RetailAfter close
Electronics Mart Q2 profit drops 30%, shares decline 6%
after close1 source ↓written by the desknot a recommendation
- in net profit
- 30.4% decline
- for Q2 FY2025
- ₹16 crore
- last year
- ₹23 crore
- Revenue increased
- 19%
- ₹1,591 crore
Electronics Mart India Ltd reported a 30.4% decline in net profit to ₹16 crore for Q2 FY2025, down from ₹23 crore last year. Revenue increased 19% to ₹1,591 crore, driven by festive demand and store expansion. However, margins narrowed to 5% from 6% due to rising costs and competition, leading to a 6% drop in shares.
Not investment advice. For informational purposes only.