Shares of Genus Power Infrastructures locked in the 5% upper circuit on Tuesday after the company reported a sharp surge in earnings for the December quarter, driven by robust execution in its smart metering business and improved operating leverage.
Genus Power Infrastructures posted an exceptional year-on-year growth in consolidated performance. Revenue for the quarter jumped 85.75% to ₹1,122.36 crore, compared with ₹604.2 crore in the same period last year. The strong top-line expansion was supported by healthy order execution and higher contribution from smart meters.
Operating performance improved significantly during the quarter. EBITDA rose 128.52% year-on-year to ₹212.41 crore from ₹92.95 crore, while EBITDA margin expanded by 354 basis points to 18.92%, up from 15.38% a year ago. Margin expansion reflects better scale benefits, improved cost efficiencies and a favourable product mix.
Net profit more than doubled, rising 147.51% year-on-year to ₹140.24 crore versus ₹56.66 crore in the corresponding quarter of the previous year. The sharp jump in profitability highlights the company’s strong operational momentum and disciplined cost management.
Following the results, Genus Power shares witnessed strong buying interest and hit the upper circuit limit. The stock traded in the range of ₹275.00 to ₹280.85 during the session. The opening price was ₹277.80, compared with a previous close of ₹267.50. The stock remains well above its 52-week low of ₹210.40, although it is still below the 52-week high of ₹430.00.