New Delhi, May 15 -- Shares of Pearl Global Industries, one of the country's largest listed garment exporters, surged 14% in Friday's trade on May 15 to hit a three-month high of Rs.1,740 apiece, as investors cheered the company's strong March quarter performance.

The company reported its highest-ever quarterly revenue in Q4FY26 at Rs.1,314 crore, marking a 6.9% year-on-year growth. Adjusted EBITDA stood at Rs.135 crore, up 13.7% YoY, while EBITDA margin came in at 10.3% - the highest-ever quarterly EBITDA margin reported by the company.

Excluding the reciprocal tariff impact of around Rs.5 crore and incremental losses in Bihar and Guatemala of nearly Rs.3 crore, the adjusted EBITDA margin stood at around 10.9%. On the bottom side, the ...