India's Spectrum Electrical Industries slips after quarterly profit falls sequentially

Spectrum Electrical Industries

14/08/2026 07:18

** Shares of India's Spectrum Electrical Industries SPET.NS fall 5% to 2,236.90 rupees
** Electrical, automobile and irrigation components manufacturer reports June-quarter consolidated profit of 130.5 million rupees ($1.37 million), down 37.3% sequentially from 208.3 million rupees 
** Consolidated revenue from operations falls 21.7% sequentially to 1.55 billion rupees from 1.98 billion rupees
** However, both consolidated profit and revenue from operations rise y-o-y
** Stock up 79.8% YTD


($1 = 95.4200 Indian rupees)

 (Reporting by Payel Das in Bengaluru)
 ((Payel.das@thomsonreuters.com))