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.
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