Belrise Industries shares drop 8% even with solid Q1 performance
Shares of Belrise Industries saw a 7.3 percent decline in Monday's trading session. This came despite the company reporting a 12.6 percent year-on-year rise in revenue and an 8.9 percent increase in net profit for Q1 FY27. However, investor worries regarding profitability grew as the EBITDA margin slipped from 12.4 percent to 11.5 percent, and net profit saw a 6.15 percent quarter-on-quarter decrease.
by shortkt.com✓