Greenlam Industries shares surged nearly 12% in early trade on Monday after the company reported a strong set of Q4 FY26 earnings, led by sharp improvement in profitability and margin expansion.
The stock rose as much as 11.45% to ₹264.40 on the NSE after the company posted consolidated revenue of ₹858 crore for the March quarter, up 25.8% year-on-year from ₹682 crore in the corresponding quarter last year.
Net profit jumped sharply to ₹39 crore in Q4 FY26 compared to just ₹2 crore reported a year ago, reflecting strong operational performance and improved efficiencies.
EBITDA for the quarter stood at ₹108 crore, registering a growth of 69.2% YoY from ₹64 crore in Q4 FY25. EBITDA margin improved significantly by 320 basis points to 12.6% against 9.4% in the year-ago period.
The sharp improvement in margins and profitability appears to have boosted investor sentiment, with the stock witnessing strong buying interest in early trade. Greenlam Industries also traded close to its 52-week high of ₹279.40 during the session.
At 9:32 AM, Greenlam Industries shares were trading at ₹264.40, up 11.45% on the NSE.
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The article is for informational purposes only and should not be considered as investment advice.