Shares of Transrail Lighting fell more than 6% in early trade on Wednesday after the company reported a weak set of consolidated results for the fourth quarter of FY26.
At 9:46 AM, Transrail Lighting shares were trading sharply lower after investor sentiment turned negative following a decline in revenue, operating profit, and net profit during the March quarter.
The stock touched an intraday low of Rs 480.80, compared to the previous close of Rs 519.10. The stock opened at Rs 485 and hit an intraday high of Rs 494.35 during morning trade. Live trading volume stood at 10,48,940 shares.
On a consolidated year-on-year basis, the company’s revenue declined 4.3% to Rs 1,864 crore in Q4FY26, compared to Rs 1,946 crore in the corresponding quarter last year.
EBITDA fell 11.1% to Rs 210 crore versus Rs 236 crore in the year-ago period. EBITDA margin also contracted to 11.3% from 12.1%, indicating pressure on operational profitability.
Net profit declined 24.1% year-on-year to Rs 96.5 crore in the March quarter, compared to Rs 127 crore reported in the same period last year.
The sharp fall in profitability and margin compression weighed on investor sentiment, leading to selling pressure in the stock during early trade.
Transrail Lighting shares have witnessed significant volatility over the past one year. The stock has touched a 52-week high of Rs 855.80 and a 52-week low of Rs 450.05.