India's Concord Enviro Systems jumps on Q3 profit rise

Concord Enviro Systems

20/01/2025 07:27

** Shares of Concord Enviro Systems  COND.NS  rise 7.1% to
729 rupees
    ** Co, which provides water and wastewater treatment
solutions, on Friday posted a ~40% Y/Y rise in Q3 consolidated
net profit to 173 mln rupees ($2 mln)
    ** Rev from ops up 66% at 1.62 bln rupees aided by strong
demand for chemical and biological water treatment solutions
    ** More than 1.5 mln shares change hands, 1.2x its 30-day
avg
    ** COND is down ~12% since listing on Dec. 27



($1 = 86.5240 Indian rupees)

 (Reporting by Ashna Teresa Britto in Bengaluru)
 ((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))