Craftsman Automation Q1 net profit decreased 28.58% to ₹53.19 crore due to higher raw material, other expenses, and employee costs, while sales increased 10.

Craftsman Automation reported a 28.58% decrease in Q1 net profit to ₹53.19 crore, while sales increased by 10.94% to ₹1,151.19 crore. The decline in profit is attributed to higher raw material costs, other expenses, and employee expenses. Despite the drop in profit, the company's market cap is ₹12,675.07 crore, and it has a consensus rating of "Strong Buy" from 4 out of 6 analysts covering the company.