884.9500 -21.30 (-2.35%)
NSE May 29, 2026 15:31 PM
Volume: 438.3K
 

884.95
-2.35%
ICICI Direct
Q3FY26 Performance: ACE reported a muted Q3FY26 on a YoY basis, with consolidated revenue declining 2.4% YoY to 854.6 crore, driven by a 4.0% YoY contraction in the core Cranes, Material Handling & Construction Equipment segment (765.2 crore). This was partly offset by a strong 14.1% YoY growth in the Agriculture Equipment segment (92.7 crore). Despite lower revenues, profitability improved, with EBITDA margin largely stable at 15.2% (vs ~15.4% in Q3FY25 down by 23 bps YoY) and PAT rising 4.2% YoY to 116.4 crore. Net profit margin expanded to 13.6% from ~12.8% YoY, reflecting better cost control and operating efficiency....
ACE has lost -29.13% in the last 1 Year
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