India's S.P. Apparels slides on Q1 profit fall

S.P.Apparels

11/08/2023 09:54

** Shares of S.P. Apparels Ltd  SPAP.NS  fall as much as
4.1% to 443.3 rupees
    ** Apparel maker says June-qtr consolidated net
profit-after-tax fell 50% as expenses rose; revenue from ops up
0.8%
    ** Trading volume at ~30,300 shares, 0.8x the 30-day avg of
~35,700 shares as of 2:15 p.m. IST 
    ** Stock up 37.8% so far this year


 (Reporting by Biplob Kumar Das in Bengaluru)
 ((Biplobkumar.das@thomsonreuters.com))