Electronics Mart India climbs on Q1 profit growth

Electronics Mart India

09/08/2024 10:14

** Shares of Electronics Mart India  ELEO.NS  rise as much
as 4.1% after Q1 results
    ** Consumer electronics maker reports Q1 net profit of 724.9
mln rupees ($8.6 mln), up 20.3% Y/Y
    ** Rev up 17.3% to 19.75 bln rupees
    ** Stock on track to gain for third straight day, and to end
week up 5.8%
    ** More than 2 mln shares traded as of 2:34 p.m. IST, 3.8x
their 30-day moving avg
    ** Stock up 11.3% YTD


($1 = 83.9160 Indian rupees)

 (Reporting by Meenakshi Maidas in Bengaluru)
 ((meenakshi.maidas@thomsonreuters.com;))