shares tumbled as much as 9.36% intraday on Friday, 17 July 2026, after the company reported a sharp decline in Q1 earnings despite strong revenue growth. The tyre maker's consolidated net profit plunged 96.4% YoY to ₹4 crore, compared with ₹112 crore in the corresponding quarter last year. Meanwhile, revenue from operations jumped 22.4% YoY to ₹4,318 crore, up from ₹3,529 crore, reflecting robust topline expansion. However, profitability remained under pressure, with the company's exceptional loss widening to ₹7 crore versus ₹3 crore a year ago. The sharp earnings contraction overshadowed strong revenue growth, leading to negative sentiment in the stock during the trading session. 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.

#WatchOutFor#StockInNews

1,149 likes·54 comments