Conect – Jan-Mar’26 Results – Q4 in line, Geopolitical Impact yet to reflect in the Economy
Published on 11 Jun 2026
PL Universe in 4QFY26 reported Sales, EBIDTA, PAT growth of 10.3%, 7.5%, and 13.5% YoY respectively. Ex-BFSI EBIDTA increased 8.7% while PBT increased by 8.9% YoY. Ex-O&G EBIDTA increased 6.3% while PBT increased 7.1% YoY.
PL Coverage universe posted 0.4% lower sales growth than estimates for 4Q26. EBIDTA/PAT beat estimates by 1.4% and 5.6%. Ex-BFSI EBIDTA and PAT beat was 2.0/4.5%. Ex- Oil & Gas PAT beat 4.9%.
Auto, Building Materials, Consumer, Education, EMS, Financial Services, Healthcare, Logistics, Metals & Mining, Ports, Real Estate, Renewables & Telecom reported more than 15% YoY sales growth. Capital Goods, Cement, Consumer Durables & Information Technology reported between 10-15% YoY sales growth.
