India's JTL Industries drops after Q1 profit slump

JTL Industries

17/07/2025 08:22

** Shares of JTL Industries JTLI.NS falls 5.5% to 77.2 rupees, their biggest one-day pct loss since mid-April

** Iron and steel products maker's Q1 net profit plunges 46.8%, hurt by a spike in expenses; rev up 5.5%

** Stock down 19.6% YTD

 (Reporting by Aleef Jahan in Bengaluru)

 ((aleefjahan.cs@thomsonreuters.com))