AutomobilesPre-market
Omax Autos reports 97.9% profit drop in Q2 FY26
pre-market1 source ↓written by the desknot a recommendation
- QoQ
- 97.88%
- sharply
- 5.88%
- 8.39%
- Revenue fell
- ₹882.8 cr
- sequentially
- 11.40%
Omax Autos reported a net profit of ₹0.33 cr, plummeting 97.88% QoQ, as operating margins contracted sharply to 5.88% from 8.39%. Revenue fell to ₹882.8 cr, down 11.40% sequentially, despite a 12.34% year-on-year increase.
This significant decline raises concerns about operational challenges, potentially impacting market sentiment.
Not investment advice. For informational purposes only.