Sangam Stock Surges 9% After PAT Jumps 3x to Rs85.7 Cr; Announces Rs2 Dividend per Share
India, April 22 -- Shares of a Bhilwara-based integrated textile manufacturer came into focus on Wednesday after its board approved full-year audited results alongside a dividend recommendation. The company's standalone PAT for FY26 came in at Rs. 85.70 crore, a 212 percent jump over FY25's Rs. 27.47 crore, driven by a material improvement in operating leverage as revenue crossed the Rs. 3,000 crore threshold for the first time.
With a market capitalization of Rs.2,739.69 crore, the shares of Sangam India Limited were trading at Rs.545.25, up 8.83 percent from its previous close of Rs.501. It is trading at a P/E of 42.49
On a standalone basis, revenue from operations for FY26 stood at Rs. 3,189.50 crore, up 12.2 percent from Rs. 2,843 c...
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