Gujarat Toolroom shares hit 5% lower circuit as Q3 profit sharply declines by 90% YoY
- Posted on February 20, 2025
- By Business News Today
- 5 Views
Gujarat Toolroom shares hit 5% lower circuit as Q3 profit sharply declines by 90% YoY
Gujarat Toolroom's shares dropped 5% to Rs 2.34 on the BSE after reporting a sharp 90% YoY decline in Q3FY25 net profit to Rs 1.43 crore, compared to Rs 14.32 crore in the previous year. Despite this, revenue surged by 76% YoY to Rs 230.74 crore. The company also approved a 5:1 bonus share issuance.
