Action Construction Equipment Ltd , engaged in manufacturing and marketing hydraulic mobile cranes, tower cranes, material handling, road construction, and agriculture equipment, reported a modest decline in profits for Q2FY26.
Financial Highlights:
- Revenues fell 1.72% year-on-year to ₹744 crore from ₹757 crore.
- Total expenses decreased 2.11% to ₹650 crore from ₹664 crore.
- Consolidated net profit declined 5.26% to ₹90 crore from ₹95 crore.
- Earnings per share dropped 5.03% to ₹7.56 from ₹7.96.
The profit decline was mainly due to the slight dip in revenue despite controlled expenses.
Outlook:
Action Construction Equipment Ltd is focused on expanding its product portfolio, improving operational efficiencies, and strengthening market penetration to support future growth.
Explore the company’s past earnings and latest concall transcripts, click here to visit the AlphaStreet India News Channel.
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