Shares of Balaji Amines dropped 5.53% to ₹1,598.00 on Monday, August 4, after the company posted muted Q1FY26 results. The stock had closed at ₹1,691.50 on Friday and traded in the range of ₹1,593.30 to ₹1,649.00 in today’s session, bringing the company’s market cap down to ₹5,152 crore.
The company reported a marginal 1.78% YoY decline in standalone net profit to ₹39.80 crore for the June quarter. Net revenue also slipped 4.04% to ₹319.38 crore from ₹332.84 crore in the same period last year. Operating profit stood at ₹56.47 crore, down 4.08% YoY, while margins remained nearly flat.
While operating expenses fell 4.03% and other income jumped 39%, these improvements were not enough to drive growth in the bottom line. Interest and tax outgo also declined YoY, but the overall earnings failed to excite investors, triggering the stock’s decline.
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