Kanohar Electricals shares rose 16% on October 7 a day after the newly-listed company announced strong Q1 results.
According to the company’s financial results, revenue from operations for the quarter ended June 30, 2026, more than doubled year-on-year to Rs 137 crore, compared with Rs 67 crore in Q1FY26. EBITDA surged 152.2% to Rs 39 crore, from Rs 15 crore a year earlier, while the EBITDA margin expanded to 28.3% from 22.8%.
Profit before tax rose 134.7% year-on-year to Rs 37 crore, compared with Rs 16 crore in the year-ago quarter. Profit after tax jumped 140% to Rs 27 crore, from Rs 11 crore, with the PAT margin improving to 19.9% from 16.9%.
At 12:40 pm on October 7, Kanohar Electricals shares were trading 16% higher at Rs 1,096.95 apiece.
Kanohar Electricals continued the strong growth momentum from FY26 into the first quarter of FY27, with revenue doubling year-on-year, while gross margins remained healthy and EBITDA and PAT margins improved, Whole-Time Director Abhishek Singhal said.