Shadowfax Technologies shares surged nearly 10% on May 15 after the company reported a sharp improvement in its March quarter earnings, aided by strong revenue growth and a significant jump in operating profitability.
The stock rose as much as 9.3% to hit an intraday high of ₹192.81 on the NSE, while trading volumes remained strong in early trade. The stock was last seen trading around ₹179.78, up 9.32% over the previous close.
Shadowfax Technologies reported consolidated revenue from operations of ₹1,237.09 crore for Q4 FY26, compared to ₹712.43 crore in the corresponding quarter last year, reflecting a robust growth of 73.6% YoY.
The company posted a net profit of ₹55.83 crore during the quarter, against a loss of ₹9.86 crore reported in Q4 FY25, marking a sharp turnaround in profitability.
EBITDA for the quarter stood at ₹81.05 crore, compared to ₹12.07 crore in the year-ago period, registering a growth of over 571% YoY. EBITDA margin improved to 6.55% from 1.69% a year ago.
Profit before tax came in at ₹54.86 crore for the quarter, compared to a pre-tax loss of ₹10.23 crore in the corresponding quarter last year.
Total income during the quarter stood at ₹1,252.60 crore, while total expenses rose to ₹1,197.74 crore from ₹729.60 crore a year ago. Employee benefits expense stood at ₹112.05 crore, while finance costs came in at ₹6.45 crore.
The company also reported total comprehensive income of ₹55.76 crore for the quarter, compared to a comprehensive loss of ₹9.50 crore in Q4 FY25.
The strong operational performance and return to profitability appeared to boost investor sentiment, pushing the stock close to its 52-week high during the session.
Disclaimer: This article is based solely on the company’s exchange filing and publicly available market data. It does not constitute investment advice.