India, July 23 -- Thursday, SIA Engineering Company Limited (O3H.F) announced the first-quarter financial results for the fiscal year 2026/27.
Net profit for the quarter totaled $40.3 million compared to $42.9 million in the previous year.
On a per-share basis, earnings after tax stood at 3.59 cents compared to last year's 3.82 cents.
Operating profit increased to $13.2 million from $5.1 million in the earlier year.
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1568189509843-0'); });
Revenue for the period went down to $327.6 million from $358.4 million in the prior year, mainly due to lower revenue from materials, with a commensurate reduction in the cost of materials.
Looking ahead, the company stated that it remains...