Eureka Forbes Q4 profit rises 3% as revenue grows 12%

Eureka Forbes Ltd reported steady earnings growth for the quarter ended March 31, 2026, supported by higher revenue during the period.

The company posted a consolidated net profit of ₹51.03 crore in Q4 FY26, compared to ₹49.48 crore in the corresponding quarter last year, registering a rise of 3.1% year-on-year.

Revenue from operations increased to ₹683.72 crore during the March quarter from ₹612.65 crore in Q4 FY25, reflecting a growth of 11.6% YoY.

Operationally, EBITDA stood at ₹85.55 crore in Q4 FY26 as against ₹77.07 crore reported in the year-ago period, marking a growth of 11% YoY. EBITDA margin stood at 12.5% compared to 12.6% in the corresponding quarter last year.

Total income for the quarter stood at ₹688.61 crore, compared to ₹617.05 crore in Q4 FY25.

On the expenditure front, employee benefit expenses rose to ₹93.27 crore from ₹81.62 crore a year earlier, while service charges stood at ₹84.97 crore compared with ₹82.70 crore in the corresponding quarter last year. Other expenses during the quarter came in at ₹139.09 crore.

Profit before tax for the quarter stood at ₹68.57 crore compared to ₹66.46 crore reported a year ago. Total tax expenses were reported at ₹17.54 crore during the quarter.

Total comprehensive income for the quarter stood at ₹54.72 crore against ₹47.98 crore in the corresponding quarter last year. Earnings per share (EPS) for Q4 FY26 came in at ₹2.62 compared with ₹2.55 in Q4 FY25.

The company also outlined its long-term growth ambitions, targeting more than doubling its revenue and tripling EBITDA over the next five years. Eureka Forbes aims to achieve revenue of ₹5,400–5,600 crore by FY30 compared to ₹2,710 crore in FY26. The company has also guided for adjusted EBITDA of ₹800–850 crore by FY30 versus ₹332 crore in FY26, while targeting an adjusted EBITDA margin of around 15%, compared to 12.2% in FY26.