Jyoti CNC Automation Reports Q2 Results as Stock Falls 3%
Shares fell 3% after the company reported second-quarter results; revenue grew 18.5% and EBITDA margin narrowed.
Shares of Jyoti CNC Automation Ltd. fell from the highs of the day on Tuesday, November 3, after the company reported its second quarter results.The company reported a mixed quarter, with its profit after tax and Earnings Before Interest, Tax, Depreciation, and Amortisation (EBITDA) margin declinin…