India's Aeroflex Industries falls after Q4 profit drop

Aeroflex Industries

07/05/2024 07:30

** Shares of India's Aeroflex Industries  AERO.NS  down 4.7%
after falling as much as 5% earlier in the session 
    ** Co's consolidated profit drops about 20% as a surge in
costs overpower rev rise 
    ** Stock on track to decline for the third straight session 
    ** YTD stock has shed ~9%

 (Reporting by Hritam Mukherjee in Bengaluru)
 ((Hritam.Mukherjee@thomsonreuters.com;))