Q1 revenue falls 41% and profit drops 73% after share listing
MEIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 8.6 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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The board approved standalone unaudited results for the quarter ended June 30, 2025. Revenue was Rs 89.66 crore, down 41.4% from Rs 153.03 crore a year earlier. Profit after tax fell 73.2% to Rs 3.73 crore, and earnings per share declined to Rs 1.82 from Rs 6.80. The limited review raised no material concerns. The shares listed on August 28 following an IPO that raised Rs 7.13 crore.
The sharp fall in revenue and profit may weigh on investor sentiment after the company's recent stock listing.