Fiem Industries posted a weak set of numbers in Q1 FY21 due to the pandemic-triggered disruption in business activities. Revenues suffered a significant decline on a year-on-year (YoY) basis, while operating profit turned negative. Fiem Industries posted a weak set of numbers in Q1 FY21 due to the pandemic-triggered disruption in business activities. Revenues suffered a significant decline on a year-on-year (YoY) basis, while operating profit turned negative.