ManufacturingAfter close
Apcotex Industries Q2 profit drops 48% despite revenue growth
after close1 source ↓written by the desknot a recommendation
- from the previous
- 48% decline
- Revenue grew
- 37.8% year-on-year
- fell sharply
- 5.0%
- in Q1 FY17
- 10.08%
Apcotex Industries reported a net profit of ₹356 cr for Q2 FY17, a 48% decline from the previous quarter. Revenue grew 37.8% year-on-year, but operating margins fell sharply to 5.0%, down from 10.08% in Q1 FY17. This margin contraction raises concerns about operational efficiency and competitive pressures in the industrial products sector.
Not investment advice. For informational purposes only.