Dollar Industries’ shares declined over 4% in morning trade following the release of its fourth-quarter financial results. As of 9:35 AM, the shares were trading 4.59% higher at Rs 388.35.
The company reported a year-on-year decline in net profit to ₹29.9 crore, compared to ₹33.6 crore in the corresponding period last year.
While revenue rose by 9.8% to ₹549 crore from ₹500 crore, operating performance remained subdued. EBITDA registered a marginal decline to ₹56.9 crore from ₹57.3 crore a year earlier. The EBITDA margin contracted to 10.4% from 11.5% in the same period last year.
Dollar Industries shares opened at ₹409.90, matching the day’s high, before dipping to a low of ₹385.50. The stock remains well below its 52-week high of ₹659.95, but above its 52-week low of ₹352.00.
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