INDO-MIM shares hit 10% upper circuit as Q1 net profit rises 32% YoY
Indo-MIM shares surged after the newly listed precision components maker reported a 31.6% year-on-year rise in Q1FY27 consolidated net profit to Rs 240.12 crore. The stock also touched a fresh 52-week high during early trade.
Indo-MIM shares surged 10% to reach the upper circuit of Rs 951.30 on the BSE following the company's impressive Q1 net profit growth. The newly listed precision components manufacturer reported a 31.6% increase in consolidated net profit to Rs 240.12 crore for the quarter ended June 30, 2026, compared to Rs 182.41 crore in the same period last year. Revenue from operations also rose 9.4% to Rs 1,218.74 crore, up from Rs 1,114.10 crore in the prior year.
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