India's Dilip Buildcon falls after quarterly profit halves

Dilip Buildcon

11/08/2026 06:41

** Shares of Dilip Buildcon DIBL.NS fall 4% to 425.25 rupees, on track for biggest intraday pct drop since May 15
** Engineering, procurement and construction co on Monday reported first-quarter profit down 51% y/y; rev from ops down 9.3% y/y
** DIBL on avg rated "buy" by 4 analysts; median PT is 549 rupees - LSEG-compiled data
** Stock down 10.8% YTD

(Reporting by Abhirami G in Bengaluru)
((abhirami.g@thomsonreuters.com))