Q1 Hits Westlife, Sapphire Shares

Published 10 months ago

Westlife falls 3% and Sapphire 2% after weak Q1 results; analysts flag growth concerns and pressure on profitability.

Westlife’s Q1 profit plunged 62%; Sapphire reported ₹18 million net loss, missing street expectations.
Macquarie cautious on Sapphire’s growth, while Motilal sees no margin boost for Westlife despite "in-line" performance.
YTD, Westlife down ~5%, Sapphire up 2%; analysts maintain "hold" on WEST, "buy" on SAPI.

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