ESDS Software's post-results share decline
ESDS reported June-quarter net profit of ₹29.3 crore, up 14% year over year but down 57% sequentially, while revenue rose 7% year over year and fell 20% sequentially. Its shares hit the 5% lower circuit; separately, JSW Cement received a ₹230 crore GST demand notice.
Timeline
Monday, 28 September
- ESDS Software shares in 5% lower circuit for second straight day - Here's why the stock is falling
Choice Broking cut its FY27 revenue estimate for ESDS to ₹1,876 crore from ₹2,263 crore
Friday, 25 September
- ESDS hits 5% lower circuit as Q1 profit falls 57% sequentially
Q1 FY27 net profit fell 57% sequentially to ₹29.3 crore; revenue declined 20%
Thursday, 24 September
- ESDS Q1 net profit rises nearly 14% as revenue grows 7%
Net profit rose 14% year over year to ₹29.3 crore
- JSW Cement receives ₹230 crore GST demand notice over alleged incorrect classification
JSW Cement received a ₹230 crore GST demand notice over alleged incorrect classification
