India's Concord Enviro Systems slips after quarterly loss
12/08/2026 07:16
BUZZ-India's Concord Enviro Systems slips after quarterly loss ** Shares of India's Concord Enviro Systems COND.NS fall as much as 7.7% to 254.05 rupees, their lowest level since June 12, 2026; stock last down 5.1%
** Water and wastewater treatment solutions provider reports June-quarter consolidated net loss of 175.7 million rupees ($1.84 million), compared to consolidated net profit of 41.2 million rupees a year earlier
** Co says Q1 FY27 performance was temporarily impacted by supply-chain disruptions in the Middle East, which affected operations and certain customer projects
** Consolidated revenue from operations declines 16.3% Y/Y in the quarter
** Stock down 41.9% YTD
($1 = 95.4300 Indian rupees)
(Reporting by Payel Das in Bengaluru)
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India's Concord Enviro Systems slips after quarterly loss
Brief: Concord Enviro Systems June-Quarter Consol Net Loss 175.7 Million Rupees