IFB Industries and Surya Roshni See Shares Rally After Strong Earnings
Shares of IFB Industries Ltd and Surya Roshni Ltd experienced significant gains in early trade on Tuesday, with both companies' stocks surging by up to 15%. This sharp upward movement followed the announcement of their robust financial results for the March 2026 quarter (Q4 FY26), signaling strong investor confidence in their performance.
IFB Industries Reports Soaring Net Profit
IFB Industries' stock climbed 15.41% to reach a day high of Rs 1,215.45. The surge was primarily driven by an impressive consolidated net profit increase of 125.9% year-on-year (YoY), totaling Rs 42.7 crore in Q4 FY26, a substantial rise from Rs 18.9 crore in the same period last year. Furthermore, the company's revenue from operations also saw a healthy increase, climbing 12.6% YoY to Rs 1,498 crore in Q4 FY26, compared to Rs 1,330 crore in the year-ago period.
Surya Roshni's Diverse Growth Across Segments
Surya Roshni shares also performed strongly, surging 14.31% to hit a high of Rs 248.50. The company reported consolidated revenue of Rs 2,163 crore in Q4 FY26, which remained broadly stable YoY but showed a 12% sequential increase. Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) stood at Rs 170 crore, with EBITDA margins around 7.9%. Profit After Tax (PAT) for the quarter improved sequentially by 23% to Rs 98 crore, supported by better realisations and an improved product mix.
Surya Roshni's Lighting & Consumer Durables segment delivered healthy growth in Q4 FY26, with revenue reaching Rs 501 crore, a 9% YoY increase. This growth was fueled by strong demand across LED bulbs, battens, downlighters, appliances, and professional lighting categories. Meanwhile, the Steel Pipes & Strips business achieved its highest-ever quarterly sales volumes, approximately 2.6 lakh tonnes. The company also strengthened its product mix, with value-added products contributing around 43% of overall volumes. Its export business expanded into new geographies, including the UK market, and reinforced order visibility across North America and Europe. Surya Roshni's order book stood at Rs 1,000 crore, primarily from exports, spiral pipes, and domestic API orders, providing strong visibility for the first half of FY27.