Australia's XRF Scientific rises to two-month high on upbeat quarterly profit

XRF Scientific

15/04/2026 03:34

** Shares of laboratory instrument manufacturer XRF Scientific XRF.AX rise 4.1% to A$1.885, their highest level since February 19

** Company reports a 10.7% rise in March-quarter profit before tax to A$3.7 million ($2.64 million), and its revenue rises 13.8% to A$15.8 million

** Shares on track for best day in one week, if gains hold

** Stock down 8.5% YTD including current moves

($1 = 1.4037 Australian dollars)

 (Reporting by Jasmeen Ara Shaikh in Bengaluru)

 ((Jasmeenaraislam.Shaikh@thomsonreuters.com;))