Home / Business and Economy / Parag Fans Profit Plummets 97% Amid Sales Slump
Parag Fans Profit Plummets 97% Amid Sales Slump
14 Aug
Summary
- Net profit fell 97.56% to Rs 0.02 crore in June 2026 quarter.
- Sales declined 55.15% to Rs 2.22 crore in the June 2026 quarter.
- Operational profit margin dropped significantly from 20.20% to 4.50%.
Parag Fans & Cooling Systems reported a severe financial contraction for the quarter ending June 2026. The company's net profit saw a staggering 97.56% decrease, settling at Rs 0.02 crore. This marks a significant drop from the Rs 0.82 crore profit recorded during the same quarter in the previous year.
Accompanying this profit decline, sales revenue also experienced a substantial reduction. Sales for the quarter ended June 2026 were Rs 2.22 crore, a 55.15% decrease compared to Rs 4.95 crore in the corresponding quarter of the prior year. The operational profit margin also suffered, falling from 20.20% to 4.50%.
Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
