Shares of Garuda Construction and Engineering Ltd continued their upward momentum on Monday, rising over 5.6% to ₹178.14, adding to the 12.4% gain on Friday, and taking the total two-day rally to about 18%. The stock has hit its 52-week high of ₹180 today amid heavy trading volumes, following the announcement of robust Q1 FY26 financial results.
On July 19, the company reported a more than three-fold increase in net profit and revenue for the quarter ended June 30, 2025, driven by higher project execution, better realizations, and improved operational efficiencies.
For Q1 FY26, Garuda posted a consolidated net profit of ₹27.99 crore, compared to ₹8.65 crore in Q1 FY25, marking a YoY growth of around 223%. Revenue from operations jumped over 257% year-on-year to ₹125.16 crore, up from ₹35.12 crore in the same quarter last year. Total income stood at ₹126.68 crore versus ₹35.13 crore a year ago.
The company’s EBITDA surged 211% to ₹36.4 crore, with EBITDA margins improving significantly due to operating leverage benefits and cost control measures. Profit before tax also rose to ₹37.41 crore, up from ₹11.55 crore last year.
Key financials (₹ crore unless specified):
| Particulars | Q1 FY26 | Q1 FY25 | YoY Change |
|---|---|---|---|
| Revenue from operations | 125.16 | 35.12 | ~+257% |
| Total income | 126.68 | 35.13 | ~+261% |
| EBITDA | 36.4 | 11.7 | +211% |
| Net profit | 27.99 | 8.65 | ~+223% |
Expenses rose to ₹89.27 crore from ₹23.57 crore, in line with the increased scale of operations. The company credited the strong results to higher project execution and better efficiencies across ongoing projects.
With today’s gain, Garuda’s stock is now up nearly 18% in just two trading sessions, reflecting investor optimism over its strong growth trajectory and operational performance.
