Interarch shares slip 4% as Q1 results show flat profit despite revenue jump
The stock opened at ₹1,812 but dropped to a low of ₹1,699 as sellers dominated, with sell orders at 57.22% compared to 42.78% for buys
Interarch Building Solutions Limited's shares experienced a 4.08% decline on Monday, trading at ₹1,700.50. Investors reacted negatively to the company's Q1 FY27 results, which showed flat profit despite a 20.7% revenue increase. The stock opened at ₹1,812 before selling pressure drove it down to its day's low of ₹1,699, with 57.22% of orders being sell orders.
The broader market downturn added to the pressure. Interarch's stock has lost 26.17% year-to-date, falling short of its 52-week high of ₹2,762.60. While revenue growth and EBITDA improved, profit after tax remained flat, falling 0.5%. The company reported a robust order book of ₹1,864 crore as of July 31, 2026, and commissioned Phase 1 of a new manufacturing facility, adding 20,000 MT of capacity. The joint venture with ER Steel Inc. aims to supply products to North American markets.
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