ResultsMint
Page Industries shares plunge 13% as higher RM costs hit Q2 profitability
Negative-99Company event
GreyOak summary
Page Industries shares fell 13% to ₹31,850 after Q2 FY27 results showed modest profitability growth despite an 11.5% revenue rise to ₹1,439.6 crore. Elevated raw material costs increased total expenses by nearly 13%, compressing margins. The company expects festive demand to drive recovery.
What it affects
- Page IndustriesPAGEINDNegative -99
Shares plunged 13% on lower Q2 profitability.Rolling sentiment Negative -81
Source
Read the original at MintMore Page Industries news
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