Shares of Anup Engineering Ltd. fell 7% on Friday, November 6, after the company reported weak results for the September quarter. Revenue fell 21.5% to ₹182.4 crore, while net profit dropped 79.4% to ₹6.6 crore. The company also showed a sharp contraction in margins as operating performance remained under pressure.
Shares of Anup Engineering Ltd. declined as much as 7% on Friday, November 6, after the company reported a weak set of results for the September quarter (Q2FY27), with a sharp decline in revenue and profitability.
The company reported a 21.5% year-on-year fall in revenue to ₹182.4 crore from ₹232.3 crore in the corresponding quarter last year.
Net profit declined 79.4% to ₹6.6 crore from ₹32 crore a year ago.
Operating performance also remained under pressure. Earnings before interest, taxes, depreciation and amortisation (EBITDA) fell 66.1% year-on-year to ₹17.4 crore from ₹51.4 crore.
The EBITDA margin contracted sharply to 9.5% from 22% in the year-ago period.