Alkem Laboratories delivered impressive Q4 FY26 results with core profit before exceptional items surging 41% to ₹557.8 crore, driven by broad-based revenue expansion across domestic and international markets. However, reported profitability was impacted by one-time charges, with net profit after exceptional items falling 22.7% to ₹236.5 crore due to exceptional charges of approximately ₹135 crore, including ₹60 crore liability related to employee benefits and ₹74.7 crore impairment of real estate investments. The company achieved double-digit revenue growth of 14.6% year-on-year to ₹3,603.3 crore, with EBITDA rising 32.2% to ₹517.4 crore and EBITDA margins expanding to 14.4% from 12.4% in the corresponding quarter last year. CEO Vikas Gupta highlighted that domestic sales grew 8.8% to ₹2,324.5 crore while international business rose 25.4% to ₹1,222 crore, led by strong momentum in the US and non-US markets.
The fourth quarter of FY26 delivered contrasting results across different sectors, with pharmaceutical and jewelry companies showing divergent trends. According to reports from Business Standard, Alkem Laboratories experienced a significant 27.7% decline in consolidated net profit to ₹236 crore in Q4 March 2026, impacted by a one-time loss of ₹135 crore during the quarter, despite achieving a 14.62% jump in revenue from operations to ₹3,603 crore compared to the same period last year. Meanwhile, PC Jeweller demonstrated strong performance with a 58.06% jump in standalone net profit to ₹150.33 crore on a 32.66% increase in revenue from operations to ₹927.34 crore in Q4 FY26 over Q4 FY25. Latest developments show Lahoti Overseas also facing significant challenges with a 66.12% decline in consolidated net profit to ₹1.45 crore in Q4 FY26, while sales declined 27.18% to ₹84.68 crore compared to the previous year. Polylink Polymers (India) also reported mixed results with a standalone net profit of ₹0.61 crore in Q4 FY26 compared to a net loss of ₹0.10 crore in the previous year, though sales declined 10.14% to ₹21.26 crore.
The technology sector showed varied performance with Wipro expanding its partnership with ServiceNow to implement agentic AI workflows across core enterprise functions including IT, HR, procurement, and cybersecurity. As reported by Business Standard, Axiscades Technologies faced significant challenges with a 98.6% drop in consolidated net profit to ₹0.43 crore from ₹30.76 crore in Q4 FY25, though revenue for the period under review rose by 1.9% year-on-year to ₹273.01 crore. The industrial sector also presented mixed results, with Roto Pumps reporting a 55.47% decline in consolidated net profit to ₹5.73 crore compared to ₹12.87 crore in the corresponding quarter last year.
The electronics sector faced significant headwinds, with PG Electroplast reporting a 55.34% decline in consolidated net profit to ₹64.86 crore in Q4 FY26 compared with ₹145.23 crore posted in Q4 FY25, while revenue from operations dropped 10.11% YoY to ₹1,716.67 crore. Gulf Oil Lubricants India also experienced challenges with a 3.44% drop in consolidated net profit to ₹89.59 crore despite achieving a 10.76% increase in revenue from operations to ₹1,055.26 crore in Q4 FY26 over Q4 FY25. According to Business Standard, these results highlight the varied impact of market conditions across different industry sectors during the quarter.
