Steamhouse India shines on quarterly profit, revenue rise
06/10/2026 06:53
BUZZ-Steamhouse India shines on quarterly profit, revenue rise ** Shares of newly-listed industrial gas utility company Steamhouse India STEO.NS jump 10% to 118.42 rupees, the highest since trading debut on September 17
** Stock records biggest pct jump so far
** Co reports 80.25% jump in Q1 net profit to 183.4 million rupees ($1.9 million), revenue from operations of 1.29 billion rupees vs 1.13 billion rupees year ago
** Co says it was able to maintain margins despite ongoing geopolitical uncertainties and increase in coal prices by passing on changes to customers
** Shares up 25.3% since debut
($1 = 96.3950 Indian rupees)
(Reporting by Saikeerthi in Bengaluru)
((Saikeerthi@thomsonreuters.com; (+91) 8296756080))
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