New Delhi, Jan. 29 -- Small-cap stock eMudhra, engaged in IT services, tumbled over 18% in intra-day trade on Wednesday, January 29 as the company took a hit to its margins even as the revenue and profit growth remained strong in Q3.

eMudhra, which posted its quarterly earnings post market hours on Tuesday, saw an 11.9% year-on-year (YoY) increase in Q3 profit after tax to Rs.224 crore from Rs.200.1 crore in the year-ago quarter. The revenue grew 41.6% YoY to Rs.1,408.9 crore from Rs.99.5 crore. Operating performance was also strong with earnings before interest, tax, depreciation and amortization (EBITDA) rising 19.4% YoY to Rs.319.4 crore.

However, the company witnessed a sharp cut in EBITDA and PAT margins during the quarter. While E...