Urban Company shares dropped nearly 9% after the company reported a significant surge in its March quarter net loss to Rs 161 crore, despite a strong 43% year-on-year revenue growth to Rs 426 crore. Net transacting value also saw a 42% increase, reaching its highest in 15 quarters.
Dabur India shares fall 4% even as Q1 earnings meet estimates. What’s spooking investors?
Dabur India shares dropped over 4% on Thursday after reporting Q1 earnings. The company announced a 15% rise in net profit and 11% revenue growth.