STOVEC Q2 : STANDALONE NET PROFIT DOWN 11.3% AT ₹1.06 CR (YOY), DOWN 56.7% (QOQ). WEAK (ON 1ST LOOK)

• Revenue up 11.9% at ₹45.77 Cr (YOY), down 13.3% (QOQ). • EBITDA at ₹2.66 Cr; margins 5.8% v 7.3% (YOY), 8.6% (QOQ). • PBT down 17.4% at ₹1.33 Cr (YOY), down 59.1% (QOQ).

Stovec Industries Ltd

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