India's Dilip Buildcon slips after quarterly profit drop

Dilip Buildcon

15/05/2026 06:37

** Shares of India's Dilip Buildcon DIBL.NS fall as much as ~5.4% to 447 rupees; last down 3%

** Construction firm's quarterly profit falls ~63.7% y/y to 620.5 million rupees ($6.47 million), hurt by elevated input costs, lower asset utilization

** Revenue from operations declines 25.7% y/y

** Profit margin contracts to 5.39% from 8.95% a year earlier

** DIBL rated "hold" on average by four analysts, median PT: 529.50 rupees - LSEG data

** YTD, stock down ~4.1%

($1 = 95.9238 Indian rupees)

 (Reporting by Bipasha Dey in Bengaluru)

 ((Bipasha.Dey@thomsonreuters.com;))