Singer India downgraded to hold amid growth concerns
after close1 source ↓written by the desknot a recommendation
- YoY
- 24.4% increase
- in operating profit
- 15% annualized decline
Singer India reported net sales of ₹16,101 cr in Q3 FY2526, with operating profit up 62.6% and PAT at ₹606 cr, a 24.4% increase YoY. Despite strong quarterly results, long-term growth appears uncertain with a 15% annualized decline in operating profit over five years. Traders should monitor ongoing performance closely.
Not investment advice. For informational purposes only.