Gujarat Narmada shares surge over 4% after strong Q4 results; Net profit jumps 88% YoY to Rs 396 crore

Aman Shukla — Tue, 19 May 2026 04:30:52 +0000

Shares of Gujarat Narmada Valley Fertilizers & Chemicals Limited surged more than 4% in early trade on Tuesday after the company reported a strong set of earnings for the fourth quarter of FY26. The rally came as investors reacted positively to sharp growth in profitability and a significant improvement in operating margins.

The stock touched an intraday high of Rs 547.50, compared to the previous close of Rs 519.10. As of 9:58 AM, heavy trading activity was seen in the counter with live volume crossing 30.46 lakh shares.

Gujarat Narmada Q4 FY26 Results

On a consolidated year-on-year basis, Gujarat Narmada reported revenue of Rs 2,208 crore for the March quarter, up 7.4% from Rs 2,055 crore in the corresponding quarter last year.

The company posted a sharp rise in operating performance, with EBITDA jumping to Rs 482 crore from Rs 240 crore in the year-ago period. EBITDA margin improved significantly to 21.8% from 11.7%, indicating better operational efficiency and improved profitability.

Net profit for the quarter surged 87.7% to Rs 396 crore, compared to Rs 211 crore reported in the same quarter last year.

Stock Performance

The stock (as of 9:58 AM) witnessed strong buying interest following the earnings announcement.

Today’s low: Rs 526.00
Today’s high: Rs 547.50
52-week low: Rs 365.00
52-week high: Rs 573.75
Opening price: Rs 532.90
Previous close: Rs 519.10
Live volume: 30,46,187 shares

Market Reaction

The robust jump in EBITDA and net profit, along with a sharp expansion in margins, boosted investor sentiment around the stock. Market participants also tracked the healthy operational performance despite moderate revenue growth, reflecting improved cost management and business efficiency.

Gujarat Narmada | Business Upturn

Gujarat Narmada shares surge over 4% after strong Q4 results; Net profit jumps 88% YoY to Rs 396 crore

Gujarat Narmada Q4 FY26 Results

Stock Performance

Market Reaction