India's Azad Engineering jumps on quarterly profit surge

Azad Engineering

05/08/2025 05:35

** Azad Engineering AZAD.NS jumps 7% to 1,605 rupees; marks biggest intraday pct gain since April 15

** Aerospace and defense parts maker posts 73.5% y/y surge in June-quarter consol net profit; rev from ops rises 39.3% y/y

** Investec Bank says results 9%–11% above its and consensus estimate, primarily led by higher-than-expected revenues

** Adds co logged revenue growth of 35% or higher for three consecutive quarters

** More than 611,041 shares traded, 3.9x the 30-day avg

** YTD, AZAD falls 6.7%

 (Reporting by Rudra Pratap Singh in Bengaluru)

 ((rudrapratap.singh@thomsonreuters.com))