Mumbai, May 5 -- The foreign brokerage also raised its target price to Rs 5,213 from Rs 4,860.

In its Q4 FY26 results, the company's consolidated net profit jumped 25.5% to Rs 284.31 crore on a 19.3% increase in revenue from operations to Rs 3,476.40 crore in Q4 FY26 over Q4 FY25.

Profit before tax jumped 23.6% year on year to Rs 377.15 crore in Q4 FY26.

EBITDA stood at Rs 424 crore in Q4 FY26, registering the growth of 25.44%, compared with Rs 338 crore recorded in the corresponding quarter last year. EBITDA margin improved to 12.21% in Q4 FY26 as against 11.61% in Q4 FY25.

The company's revenue from cables & wires was at Rs 3,297.03 crore (up 17.89% YoY), and revenue from stainless steel wire stood at Rs 56.06 crore (up 21.45% YoY) ...