Steamhouse India shares jump 10% after strong profit and revenue results
Steamhouse India shares jumped 10% to 118.42 rupees, their highest level since their trading debut on September 17. The company reported an 80.25% increase in first-quarter net profit to 183.4 million rupees and revenue from operations of 1.29 billion rupees, up from 1.13 billion rupees a year ago. The company stated it maintained margins by passing on increased costs to customers.
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