New Delhi, April 30 -- Shares of Cemindia Projects were locked in the 20% upper circuit in Thursday's trade, 30 April, hitting a four-month high of Rs.815 apiece, as investors cheered the company's strong performance for the quarter ended March 2026.

The company on Wednesday reported a 114% year-on-year jump in consolidated net profit to Rs.242 crore for the March quarter. For the full financial year FY26, net profit rose 60% to Rs.598 crore. Revenue from operations during the reporting quarter came in at Rs.2,973 crore, marking a 17% increase from Rs.2,532 crore in the corresponding period last year.

On the operating front, EBITDA surged 66% year-on-year to Rs.450 crore in Q4, while EBITDA margins expanded by 440 basis points to 15.1%....