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Elecon engineering saw its share price drop significantly during intraday trading after the company reported a thirty three percent decline in its net profit for the third quarter ending december twenty twenty five the multibagger stock fell by more than fifteen percent to reach a level of around four hundred fifteen rupees as investors reacted to the disappointing financial numbers despite the drop in net profit the company reported a modest growth of over four percent in its revenue from operations which stood at five hundred fifty one crore rupees the primary reason for the decline in profit was cited as a squeeze in operating margins which fell from nearly twenty seven percent in the previous year to under twenty percent during the current period management pointed towards delays in the execution of orders and an unfavorable mix of products as key factors affecting the bottom line performance however the company still maintains a robust order book worth over thirteen hundred crore rupees providing some hope for recovery in the coming quarters market experts are closely watching how the firm manages its margin pressures while fulfilling its existing contract obligations in the next fiscal cycle the sharp selloff reflects high volatility in midcap stocks when financial expectations are not met during earnings season
Read More: Elecon Engineering Shares Plunge Over Fifteen Percent Following Quarterly Profit Decline
