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Mukul Agrawal-backed PTC Industries shares slip 4% despite 466% surge in Q1 profit and 180% EBITDA growth

PTC Industries shares fell 4% despite a strong Q1 FY27 performance, with profit surging 466% and EBITDA rising 180%. Revenue grew 83% year-on-year to ₹197.1 crore, supported by aerospace and defence programmes. Investors Mukul Agrawal and Vikas Khemani held 1.07% and 2.57% stakes, respectively, as of June 2026.

PTC Industries shares experienced a 4% drop, opening at Rs 19,828 on Tuesday, despite the company reporting a remarkable 466% increase in Q1 profit and a 180% growth in EBITDA for the quarter ending in June 2026. The company's earnings showed significant growth, with a total income of Rs 197.1 crore, marking an 83% year-on-year increase from Rs 107.7 crore in the same quarter last year.

The EBITDA stood at Rs 54.2 crore, more than doubling from Rs 18.8 crore in the previous year. Mukul Agrawal-backed PTC Industries reported a profit after tax of Rs 29.1 crore, a 466% growth from Rs 5.1 crore in the same period last year.

Written by urgent.news from The Economic Times - Top News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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