PG Electroplast shares surged more than 4% in trade after the company reported a robust set of consolidated financial results for the third quarter.
The rally in the stock came as investors reacted positively to the sharp improvement in topline and bottomline performance on a year-on-year basis, despite a marginal contraction in operating margins.
For Q3 FY26, PG Electroplast reported consolidated revenue of ₹1,412.13 crore, marking a strong year-on-year growth of 45.92% compared with ₹967.69 crore in the corresponding quarter last year.
EBITDA for the quarter stood at ₹116.88 crore, up 37.23% year-on-year from ₹85.17 crore. While operating profit growth remained healthy, EBITDA margin moderated slightly to 8.27% compared with 8.8% in Q3 FY25, reflecting higher raw material costs and operating expenses associated with rapid scale-up. The margin decline of 52 basis points, however, did little to dampen overall investor sentiment given the strong earnings growth trajectory.
Net profit for the quarter rose sharply by 56.68% to ₹61.96 crore from ₹39.54 crore a year ago.
