Jupiter Wagons Limited shares declined more than 3% in early trade on February 12 after the company reported a weak set of Q3 consolidated results for the December quarter.
As of 9:52 AM (IST), the stock was trading near the day’s low after opening at ₹299.00, compared to the previous close of ₹310.25. The stock touched an intraday low of ₹297.25 and a high of ₹303.90. Over the past 52 weeks, the counter has moved between a low of ₹247.15 and a high of ₹457.00.
Q3 Results: Revenue, EBITDA and Profit Decline
For the third quarter, Jupiter Wagons reported consolidated revenue of ₹890 crore, down 13.6% year-on-year from ₹1,030 crore.
EBITDA declined 22.0% to ₹116 crore compared to ₹149 crore in the same quarter last year. EBITDA margin also contracted by 140 bps to 13.0% from 14.4% on a YoY basis, indicating pressure on operating performance.
Net profit fell sharply by 35.3% to ₹63 crore versus ₹97.3 crore reported in the corresponding quarter last year.
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