Shares of Goodluck India fell nearly 7% on Tuesday despite the company reporting strong growth in profitability for the March quarter, as investors appeared to focus on weak revenue growth and possible profit booking after the stock’s recent rally.
The stock declined over 6% to around Rs 1,322 during Tuesday’s session even though the company posted healthy year-on-year growth in EBITDA, profit before tax and net profit.
Goodluck India reported Q4FY26 revenue of Rs 1,088.46 crore compared to Rs 1,104.62 crore in the corresponding quarter last year, reflecting a marginal 1.46% year-on-year decline. However, revenue rose 4.95% sequentially.
The company’s EBITDA increased 33.57% YoY to Rs 113.11 crore from Rs 84.68 crore, while EBITDA margin improved sharply to 10.39% from 7.67% in Q4FY25.
Profit before tax (PBT) rose 34.36% YoY to Rs 76.71 crore, while net profit climbed 33.9% to Rs 56.10 crore against Rs 41.90 crore reported a year ago.
Profit after minority interest also rose 30.07% year-on-year to Rs 54.55 crore.
Despite the strong margin expansion and earnings growth, the muted top-line performance may have weighed on investor sentiment. Market participants also appeared to book profits after the stock’s strong run toward its 52-week high levels.
The stock touched an intraday low near Rs 1,306 and was among the top losers on the NSE during the session.
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