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Schneider Electric Infrastructure Shares Slide After Q1 Profit Drops 70% YoY

Schneider Electric logoSchneider Electric
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Schneider Electric Infrastructure shares plunged Monday after Q1FY27 net profit slid 70% year over year to Rs 12 crore, even as revenue rose about 5% to Rs 651.4 crore. EBIT fell to Rs 32.1 crore from Rs 66.7 crore. The company also reported record quarterly order intake of Rs 915 crore, supporting an expanding order backlog.

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