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DOMS Industries shares fall 4% after Q1 profit drops 23%

India

What to know

  • Management attributed the margin compression to significant volatility in raw material costs, driven by the West Asia conflict and broader global uncertaintiesS1
  • As of 10 a.m. IST, the scrip pared some of the losses to trade 4.08% lower at Rs 2,198.50.S2
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3mos Thehindubusinessline

DOMS Industries shares fall 4% after Q1 profit drops 23%

Management attributed the margin compression to significant volatility in raw material costs, driven by the West Asia conflict and broader global uncertainties

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Doms Industries Share Price Falls 5% As Q1 Revenue Declines, Net Profit Drops

As of 10 a.m. IST, the scrip pared some of the losses to trade 4.08% lower at Rs 2,198.50.

DOMS Industries shares fall 4% after Q1 profit drops 23%

2 outlets 2 reports

What to know

  • Management attributed the margin compression to significant volatility in raw material costs, driven by the West Asia conflict and broader global uncertaintiesS1
  • As of 10 a.m. IST, the scrip pared some of the losses to trade 4.08% lower at Rs 2,198.50.S2
Timeline · newest first

Sources · 2 citations