Sunday, October 12, 2025

Here’s what triggered a sudden 7% drop in shares of this transformer manufacturer

Date:

Shares of Bharat Bijlee fell as much as 7% on Wednesday, July 23, in response to its quarterly results that were reported during market hours.The company’s revenue for the quarter increased by 24% on a year-on-year basis to ₹465 crore. However, on a sequential basis Bharat Bijlee’s topline fell by 25% from the March quarter.
Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) increased by 14.4% from the year-ago period to ₹33.7 crore. When compared to the March quarter, EBITDA declined by over 45%.
EBITDA margin for the quarter narrowed by 60 basis points to 7.3% from 7.9% year-on-year, while on a sequential basis, there was a nearly 300 basis points contraction in the margins.Net profit for the period stood at ₹28 crore, which is a 16.7% growth from last year, but a 44% decline from the March quarter.

Shares of Bharat Bijlee ended 6.5% lower on Wednesday at ₹3,060. The stock has declined 20% so far in 2025. Before today’s session, the stock had gained close to 20% in the last one month.

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

WeWork India IPO Allotment On October 8: Check Status, Listing Date And Other Details

The initial public offering (IPO) of WeWork India Management...

Foreign Investors Return To Indian Markets With Rs 1,751 Crore Inflows This week: NSDL Data | Economy News

New Delhi: After several weeks of persistent selling, foreign...

Stocks to Watch: Tata Motors, Titan, Lodha Developers and more

1 / 10SH Kelkar Fragrance and flavour maker reported...

Gold price registers best YTD rally since 1979. Will the rally continue as Trump hits China by 100% additional tariffs?

आज सोने का भाव: सोने की कीमत में लगातार...