Elecon Engineering Q1 Results: Stock down 5% after profit falls, margin narrows
Shares of Elecon Engineering Company Ltd. declined more than 5% in trade on Friday, July 10, after the company reported a sharp drop in first-quarter earnings. For the quarter ended June 2026 (Q1FY27), the company reported a net profit of ₹70 crore, down 60% from ₹175 crore in the corresponding period last year. However, the…
