Augmont Enterprises Q1 Results: Revenue Rises 30% to Rs18,946 Crore; PAT Falls 15%
India, Sept. 22 -- The gold market remained robust in the first quarter of FY27, driven by strong demand from both the bullion trading and the digital gold segments as well as jewellery and gold-backed financial products. In this context, the company posted an increase in sales but experienced pressure on profitability due to geopolitical incidents impacting international sales and the high costs of the business due to increased domestic sales of scrap-gold.
The share price of Augmont Enterprises Limited has fallen by 3.27 % to Rs. 856.00, compared with the previous close of Rs. 887.20. The stock opened at Rs. 830.00 and traded between Rs. 872.00 and Rs.825.20 during the session. The company has a market capitalization of Rs. 7,810.15 c...
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