Shakti Pumps (India) Ltd witnessed a sharp decline of over 7% in its stock price after the company announced its financial results for the July–September quarter (Q2FY26). Despite modest revenue growth, the company reported a decline in profitability, which weighed on investor sentiment. As of 9:20 AM, the shares were trading 7.58% lower at Rs 737.55.
In its Q2 earnings report, Shakti Pumps posted a 5% year-on-year (YoY) rise in revenue to ₹666 crore, compared to ₹635 crore in the same quarter last year. However, EBITDA slipped 8.6% to ₹136 crore from ₹149 crore a year ago, as rising input costs and higher expenses impacted margins.
The EBITDA margin contracted to 20.4%, down from 23.4% in the previous year. Meanwhile, the company’s net profit fell 10.6% YoY to ₹90.7 crore, against ₹101 crore in Q2FY25.
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