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Shakti Pumps shares plunge 7% as Q4 profit sinks 65% despite revenue growth

Business
Published on 8 May 2026
Shakti Pumps shares plunge 7% as Q4 profit sinks 65% despite revenue growth

Costs surged so hard profit collapsed—yet dividend

Shakti Pumps reported strong revenue growth, but costs climbed faster, dragging Q4 profit down 65% year on year. Earnings per share fell sharply, and the stock is also down over the past year. Even as the board proposed a dividend, institutional investors trimmed holdings, signaling lingering caution from the market.

  • Q4 profit fell 65% YoY even as revenue rose
  • Rising costs pressured earnings and EPS
  • Board proposed a dividend despite the slump
  • Institutions cut holdings as the stock stayed weak
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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