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CAPACITE — Capacite Infraprojects News Story

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India's Capacite Infraprojects drops after quarterly profit fall

BUZZ-India's Capacite Infraprojects drops after quarterly profit fall

** Shares of India's Capacite Infraprojects CAPE.NS drop 4.24% to 215.47 rupees

** Stock on track for biggest intraday pct drop since Feb 1, if losses hold

** Co reports 13.6% y/y drop in consolidated net profit to 394.4 million rupees ($4.14 million)

** However, co's revenue from operations rise 6.7% y/y to 6.29 billion rupees while total expenses jump 9.4% year-on-year

** YTD stock down 41.52%



($1 = 95.2700 Indian rupees)


(Reporting by Surbhi Misra in Bengaluru)

((Surbhi.Misra@thomsonreuters.com | X: https://twitter.com/SurbhiMisra_ |;))

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