India's Epack Durable on course for worst day in over 5 months after profit drop

Epack Durable

21/07/2025 10:36

** Shares of Epack Durable Ltd EPAC.NS slide 7.1% to 354.20 rupees, look set for worst day since February 3

** Air conditioner (AC) designer and manufacturer reported 2.2% decline in first-quarter profit on Saturday, as unseasonal rains in the summer hurt demand for ACs

** Quarterly revenue fell 14.4%, led by a 34% revenue drop in EPAC's room AC segment

** Stock extends YTD losses to ~36%

 (Reporting by Nandan Mandayam in Bengaluru)

 ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))