A penny stock surged as much as 10 per cent to hit its upper circuit on the BSE on Monday, August 18, after the company reported its Q1FY26 results. Sadbhav Engineering share price opened at its 10 per cent upper circuit of ₹13.13 on Monday, August 18, after the civil construction firm said it earned a profit of ₹31.2 crore for Q1FY26 against a loss of ₹30.74 crore in the same quarter last year.
Sadbhav Engineering Q1 results
After market hours on August 14, Sadbhav Engineering said it earned a consolidated profit of ₹31.2 crore for Q1FY26 against incurring a loss of ₹30.74 crore in the same quarter of the previous financial year.
The company’s revenue from operations for the quarter under review, however, declined 26.25 per cent year-on-year to ₹222 crore. In the same quarter last year, it stood at ₹301 crore.
(This is a developing story. Please check back for fresh updates.)
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