Voltamp Transformers Shares Recover After Falling 10% Following Q2 Results
Shares pared most of their losses after Voltamp Transformers reported September-quarter net profit up 7.8% year on year to ₹85 crore, from ₹78.85 crore. Revenue from operations rose 41.8% year on year; the supplied report says margins contracted.
Shares of Voltamp Transformers fell as much as 10% before paring most of the losses after the company reported a 7.8% year-on-year (YoY) increase in net profit to ₹85 crore for the September quarter from ₹78.85 crore in the corresponding quarter last year.Revenue from operations rose 41.8% YoY to ₹…