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Q4 Results 18th May : Apollo Micro & Zydus Wellness Q4 profit up, Strides Pharma profit down q-o-q, GNFC Q4 PAT up 88%, Afcons Infra slips into the red, GE Vernova net nearly doubles


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4 Results Today, 18th May 2026 Updates: Find all the latest Q4 results 2026 updates of 63 Moons Technologies, Afcons Infrastructure, AJAX Engineering, Amir Chand Jagdish Kumar (Exports), Antariksh Industries, Apollo Micro Systems, Aryaman Capital Markets, Associated Alcohols & Breweries, ASI Industries, Astral, Atlantaa, BEML Land Assets, BLS E-Services, Bodhtree Consulting, Bombay Talkies, Bharat Parenterals, Burnpur Cement, Cantabil Retail India, Chemkart India and Zydus Wellness.

Stay tuned for more from businessline

  • May 18, 2026 21:48

    (This live blog is now closed)

  • May 18, 2026 21:39

    GE Vernova T&D India profit nearly doubles to ₹352 cr in Q4

    GE Vernova T&D India’s net profit nearly doubled to ₹351.77 crore in the March quarter driven by higher revenues. Net profit was at ₹186.49 crore in the year-ago period, as per a regulatory filing.

    GE Vernova T&D India profit nearly doubles to ₹352 cr in Q4

    GE Vernova T&D India reports Q4 net profit nearly doubles to ₹352 crore, driven by significant revenue growth.

  • May 18, 2026 21:17

    Afcons Infrastructure Q4 net loss at ₹88 crore

    Afcons Infrastructure Ltd on Monday reported a consolidated net loss of ₹88.40 for the quarter ended March 31, 2026.

    However, the company had posted a consolidated net profit of ₹110.92 crore in the year-ago period, Afcons Infrastructure Ltd said in a stock exchange filing.

    Afcons Infrastructure Q4 net loss at ₹88 crore

    Afcons Infrastructure reports ₹88 crore net loss in Q4, with revenue declining to ₹2,613.84 crore compared to last year.

  • May 18, 2026 18:46

    GNFC Q4 PAT jumps 88% to ₹396 crore on lower input costs, better realisations

    State-run Gujarat Narmada Valley Fertilizers & Chemicals Ltd (GNFC) reported an 88 per cent year-on-year jump in consolidated profit after tax (PAT) to ₹396 crore for the quarter ended March 2026

    GNFC Q4 PAT jumps 88% to ₹396 crore on lower input costs, better realisations

    GNFC’s Q4 PAT soars 88% to ₹396 crore, driven by lower input costs and improved product realisations.

  • May 18, 2026 18:05

    IndusInd Nippon Life Insurance FY26 profit up 15% at ₹248 crore

    IndusInd Nippon Life Insurance on Monday reported 15.12 per cent rise in profit after tax at ₹248 crore for the financial year 2025-26, on the back of high growth in new business premium.

    IndusInd Nippon Life Insurance FY26 profit up 15% at ₹248 crore

    IndusInd Nippon Life Insurance reports 15% profit rise to ₹248 crore in FY26, driven by strong new business premium growth.

  • May 18, 2026 16:35

    Strides Pharma Q4 profit jumps 51% at ₹129 cr

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    New Delhi, May 18 Strides Pharma Science Ltd on Monday reported a 51 per cent rise in consolidated net profit at ₹129.28 crore for the fourth quarter ended March 31, 2026, driven by good growth in its main markets, excluding the US.

    Strides Pharma Q4 profit jumps 51% at ₹129 cr

    Strides Pharma reports a 51% Q4 profit increase to ₹129 crore, driven by growth in key markets excluding the US.

  • May 18, 2026 16:01
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    IOC Q4 results live: Shares down 2% ahead of Q4 results today

    IOC shares closed at Rs 131.81 on the NSE, down 2% compared to the preivous close of Rs 134.48. Company to announce Q4 results post-market hours today.

  • May 18, 2026 15:42
    Stock market
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    Stock market live, Q4 results live: Market ends marginally flat

    Sensex was up 77.05 pts or 0.10% to close at 75,315.04 after hitting an intraday low of 74,180.26, and Nifty 50 inched up 6.45 pts or 0.03% to 23,649.95 .

  • May 18, 2026 15:38
    Quarterly results
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    Apollo Micro Systems Q4 results live: Profit rises

    Apollo Micro Systems posted standalone net profit for the quarter ended March 2026 at Rs 37.44 crore compared to Rs 14.31 crore in the same quarter last year.

    Board recommended final dividend of Rs 0.25 per share.

  • May 18, 2026 15:36
    Quarterly results
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    Electrosteel Castings Q4 results live:

    Electrosteel Castings posted consolidated net profit for the quarter ended March 2026 at Rs 15.98 crore compared to Rs 21.87 crore loss in December 2025 quarter.

    Board recommended final dividend of Rs 0.90 per share.

  • May 18, 2026 15:04
    Quarterly results
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    Rishabh Instruments Q4 results live: Key highlights

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  • May 18, 2026 14:57
    Quarterly results
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    Tera Software Q4 results live: Shares hit upper circuit.

    Tera Software shares traded 5% higher at the upper circuit of Rs 302.70.

    Company posted net profit for the quarter ended March 2026 at Rs 6.87 crore compared to Rs 2.99 crore in the same quarter last year.

  • May 18, 2026 14:48
    Quarterly results
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    Jain Resource Recycling Q4 results live:

    Jain Resource Recycling reported standalone net profit for the quarter ended March 2026 at Rs 62 crore compared to Rs 126.8 crore in December 2025 quarter.

    Board approved proposal to set up new plant for Plastic Recycling Facility with an estimated capex of Rs. 15 crores and expected to be operational by Q3 FY27. 

    Shares dragged over 10% to Rs 508.85 on the NSE

  • May 18, 2026 14:43
    Quarterly results
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    Manba Finance Q4 results live: Dividend and fresh issue

    Board recommended final dividend of Rs 0.25 per share.

    Board approved fresh issue of NCDs aggregating to Rs 200 crore.

  • May 18, 2026 14:32
    Quarterly results
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    STAR Q4 results live: Q4 profit in focus

    Strides Pharma Science (STAR) reported consolidated net profit for the quarter ended March 2026 at Rs 129.28 crore compared to Rs 208.12 crore in December 2025 quarter and 85.61 crore in March 2025 quarter.

    Board recommended final dividend of Rs 5 per share.

    Shares flat on the NSE at Rs 1,156.50.

  • May 18, 2026 14:29
    Quarterly results
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    Cantabil Retail India Q4 results live: Q4 profit down q-o-q

    Cantabil Retail India reported profit after tax for the quarter ended March 2026 at Rs 29.23 crore compared to Rs 45.09 crore in the December 2025 quarter.

    Shares traded at Rs 229.64 on the NSE, up 1.64%.

  • May 18, 2026 14:05

    Zydus Q4 results live:

    Zydus Wellness FY26 profit halves to ₹197 cr despite 46% revenue growth

    Consumer wellness major Zydus Wellness Limited — that owns brands like Sugar Free and Glucon-D — reported a sharp decline in profitability in FY26, with consolidated net profit falling 47 percent year-on-year to ₹197 crore, even as revenue grew strongly on the back of portfolio expansion and acquisitions.

  • May 18, 2026 13:37
    Stock down
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    KEC International Q4 results live: Shares tank

    KEC International stock hit 52-week low on the NSE at Rs 493.15 from the previous close of Rs 548.55.

    Company posted consolidated net profit for the quarter ended March 2026 at Rs 192.79 crore compared to Rs 268.19 crore in the same quarter last year.

    Board recommended dividend of Rs 5.50 per share.

  • May 18, 2026 13:33
    Quarterly results
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    Zydus Wellness Q4 results live: Consumption trend

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  • May 18, 2026 13:27
    Quarterly results
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    Zydus Wellness Q4 results live: Highlights

    Zydus Wellness reported a 62.1 per cent y-o-y rise in consolidated net sales to ₹14,761 million in Q4FY26, compared to ₹9,106 million in the year-ago period, driven by strong performance across key brands and contributions from newly acquired businesses. Annual net sales for FY26 rose 46.4 per cent to ₹39,400 million.

    EBITDA for the year increased 34.2 per cent y-o-y to ₹5,097 million, while PAT stood at ₹1,972 million.

    Sugar Free retained leadership in the sugar substitute category with a 96.1 per cent market share, while Sugar Free Green posted its 20th consecutive quarter of double-digit growth. RiteBite Max Protein continued strong momentum in protein snacking and improved margins significantly following its acquisition last year.

    Glucon-D maintained leadership with a 58.9 per cent market share and entered the performance hydration segment with the launch of Glucon-D Recharge. Everyuth reported strong double-digit growth, supported by innovation and distribution expansion, while Nycil retained leadership in prickly heat powder with a 33.2 per cent market share.

    Nutralite delivered double-digit growth, and Complan maintained its fourth rank in the category. Comfort Click expanded its portfolio with 11 launches and strengthened its UAE presence through e-commerce platforms.

  • May 18, 2026 13:23
    Quarterly results
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    VRL Logistics Q4 results live:

    VRL Logistics posted net profit for the quarter ended March 2026 at Rs 72.14 crore compared to Rs 74.27 crore in the same quarter last year.

    In FY26, the PAT stood at Rs 236.83 crore compared to Rs 182.92 crore in the year-ago period.

    Shares were down 4% to Rs 238.25 on the NSE.

  • May 18, 2026 13:19
    Stock down
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    Delhivery Q4 results live: Shares slide, Q4 profit flat

    Delhivery shares slide 6% after Q4 results despite strong revenue growth

    Delhivery shares drop 6% post-Q4 results despite strong revenue growth, prompting mixed reactions from analysts.

    READ MORE

  • May 18, 2026 13:00
    Quarterly results
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    Zydus Wellness Q4 results live: Q4 profit up

    Zydus Wellness posted standalone net profit for the quarter ended March 2026 at Rs 13.3 crore compared to Rs 3.7 crore in the same quarter last year.

    Board recommended final dividend of Rs 1.20 per share.

    Shares traded at Rs 494.80 on the NSE, down over 1%

  • May 18, 2026 12:39
    Stock down
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    Tourism Finance Q4 results live: Shares in focus

    Tourism Finance shares declined over 4% to Rs 72.36 on the NSE. Company reported a 6 per cent year-on-year growth in net profit at Rs 32.02 crore in the quarter ended March 2026.

  • May 18, 2026 12:28
    Quarterly results
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    DRC Systems India Q4 results live:

    DRC Systems India posted standalone net profit for the quarter ended March 2026 at Rs 68.2 lakh compared to Rs 152.1 lakh in the same quarter last year.

    Board approved to make investment in Skizzle Technolabs India Private Limited (“Skizzle”). Post investment, Skizzle would become an Associate Company. 

    Shares traded at Rs 15.32 on the NSE.

  • May 18, 2026 12:18
    Quarterly results
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    Ola Q4 results live: 

    Ola Electric Mobility Q4 results to be held on May 18, 2026 has been re-scheduled. Further, the Company has informed the Exchange that the meeting of the Board of Directors of the Company will be held on May 20, 2026, To consider and approve the financial results for the period ended March 31, 2026

  • May 18, 2026 12:15
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    Arvind Q4 results live: Shares in focus

    Arvind shares surged 5% on the NSE to Rs 472.40.

    It reported a 6.4 per cent increase in its consolidated net profit to Rs 164.56 crore for the March quarter of FY2025-26.

  • May 18, 2026 12:06
    Stock market
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    Stock market live, Q4 results live today: Sensex, Nifty 50 off day’s low

    Around 12 noon, Sensex traded 496.32 pts or 0.66% lower at 74,741.67, and Nifty 50 was down 161.65 pts or 0.68% to 23,481.85.

  • May 18, 2026 11:42
    Quarterly results
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    NHPC Q4 results live: Shares in focus

    NHPC shares flat on the NSE at Rs 76.66. It reported over 68 per cent jump in consolidated net profit at Rs 1,549.42 crore for March quarter 2025-26

  • May 18, 2026 11:30
    Stock down
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    Balrampur Chini Mills Q4 results live: Shares in red

    Balrampur Chini Mills stock declined by 1% to Rs 532.60, hitting a low of Rs 525.10 from the previous close of Rs 539.60.

    It posted a 30 per cent decline in its consolidated net profit to Rs 159.56 crore for the quarter ended March on higher expenses.

  • May 18, 2026 11:27
    Quarterly results
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    Monarch Networth Q4 results live:

    Monarch Networth Capital Reports Strong FY26 Performance with 21.4% PAT Growth, Unveils ₹3,000 Crore AUM Expansion Plan

    Monarch Networth Capital Limited reported strong FY26 audited results, with Profit After Tax rising 21.4% year-on-year to ₹181.2 crore despite challenging market conditions. The company achieved a Return on Equity of 20.5%, total revenue of ₹373 crore, and net worth of ₹972 crore. Building on its growth trajectory, Monarch’s Board approved an aggressive FY27 roadmap focused on scaling its asset management business. Key initiatives include targeting ₹3,000 crore AUM by March 2027, launching an open-ended AIF, introducing a pre-IPO/private equity fund, and rolling out its first mutual fund scheme by September 2026.

  • May 18, 2026 11:25
    Stock down
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    SAIL Q4 results live: Shares in focus

    SAIL shares volatile after Q4 earnings, brokerages divided on steel cycle outlook

    Shares of Steel Authority of India (SAIL) witnessed a volatile trading session on Monday after the company reported a sharp rise in March quarter earnings, while brokerages remained divided on the sustainability of steel spreads and volume growth outlook.

    Here’s what brokerages say | READ MORE

  • May 18, 2026 10:51
    Quarterly results
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    Premier Energies Q4 results live: Brokerages view

    UBS on Premier Eng

    Buy, TP Rs 1340

    • Q4 – Margin beat led by favourable mix; strategically well-positioned
    • a) Order book stands at 9.4GW (up 77% YoY; flat QoQ), with a healthy mix of modules and cells. In absolute terms, this translates to Rs140bn, (Rs25bn orders in Q4FY26, up 8% YoY).
    • b) Cell production ramp-up has been strong, with Q4 output at 722MW (vs. 590MW in Q3), supporting margin resilience, enabling Premier to outperform peers despite sector-wide margin pressures.
    • c) For FY26, total cell production was 2.26GW (vs. 1.6GW YoY), with 84% effective capacity utilization.
    • d) Premier remains on track on capacity expansion, targeting 4.8GW cell capacity by June 2026 & an additional 2.2GW by Sep-26.
    • e) On backward integration, execution remains on track, with 5GW ingot-wafer capacity by Dec-27 & remaining 5GW by Dec-28.
    • Management commentary & outlook Management remains positive on demand with strong visibility (Rs140bn order book) & expects sustained momentum in FY27, led by policy tailwinds

    Kotak Inst Eqt on Premier Eng

    • Sell, TP raised to Rs 900 from Rs790
    • Delivered weaker-than-expected revenue at Rs22.3 bn (+38% yoy), 10.9% below KIE estimate, with steady EBITDA margin despite commodity cost pressures
    • Co achieved module capacity target of 11.1 GW on time & remains on track for cell capacity of 10.6 GW by 1HFY27
    • While Transcon transformer acquisition is complete and expansion on track, KSolare inverter acquisition did not materialize and BESS commissioning has been delayed, which was a negative.
    • Factoring in adjustment in module & cell volumes driven by on-track commissioning, partly offset by delay in BESS, increase FY2027/28E EPS by 3.5%/2%

  • May 18, 2026 10:51
    Quarterly results
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    Delhivery Q4 results live: Brokerages view

    UBS on Delhivery

    • Buy, TP Raised to Rs 630
    • Strong Q4 with revenue of Rs28.5bn (+30% YoY), ahead of expectations
    • This was driven by robust growth across core transport segments (express and PTL),
    • Alongside, there was a profitability beat led by continued margin expansion.
    • Operational performance reflects strong volume momentum and effective integration of Ecom Express, while profitability was supported by sustained efficiency gains and improved segment-level execution.
    • Key notable is sequential growth in express volumes despite Q3 being a strong quarter seasonally.

    GS on Delhivery

    • Neutral, TP Rs 480
    • 4QFY26 revenues of Rs28.5bn (+6% vs GSe) at 30% yoy growth.
    • Express parcels volume surged 73% yoy to 306mn (>1bn in FY26), but revenues were up only 46% implying lower realization.
    • PTL volumes grew by 20% yoy with stable realization.
    • Across other businesses segments, growth was weak.
    • Adjusted EBITDA came in at Rs1,512mn, below GSe of Rs1,974mn.
    • While service EBITDA was higher, the increase in corporate overheads in the quarter was higher than GSe.
    • This quarter had Rs220mn of integration costs which we had not built-in.
    • It turned free cashflow positive much earlier than guidance of FY27 end with net working capital cycle at 11 days.

    CITI on Delhivery

    • Buy, TP Rs 565
    • Express Parcel volumes at 306mn (+4% QoQ; +9% vs Citi) show continuing gains from 3PL consolidation + increased outsourcing at leading horizontal e-commerce platform
    • Post acquisition of Ecom Express, Delhivery’s ecommerce volumes in FY26 are up 40% YoY, while PTL revenues are up 19% YoY and transportation business Adj EBITDA margins have expanded c300bps to 6%+ (Guidance: 10%+ in FY29E).
    • Looking ahead, expect rangebound capex (<5% of rev) & working capital requirements to result in improvement in network utilization & free cash flows – expect Adj EBITDA/FCF margins at 8%/2.5% in FY28E vs 4.4%/<1% in FY26 on revenue growth at 19% CAGR.

    Jefferies on Premier Eng

    • Buy, TP Rs 1135
    • Reported Ebitda/PAT 5%/21% ahead of JEFe.
    • Silver price hedging has supported margin.
    • Order book was flat q/q with strong visibility of revenue/Ebitda over FY27-1HFY28.
    • Working capital expanded weighing on OCF. Power demand recovery in FY27 should aid renewable
    • Project 33% FY26-28E Cagr, Valuation is 1 SD below mean.

  • May 18, 2026 10:47
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    Afcons Infra Q4 results live: Shares tank ahead of results

    Afcons Infrastructure said it has been selected as the most suitable bidder for a railway rehabilitation and construction project in Croatia, while two road project tenders in the country have been cancelled as the company’s bid exceeded the client’s available financial resources.

    Shares traded 7% lower at Rs 313.15 on the NSE at 10.46 am, hitting a low of Rs 309.10.

    Company to announce Q4 results today.

  • May 18, 2026 10:44
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    Uno Minda Q4 results live: Shares gain

    Uno Minda shares traded 2.5% positive at Rs 1,149.90, hitting a high of Rs 1,161.50 compared to the previous close of Rs 1,121.80.

    Its profit after tax (PAT) grew 22 per cent year-on-year to Rs 326 crore in the January-March quarter.

    Uno Minda on Saturday said it will set up a greenfield manufacturing facility for electric four-wheeler powertrain at Chhatrapati Sambhajinagar (erstwhile Auranagabad) in Maharashtra at an investment of Rs 550 crore.

  • May 18, 2026 10:27
    Stock down
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    Tata Steel Q4 results live: Shares fall

    Tata Steel shares down 5% despite strong Q4 earnings, brokerages divided on outlook

    Tata Steel shares drop 5% despite strong Q4 earnings, with mixed brokerage views amid regulatory concerns and project delays.

    Brokerages’ outlook mixed | READ MORE

  • May 18, 2026 10:25
    Stock down
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    Latent View Analytics Q4 results live: SHARES DOWN  

    Latent View Analytics traded at Rs 296.85 on the NSE at 10.23 am, lower by 3%.

    Company reported consolidated net profit for the quarter ended March 2026 at Rs 55 crore compared to Rs 51.2 crore in the same quarter last year.

  • May 18, 2026 10:21
    Stock down
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    Cochin Shipyard Q4 results live: Shares tank

    Cochin Shipyard shares fell 7% to Rs 1,489.40 at 10.18 am. The stock hit an intraday low of Rs 1,475 in early trade compared to the previous close of Rs 1,594.50.

    Company posted consolidated net profit for the quarter ended March 2026 at Rs 276.48 crore compared to Rs 287.18 crore in the same quarter last year.

    Board has recommended a final dividend of Rs. 1.5 per equity share

  • May 18, 2026 10:16
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    Premier Energies Q4 results live: Shares in green

    Premier Energies stock traded at Rs 992.60 on the NSE at 10.13 am, hitting a high of Rs 1,029.60 from the previous close of Rs 981.60.

    Company posted consolidated net profit for the quarter ended March 2026 at Rs 456.8 crore compared to Rs 277.8 crore in the same quarter last year.

    Board approved raising of funds by way of issuance of Equity Shares, non-convertible debentures along with warrants, any other eligible securities convertible into Equity Shares of the Company, or any combination, for an aggregate amount not exceeding Rs.5000 Crore.

  • May 18, 2026 10:08
    Stock down
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    Delhivery Q4 results live: Shares fall

    Delhivery shares declined over 5% to Rs 450.60 on the NSE.

    On Saturday, the company reported a marginal dip in net profitto ₹72.39 crore in the March quarter of 2026 against ₹72.55 crore in the corresponding quarter of the previous financial year.

  • May 18, 2026 10:05
    Stock down
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    Vodafone Idea Q4 results live: Shares decline.

    Vodafone Idea shares traded 2% lower at Rs 12.66 on the NSE, after hitting a high of Rs 13.05 compared to the previous close of Rs 12.95. Company’s net loss narrowed by 22 per cent annually to ₹5,521 crore

  • May 18, 2026 10:01
    Stock down
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    NCC Q4 results live: Shares fall

    NCC shares are down 5% on the NSE at Rs 152.58. 

    Company posted standalone net profit for the quarter ended March 2026 at Rs 202.88 crore compared to Rs 213.76 crore in the same quarter last year.

    Board recommended dividend of Rs 2.20 per share.

  • May 18, 2026 09:56
    Quarterly results
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    Hester Biosciences Q4 results Live:

    Hester Biosciences reports its Q4 results:

    👉Net Profit At ₹15.9 Cr Vs ₹1.2 Cr (YoY)

    👉Revenue Up 22% At ₹100 Cr Vs ₹82 Cr (YoY)

    👉EBITDA Up 78% At ₹34.2 Cr Vs ₹19.2 Cr (YoY)

    👉Margin At 34.2% Vs 23.4% (YoY)

    👉One-time Gain Of ₹2.9 Cr Vs Nil (YoY)

  • May 18, 2026 09:56
    Quarterly results
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    SolaraActive Q4 results live:

    SolaraActivePh reports its Q4 results;

    👉Net Profit At ₹9.7 Cr Vs Loss Of ₹4.8 Cr (YoY)

    👉Revenue Up 42% At ₹387.3 Cr Vs `273 Cr (YoY)

    👉EBITDA Up 35.3% At ₹58 Cr Vs ₹43 Cr (YoY)

    👉Margin At 14.9% Vs 15.6% (YoY)

  • May 18, 2026 09:56
    Quarterly results
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    HINDUSTAN COPPER Q4 results live:

    HINDUSTAN COPPER: Q4 SL NET PROFIT 4.44B RUPEES VS 1.9B (YOY) || Q4 REVENUE 11.56B RUPEES VS 7.3B (YOY)

    HINDUSTAN COPPER: Q4 EBITDA 6.27B RUPEES VS 2.7B (YOY) || Q4 EBITDA MARGIN 54.24% VS 36.53% (YOY)

  • May 18, 2026 09:55
    Quarterly results
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    Tata Steel Q4 results live:

    TATA STEEL: Q4 CONS NET PROFIT 29.2B RUPEES VS 13B (YOY); EST 32B || Q4 REVENUE 632B RUPEES VS 562.2B (YOY)

    TATA STEEL: Q4 EBITDA 98.3B RUPEES VS 65.6B (YOY) || Q4 EBITDA MARGIN 15.68% VS 11.67% (YOY)

  • May 18, 2026 09:55
    Quarterly results
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    Q4 results live:

    📢 Fineotex Chemical Ltd (FCL) — Q4 & FY26 Results Snapshot

    🧾 In one line

    📌 Q4 delivered a transformational ~162% YoY revenue jump driven by the consolidation of newly-acquired CrudeChem Technologies (US oilfield specialty chemicals); however, blended EBITDA margins compressed sharply as the lower-margin CrudeChem business diluted the legacy textile chemicals profile. PAT more than doubled in Q4 on a lower effective tax rate, while FY26 PAT growth was a modest +14% on +45% revenue growth — clearly reflecting the margin dilution from the strategic pivot into US oilfield chemicals.

    📊 Key numbers — Q4FY26 (Consolidated; ₹ Cr)

    📌 Revenue from Operations: ₹313.73 Cr (+162% YoY)

    📌 Total Revenue (incl. Other Income): ₹323.19 Cr (+154% YoY)

    📌 Gross Profit: ₹9…

    [7:27 am, 18/5/2026] Badri Sir: 📢 MPS Ltd — Q4 & FY26 Results Snapshot

    🧾 In one line

    📌 FY26 was a year of strategic transformation for MPS — two acquisitions (Unbound Medicine, USA and Liberate Group, Australia) were executed, revenue grew 5.7% YoY, but EBITDA margins expanded meaningfully to 32.7% (+200 bps YoY) and PAT grew 16.3% YoY. The Board skipped the final dividend for the first time in many years — capital retained for post-acquisition integration and growth.

    📊 Key numbers — Q4 FY26 (Consolidated; ₹ Cr)

    📌 Revenue: ₹205.2 Cr (+12.7% YoY)

    📌 EBITDA (before exceptional): ₹74.1 Cr (+17.4% YoY) → margin 36.1% vs 34.7% in Q4 FY25

    📌 PBT: ₹64.9 Cr (+4.9% YoY)

    📌 PAT: ₹47.0 Cr (-0.1% YoY — flat; lower exceptional gain vs Q4 FY25)

    📌 EPS (Basic): ₹27.72 vs ₹27.76 in Q4 FY25

    📈 FY26 Snapshot (Consolidated)

    📌 Revenue: ₹768.4 Cr vs ₹726.9 Cr (+5.7% YoY)

    📌 EBITDA (before exceptional): ₹251.4 Cr vs ₹223.4 Cr (+12.5% YoY) → margin 32.7% vs 30.7% in FY25

    📌 PBT: ₹229.3 Cr vs ₹201.1 Cr (+14.0% YoY)

    📌 PAT: ₹173.2 Cr vs ₹148.9 Cr (+16.3% YoY)

    📌 EPS (Basic): ₹102.11 vs ₹87.80 in FY25 (+16.3% YoY)

    🧩 Segment mix — FY26 (Consolidated)

    📌 Research Solutions: ₹463.5 Cr (+1.1% YoY) | Segment EBITDA ₹170.2 Cr — largest segment, essentially flat

    📌 Education Solutions: ₹208.9 Cr (+36.3% YoY) | Segment EBITDA ₹77.2 Cr — boosted by Unbound Medicine acquisition (Feb 2026)

    📌 Corporate Learning: ₹96.0 Cr (-16.5% YoY) | Segment EBITDA ₹11.3 Cr — weak year; Liberate Group integration underway

  • May 18, 2026 09:55
    Quarterly results
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    PDS Q4 results live:

    PDS Limited, the global supply chain solutions company offering customized solutions to global brands and retailers across services like product development, sourcing, manufacturing, and brand management, announced its consolidated financial results for the Q4 and FY 2025-26.

    Key Highlights Q4 FY26:

    Clocked GMV: ₹4,905crs up 5% Q-o-Q

    Reported Consolidated Topline of ₹3,519crs up 11% Q-o-Q

    Achieved EBIDTA of ₹122crs, growth of 12% Q-o-Q, with margin of 3.5%, up 2bps

    Achieved PAT of ₹72crs growth of 95% q-o-q, with 2% margin

    Key Highlights for FY26:

    Clocked GMV: ₹19,666crs, up 5% Y-o-Y

    Reported Consolidated Topline of ₹13,110cr, up 4% Y-o-Y

    Gross margin for the year improved by 48 bps to 20.6%

    Achieved PAT for the year of ₹178cr with margin of 1.4%

    Order book as of early April stood at ₹5,074crs up 11%

    Net Working Capital improved from ~17 days to ~4 days

    ₹781cr operating cash flow generated in FY26

    Net Debt reduced from ₹374cr (Mar’25) to ₹105cr (Mar’26).

    Proposed dividend of ₹3.30 per share for FY26 (165% of face value), of which ₹1.65 per share paid in H1FY26 as interim dividend, representing a payout ratio of 42%.

  • May 18, 2026 09:54
    Quarterly results
    timeline icon

    Hindustan Copper Q4 results live:

    Hindustan Copper: record quarter on all fronts 

    Q4FY26 (yoy)

    -Revenue +58% to ₹1,156cr

    -EBITDA +136% to ₹627cr

    -Margin at 54% vs 36.4% YoY / 49.5% QoQ

    Valuations rich at 60x FY26E EPS (₹9.5/sh), but street is betting on sharp earnings expansion

    Anand Rathi projects FY27 EPS= ₹17.5/sh, implied P/E drops to 32x

  • May 18, 2026 09:54
    Quarterly results
    timeline icon

    Q4 results live: Key results to watch out for the day

    Important Result Calendar

    18-May-2026

    Derivative

    • Indian Oil Corp Ltd

    • Astral Ltd

    Cash Segment

    • Ge Vernova T&D India Ltd

    • Indraprastha Gas Ltd

    • Gujarat Narmada Valley Ferti

    • Zydus Wellness Ltd

    19-May-2026

    Derivative

    • Bharat Electronics Ltd

    Zydus Lifesciences Limited

    Cash Segment

    • Basf India Ltd

    • Rites Ltd

    • Fine Organic Industries Ltdte

    • Gujarat State Ferti & Chem Ltd

    20-May-2026

    Derivative

    • Bosch Ltd

    • Jubilant Foodworks Ltd

    • Apollo Hospitals Enterprise Ltd

    • Grasim Industries Ltd

    • Samvardhana Motherson Intl Ltd

    Cash Segment

    • Medplus Health Services Ltdte

    • Honeywell Automation India Ltd

  • May 18, 2026 09:40
    Quarterly results
    timeline icon

    SAIL Q4 results live:

    SAIL posts strong operational numbers but capex upped

    EBITDA: ₹4,409 Cr vs poll of ₹4,101 Cr

    EBITDA/tn at ₹8,287 (+27% YoY, +84% QoQ) aided by better realisations & lower employee costs

    Net debt down to ₹21,663 Cr vs ₹24,852 Cr in Dec’25

    Outlook : Q1FY27 EBITDA/tn should improve further

    Street may stay watchful on the higher FY27 capex plan of ₹15,000 Cr given past execution track record.

  • May 18, 2026 09:33
    Stock market
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    Stock market live, Q4 results live: Benchmarks down over 1% in early trade

    BSE Sensex fell 752.37 pts or 1.00% to 74,485.62 at 9.16 am after opening at 74,807.97 from the previous close of 75,237.99. Nifty 50 traded 249.30 pts or 1.05% lower at 23,394.20.

Published on May 18, 2026



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