Augmont Enterprises Shares Slip 3% As Q1 Profit Falls 15%
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Augmont Enterprises shares fell over 3% after Q1FY27 net profit declined 15.3% to ₹58 crore despite a 30.2% rise in revenue. The company attributed the profit decline partly to weaker international sales.
Augmont Enterprises shares fell more than 3% on Tuesday after the newly listed precious metals company reported a 15.3% year-on-year decline in net profit for the June quarter.
The stock touched an intraday low of ₹825.20 on the National Stock Exchange (NSE), down nearly 7% from the previous close. It pared some of its losses later in the morning.
At 11:18 am, the Augmont Enterprises share price stood at ₹860.70, down 2.99%.
International Sales Hit Q1 Profit
Augmont Enterprises reported a net profit of ₹58 crore for the first quarter of FY27, compared with ₹68 crore in the same quarter last year. Revenue from operations, however, increased 30.2% to ₹18,946 crore from ₹14,552 crore a year earlier.
Augmont said the profit fall was mainly due to the unusually high share of international sales in the first quarter of FY26. The company said export volumes were also affected by geopolitical disruptions in the Middle East during the quarter.
International sales improved from the previous quarter, with Augmont reporting a sequential recovery from Q4FY26. The company said the export channel was gradually returning to normal despite continued uncertainty.
Augmont Enterprises IPO And Listing
Augmont Enterprises made its stock market debut in August after receiving strong demand for its IPO. The ₹825-crore issue received 105.78 times subscription between 21 August and 25 August.
The shares listed at ₹961 on the NSE, representing a 21.95% premium over the upper end of the issue price. On the Bombay Stock Exchange (BSE), the stock debuted at ₹956, a 21.32% premium. Augmont Enterprises had a market capitalisation of ₹8,735.31 crore after its listing.
The latest fall comes after the stock's strong debut, with investors now focusing on the company's quarterly profit and the recovery in its international business.
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Vishwa has spent 10+ years across fintech and FMCG doing what most people miss, connecting the dots, catching trends before they trend, and finding the angle nobody else thought to ask about.
At Kotak Neo, she drives content strategy for neoshorts, Kotak News Desk, and Investing Guide, turning market noise into something worth reading.
When she's not decoding markets, she trades charts for canvases, chasing art, painting, and architecture across cities she's yet to explore.
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