Aequs Limited shares came under heavy selling pressure in early trade on Wednesday, May 27, after the company reported a weak March quarter performance marked by a loss and a sharp deterioration in operating margins.
The stock was trading at ₹195.36, down ₹16.27 or 7.69%, after touching an intraday low of ₹191.50. The decline followed the company’s Q4 FY26 earnings announcement, which showed pressure on profitability despite strong revenue growth.
Revenue for the quarter rose 47.3% year-on-year to ₹367 crore from ₹249 crore in the corresponding quarter last year, indicating continued business growth across operations.
However, the company reported a loss of ₹53.7 crore during the quarter, compared with a profit of ₹8.9 crore in Q4 FY25.
Operating performance also weakened significantly. EBITDA dropped 82.4% year-on-year to ₹4 crore from ₹25 crore a year earlier. EBITDA margin narrowed sharply to 1.2% from 9.8%, reflecting a contraction of 860 basis points.
The sharp decline in profitability and operating margins appeared to weigh on investor sentiment, leading to pressure on the stock despite robust top-line growth.
Disclaimer: This article is for informational purposes only and should not be construed as investment advice.