Ajax Engineering Profit Drops 44% to Rs 38 Cr
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Ajax Engineering reports a 44% drop in net profit to Rs 38 crore in Q3, impacted by lower revenues. Details on the concreting equipment manufacturer.
New Delhi, Feb 13 (PTI) Ajax Engineering has posted a 44 per cent year-on-year fall in net profit to Rs 38 crore in the December quarter, impacted by a drop in revenues.
It had reported a net profit of Rs 68 crore in the October-December period of the preceding 2024-25 financial year, the company said in a statement.
The company's revenue from operations also fell 21 per cent to Rs 434 crore in the third quarter from Rs 548 crore in the same period a year ago.
Ajax Engineering is a concreting equipment manufacturer.
It had reported a net profit of Rs 68 crore in the October-December period of the preceding 2024-25 financial year, the company said in a statement.
The company's revenue from operations also fell 21 per cent to Rs 434 crore in the third quarter from Rs 548 crore in the same period a year ago.
Ajax Engineering is a concreting equipment manufacturer.
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