Pix Transmissions shares surge over 12% after Q1 profit spikes 98% YoY

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Synopsis Pix Transmissions shares surged after the company reported a 97.8% YoY jump in Q1 FY27 PAT to Rs 4,829 crore. Revenue from operations rose 21.6% YoY to Rs 13,453 crore, while total comprehensive income increased 98% to Rs 4,817.52 crore. Shares of belt manufacturer Pix Transmissions rallied over 12% to Rs 1,924 on the BSE on Monday after the company reported a 97.8% year-on-year (YoY) jump in profit after tax (PAT) to Rs 4,829 crore for the June quarter of FY27, compared with Rs 2,441 crore in the year-ago period. The company announced its Q1 FY27 results after market…

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