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News 2026-09-22 04:48 UTC

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.