Decorous Investment’s shares dip 5% on Q1 results

Arushi Mishra Updated - August 11, 2023 at 11:49 AM.

The company reported a 0.83 per cent increase in profits for the quarter at ₹36.64 lakh

Image for representation | Photo Credit: Getty Images/iStockphoto

Decorous Investment and Trading Ltd.’s shares were down by 5 per cent after the company reported a 0.83 per cent increase in profits for the quarter ending June 30, 2023, at ₹36.64 lakh compared to ₹36.34 lakh during the corresponding quarter last year. 

The company’s revenues were up by 4.5 per cent to ₹79.01 lakh compared to ₹75.61 lakh last year. Sequentially, the company’s profits were higher by 219 per cent compared to ₹11.46 lakh in the previous quarter.

The shares were down by 5 per cent to ₹16 at 10.30 am on BSE.

Published on August 11, 2023 05:30

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