Multibagger sugar stock crashes 8% to 4-month low as Q1 net profit plunges 93% YoY

Triveni Engineering & Industries shares fell 8% to ₹339 after a 93.2% YoY profit drop to ₹2.1 crore in Q1FY26, impacted by high sugar production costs. Despite a 17% revenue rise, segment profit plummeted 80% due to lower recovery rates.

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