Q4 Result Highlights: PhysicsWallah Loss Reduces; Bata India Profit Falls 95%; Vadilal Industries Announces Dividend

Cello World Q4 Result Highlights (Cons, YoY)

• Net Profit down 6.3% at Rs 90.1 crore versus Rs 96.2 crore
• Revenue up 11% at Rs 654 crore versus Rs 589 crore
• Ebitda down 4.6% at Rs 129 crore versus Rs 135 crore
• Ebitda Margin at 19.7% versus 23%

Time Technoplast Q4 Result Highlights (Cons, YoY)

• Net Profit up 20.4% at Rs 132 crore versus Rs 110 crore
• Revenue up 14.2% at Rs 1,677 crore versus Rs 1,469 crore
• Ebitda up 12.8% at Rs 241 crore versus Rs 214 crore
• Ebitda Margin at 14.4% versus 14.5%

AXISCADES Tech Q4 Result Highlights (Cons, YoY)

• Net Profit down 98.6% at Rs 43 lakh versus Rs 30.8 crore
• Revenue up 1.9% at Rs 273 crore versus Rs 268 crore
• Ebitda down 10.3% at Rs 33.6 crore versus Rs 37.4 crore
• Ebitda Margin at 12.3% versus 14%

MM Forgings Q4 Result Highlights (Cons, YoY)

• Net Profit up 41.8% at Rs 44.8 crore versus Rs 31.6 crore
• Revenue up 15.9% at Rs 430 crore versus Rs 371 crore
• Ebitda up 10.7% at Rs 80.8 crore versus Rs 72.9 crore
• Ebitda Margin at 18.8% versus 19.7%

Ashiana Housing Q4 Result Highlights (Cons, YoY)

• Net Profit up 3% at Rs 20.9 crore versus Rs 20.3 crore
• Revenue up 48.1% at Rs 323 crore versus Rs 218 crore
• Ebitda up 12.8% at Rs 20.3 crore versus Rs 18 crore
• Ebitda Margin at 6.3% versus 8.3%
• Approves issuance of NCDs worth up to Rs 100 crore

PG Electroplast Q4 Result Highlights (Cons, YoY)

• Net Profit down 55.3% at Rs 64.9 crore versus Rs 145 crore
• Revenue down 10.1% at Rs 1,717 crore versus Rs 1,910 crore
• Ebitda down 43.9% at Rs 119 crore versus Rs 212 crore
• Ebitda Margin at 6.9% versus 11.1%

Shalby Q4 Result Highlights (Cons, YoY)

• Net Profit at Rs 18.3 crore versus loss of Rs 11 crore
• Revenue up 8.5% at Rs 287 crore versus Rs 265 crore
• Ebitda up 40.5% at Rs 29.3 crore versus Rs 20.9 crore
• Ebitda Margin at 10.2% versus 7.9%

Gulf Oil Q4 Result Highlights (Cons, YoY)

• Net Profit down 2.6% at Rs 89.8 crore versus Rs 92.2 crore
• Revenue up 10.8% at Rs 1,055 crore versus Rs 953 crore
• Ebitda up 6.1% at Rs 137 crore versus Rs 129 crore
• Ebitda Margin at 12.9% versus 13.5%
• To pay final dividend of Rs 30 per share

TCI Express Q4 Result Highlights (Cons, YoY)

• Net Profit down 17.2% at Rs 16 crore versus Rs 19.4 crore
• Revenue up 6.8% at Rs 328 crore versus Rs 307 crore
• Ebitda up 19.8% at Rs 31.5 crore versus Rs 26.3 crore
• Ebitda Margin at 9.6% versus 8.6%
• Reappoints Chander Agarwal as MD for 5 years

Swan Defence Q4 Result Highlights (Cons, YoY)

• Net Loss at Rs 142 crore versus loss of Rs 22.8 crore
• Revenue at Rs 236 crore versus Rs 4.9 crore
• Ebitda loss at Rs 250 crore versus loss of Rs 9.4 crore
• Other income at Rs 130 crore versus Rs 7 crore
• To raise up to Rs 4,000 crore via QIP, debt and other instruments
• Rajesh Bhardwaj resigns as CFO; Jignesh Shah appointed CFO from May 28

Aditya Infotech Q4 Result Highlights (Cons, YoY)

• Net Profit at Rs 169 crore versus Rs 55 crore
• Revenue up 45.5% at Rs 1,422 crore versus Rs 977 crore
• Ebitda at Rs 257 crore versus Rs 98 crore
• Ebitda Margin at 18.1% versus 10%

Supriya Lifescience Q4 Result Highlights (Cons, YoY)

• Net Profit up 47.2% at Rs 74.2 crore versus Rs 50.4 crore
• Revenue up 50.2% at Rs 277 crore versus Rs 184 crore
• Ebitda up 44.4% at Rs 97.6 crore versus Rs 67.6 crore
• Ebitda Margin at 35.3% versus 36.7%

National Fertilizers Q4 Result Highlights (Cons, YoY)

• Net Profit up 12.4% at Rs 152 crore versus Rs 135 crore
• Revenue down 2.5% at Rs 4,347 crore versus Rs 4,457 crore
• Ebitda down 1.5% at Rs 231 crore versus Rs 234 crore
• Ebitda Margin at 5.31% versus 5.25%

DCX Systems Q4 Result Highlights (Cons, YoY)

• Net Loss at Rs 30 lakh versus profit of Rs 20.7 crore
• Revenue down 62.3% at Rs 207 crore versus Rs 550 crore
• Ebitda loss at Rs 30 lakh versus profit of Rs 10.1 crore YoY

Gabriel India Q4 Result Highlights (Cons, YoY)

• Net Profit up 3.4% at Rs 66.6 crore versus Rs 64.4 crore
• Revenue up 12.7% at Rs 1,210 crore versus Rs 1,073 crore
• Ebitda up 3.9% at Rs 113 crore versus Rs 109 crore
• Ebitda Margin at 9.3% versus 10.1%
• To pay dividend of Rs 3.1 per share

Bata India Q4 Result Highlights (Cons, YoY)

• Net Profit down 95.2% at Rs 2.2 crore versus Rs 45.9 crore
• Revenue up 5% at Rs 828 crore versus Rs 788 crore
• Ebitda down 15.3% at Rs 151 crore versus Rs 178 crore
• Ebitda Margin at 18.2% versus 22.6%
• Saw one-time loss of Rs 28 crore in Q4
• To pay dividend of Rs 9 per share

Elgi Equipments Q4 Result Highlights (Cons, YoY)

• Net Profit up 25.5% at Rs 128 crore versus Rs 102 crore
• Revenue up 12.1% at Rs 1,113 crore versus Rs 993 crore
• Ebitda up 18.1% at Rs 168.7 crore versus Rs 142.8 crore
• Ebitda Margin at 15.2% versus 14.4%
• To pay dividend of Rs 2.70 per share

PC Jeweller Q4 Result Highlights (Cons, YoY)

• Net Profit up 61.3% at Rs 152.9 crore versus Rs 94.8 crore
• Revenue up 32.7% at Rs 927.3 crore versus Rs 699 crore
• Ebitda up 13.4% at Rs 164.5 crore versus Rs 145 crore
• Ebitda Margin at 17.7% versus 20.7%
• Reappoints Bairam Garg as MD from July 1

PhysicsWallah Q4 Result Highlights (Cons, YoY)

• Net Loss reduced to Rs 74.9 crore versus loss of Rs 293 crore
• Revenue up 50.7% at Rs 919 crore versus Rs 610 crore
• Ebitda at Rs 28.8 crore versus loss of Rs 228.5 crore

Vadilal Industries Q4 Result Highlights (Cons, YoY)

• Net Profit at Rs 54.9 crore versus Rs 22 crore
• Revenue up 51.2% at Rs 416 crore versus Rs 275 crore
• Ebitda at Rs 85 crore versus Rs 39.3 crore
• Ebitda Margin at 20.4% versus 14.3%
• To pay dividend of Rs 43 per share

ISGEC Heavy Q4 Result Highlights (Cons, YoY)

• Net Profit at Rs 73.2 crore versus Rs 11.6 crore
• Revenue up 17.4% at Rs 2,048 crore versus Rs 1,745 crore
• Ebitda up 7.7% at Rs 156 crore versus Rs 145 crore
• Ebitda Margin at 7.6% versus 8.3%
• To pay dividend of Rs 6 per share

Hikal Q4 Result Highlights (Cons, YoY)

• Net Profit down 71.3% at Rs 14.4 crore versus Rs 50.2 crore
• Saw one-time loss of Rs 47 crore in Q4
• Revenue down 6% at Rs 519 crore versus Rs 552 crore
• Ebitda down 14.6% at Rs 105 crore versus Rs 123 crore
• Ebitda Margin at 20.3% versus 22.3%

Varroc Engineering Q4 Result Highlights (Cons, YoY)
Net Profit at Rs 69.3 crore versus Rs 20.6 crore
Saw one-time loss of Rs 56 crore in Q4 FY25
Revenue up 12.8% at Rs 2,368 crore versus Rs 2,099 crore
Ebitda up 8% at Rs 230 crore versus Rs 213 crore
Ebitda Margin at 9.7% versus 10.2%

KIOCL Q4 Result Highlights (Cons, YoY)

• Net Profit at Rs 53 crore versus loss of Rs 37 crore
• Revenue down 10.6% at Rs 220 crore versus Rs 246 crore
• Ebitda at Rs 31.1 crore versus loss of Rs 41.6 crore YoY

West Coast Q4 Result Highlights (Cons, YoY)

• Net Profit up 17.9% at Rs 51.8 crore versus Rs 44 crore
• Revenue up 19.6% at Rs 1,245 crore versus Rs 1,041 crore
• Ebitda up 94.8% at Rs 157.27 crore versus Rs 80.73 crore
• Ebitda Margin at 12.6% versus 7.8%
• To pay dividend of Rs 3 per share
• Reappoints Virendraa Bangur as Joint MD for 3 years

FDC Q4 Result Highlights (Cons, YoY)

• Net Profit at Rs 103.4 crore versus Rs 38.7 crore
• Revenue up 18.9% at Rs 585 crore versus Rs 492 crore
• Ebitda up 96.5% at Rs 106.3 crore versus Rs 54.1 crore
• Ebitda Margin at 18.2% versus 11%
• Other Income at Rs 50 crore versus Rs 16 crore YoY

Indostar Capital Q4 Result Highlights (Cons, YoY)

• Net Loss at Rs 424 crore versus profit of Rs 36 crore
• Total Income down 7.5% at Rs 347 crore versus Rs 375 crore
• One-time loss due to ECL framework at Rs 326 crore

Shares of Cummins India surged as much as 10% on Wednesday after the engine and power solutions maker posted a blowout fourth-quarter operating profit that came in 18% ahead of Bloomberg consensus estimates, triggering one of the stock's sharpest single-session moves in recent memory.

Read more here.

TVS Srichakra Q4FY26 (Cons, YoY)

Net Profit at Rs 36.1 crore versus Rs 9.6 crore
Revenue up 19.9% at Rs 981 crore versus Rs 818.4 crore
EBITDA up 30.2% at Rs 86.6 crore versus Rs 66.5 crore
EBITDA Margin at 8.8% versus 8.1%

Other Updates

Final dividend of Rs 37.80 per share

Cummins India Q4FY26

• Revenue up 22.6% at Rs 3,012 crore versus Rs 2,457 crore
• EBITDA up 23.5% at Rs 642 crore versus Rs 520 crore
• EBITDA Margin at 21.3% versus 21.2%
• Net Profit up 27% at Rs 202 crore versus Rs 159 crore

Other Updates

• Final dividend of Rs 46 per share

Asahi India Glass Q4FY26 (Cons, YoY)

Net Profit up 43.5% at Rs 132 crore versus Rs 92 crore
Revenue up 14.7% at Rs 1,354 crore versus Rs 1,180 crore
EBITDA up 44.9% at Rs 287 crore versus Rs 198 crore
EBITDA Margin at 21.2% versus 16.8%

Goldiam International Q4FY26 (Cons, YoY)

Revenue up 18% at Rs 235 crore versus Rs 199 crore
EBITDA up 25.2% at Rs 49.5 crore versus Rs 39.6 crore
EBITDA Margin at 21% versus 19.9%
Net Profit up 60.6% at Rs 37.2 crore versus Rs 23.2 cro

Mrs Bectors Q4FY26 (Cons, YoY)

Revenue up 9% at Rs 486 crore versus Rs 446 crore
EBITDA up 10.7% at Rs 62 crore versus Rs 56 crore
EBITDA Margin at 12.8% versus 12.6%
Net Profit up 3% at Rs 35 crore versus Rs 34 crore

Indian Metals Q4FY26 (Cons, QoQ)

Revenue up 8.5% at Rs 763 crore versus Rs 703 crore
EBITDA down 3% at Rs 159 crore versus Rs 164 crore
EBITDA Margin at 20.8% versus 23.3%
Net Profit down 21.4% at Rs 103 crore versus Rs 131 crore

Other Updates

Other Income at Rs 6 crore versus Rs 22 crore
Final dividend of Rs 7.50 per share

>>

Gillette India declared a final dividend of Rs 60 per share for fiscal year 2025-26.

"Recommended a final dividend of Rs. 60 per Equity Share (Nominal Value of Rs. 10/- each), for the Financial Year ended March 31, 2026," the company said in an exchange filing.

Gillette India Q4FY26 (Cons, YoY)

• Revenue up 3.2% at Rs 792 crore versus Rs 768 crore
• EBITDA at Rs 277 crore versus Rs 226 crore
• EBITDA Margin at 35% versus 29.4% 
• Net Profit  rose 21.3% to Rs 193 crore versus Rs 159 crore
• Other Income dropped to Rs 5 crore versus Rs 11.7 crore

Sky Gold Q4FY26 (Cons, YoY)

• Revenue up 80.7% at Rs 1,912 crore versus Rs 1,058 crore
• EBITDA at Rs 141 crore versus Rs 62.6 crore
• EBITDA Margin at 7.4% versus 5.9%
• Net Profit at Rs 84.3 crore versus Rs 38.2 crore

Other Updates

• Other Income at Rs 16.6 crore versus Rs 4.8 crore

• Saatvik Green Energy said there is a strong government push to scale up solar cell manufacturing in India.
• The company noted that demand for solar cells manufactured in India has been rising steadily.
• According to the management, the Indian market continues to remain a key priority for module manufacturers.
• Saatvik Green Energy expects module demand in India to be in the mid-60 GW range this year.
• The company said India’s solar cell market has remained strong in recent months.
• It expects ALMM-III implementation to begin from June 2028.
• Saatvik Green Energy plans to start 6 GW solar cell manufacturing capacity in two phases soon.
• The company also backed the government’s move on the ALMM List-2 framework.

Hello and welcome to NDTV Profit’s Q4FY26 earnings liveblog.

More than 325 companies, including Cummins India, Physicswallah, GMR Airports and Bata India, are set to announce their March-quarter results today. Stay tuned for live updates and key earnings highlights throughout the day.