Centum Electronics reports net loss of ₹2.75 crore year-on-year

Centum Electronics Ltd's shares dropped 16.3% to ₹1,723 on Thursday. In Q4FY24, they had a net loss of ₹6.89 crore, compared to a ₹25.7 crore profit in Q4FY23. Yearly, they had a net loss of ₹2.75 crore, versus a ₹6.69 crore profit in FY2022-23. Overall, shares gained 111% in a year and 17.5% in 6 months.