Advanced Enzyme Technologies shares dropped over 8% in morning trading following disappointing Q2 FY25 results.

The company reported a 7.4% year-over-year revenue drop to ₹146.1 crore, down from ₹157.8 crore in Q2 FY24. Quarter-over-quarter, revenue also declined by 5.5% from ₹154.5 crore in Q1 FY25.

Net profit for Q2 FY25 was ₹33.4 crore, a 5.1% decrease from ₹35.2 crore in the same period last year, and a 4.5% dip from ₹34.9 crore in Q1 FY25.

As of 9:20 am, Advanced Enzyme shares were trading 8.45% lower at Rs 445.00 on the NSE.

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