Dwindling Corporate Orders to Blame For Q3 Performance: Archies

Raghav Moolchandani, head, Business Development, Archies Ltd blamed dwindling orders from corporates during the third quarter for the poor performance during the quarter. Archies reported disappointing third quarter results on Friday as its net profit fell 32. 87 per cent to Rs 1.45 crore, compared to the same period last year.

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