant factor affecting stock price. However, it's essential to analyse this metric in consideration along with other crucial financial parameters and consider the broader market context to make informed investment decisions.