Augmont Enterprises shares fall after profit drop
Shares of India's Augmont Enterprises fell about 2% to 867.45 rupees as its June-quarter consolidated net profit dropped 15.3% year-on-year. Revenue and expenses each jumped about 30% y/y. This marks the company's first reported earnings since its listing on August 31. The stock is down nearly 10% since its debut.
3% year-on-year drop in June-quarter consolidated net profit. Revenue and expenses both rose about 30% year on year, and this was the company's first reported earnings since its listing on August 31. The stock is down nearly 10% since its debut. 7700 Indian rupees)