Shares of Garuda Construction and Engineering Limited surged nearly 8% to ₹162 on Friday, after the company reported strong financial results for the quarter ended June 30, 2025 (Q1 FY26).

The stock rose to ₹162 on the NSE, up 7.92% from the previous close, as investors cheered the robust earnings performance.

For the June quarter, Garuda Construction posted a net profit of ₹27.99 crore, more than tripling from ₹8.65 crore reported in Q1 FY25. Revenue from operations soared over three-fold year-on-year to ₹125.16 crore compared to ₹35.12 crore in the same quarter last year. Total income stood at ₹126.68 crore, against ₹35.13 crore in Q1 FY25.

The company’s EBITDA came in at ₹36.4 crore, up sharply from ₹11.7 crore in the year-ago period, reflecting improved operating leverage and better execution across projects.

Key Q1 FY26 metrics:

Metric Q1 FY26 Q1 FY25 YoY Change
Revenue from operations ₹125.16 crore ₹35.12 crore ~+257%
Total income ₹126.68 crore ₹35.13 crore ~+261%
EBITDA ₹36.4 crore ₹11.7 crore +211%
Profit before tax (PBT) ₹37.41 crore ₹11.55 crore ~+224%
Net profit ₹27.99 crore ₹8.65 crore ~+223%

The company said its strong performance was driven by increased project execution, operational efficiencies, and higher realisations. Expenses also rose in line with activity but were offset by higher revenues and cost control measures.

Market participants welcomed the results, evident from the positive stock price action. At the time of writing, Garuda Construction shares were trading at ₹162, reflecting the market’s confidence in its growth trajectory after the stellar Q1 numbers.