Amara Raja Q4 FY26 profit jumps 95%, sales up 16% YoY

What the March 2026 quarter numbers show

Amara Raja Energy & Mobility reported a sharp jump in consolidated profit for the quarter ended March 2026, alongside mid-teens revenue growth. Consolidated net sales rose to ₹3,535.75 crore in March 2026, up 15.54% from ₹3,060.07 crore in March 2025. Quarterly net profit increased to ₹314.33 crore from ₹161.57 crore, a year-on-year rise of 94.55%. The company’s EBITDA for the quarter stood at ₹412.34 crore, up 12.45% from ₹366.68 crore a year earlier. Earnings per share (EPS) rose to ₹17.17 from ₹8.83 over the same period.

These headline figures indicate that profit growth outpaced sales growth in Q4 FY26. At the same time, operating profitability as measured by EBITDA grew at a slower pace than revenue. The disclosed operating margin (OPM) for the March quarter was 10.90%, compared with 11.14% in the March 2025 quarter. The quarter’s reported pre-tax metrics also improved year-on-year, with PBDT at ₹397.56 crore versus ₹356.68 crore, and PBT at ₹239.76 crore versus ₹212.62 crore.

Consolidated Q4 FY26: headline performance

The March 2026 quarter was marked by higher sales and a materially higher bottom line on a consolidated basis. Sales growth of 15.54% indicates stronger revenue compared with the year-ago quarter. Net profit nearly doubled, rising 94.55%, which stood out relative to the pace of EBITDA growth.

The company reported EBITDA of ₹412.34 crore for Q4 FY26, compared with ₹366.68 crore for Q4 FY25. While EBITDA improved, OPM dipped to 10.90% from 11.14%, suggesting that operating margin was slightly lower even as absolute operating profit increased. The gap between profit growth and EBITDA growth is evident in the quarter’s reported net profit movement.

Key quarterly numbers at a glance

Full-year FY26 sales and profit snapshot

For the year ended March 2026, consolidated sales were reported at ₹13,814.00 crore, compared with ₹12,846.32 crore in the year ended March 2025. This translates into a 7.53% rise in annual sales.

Annual profitability metrics in the data show a mixed picture versus the strong quarterly profit growth. Consolidated net profit for the year was ₹895.77 crore in FY26, compared with ₹944.67 crore in FY25, a decline of 5%. PBDT was ₹1,558.76 crore in FY26 versus ₹1,687.76 crore in FY25 (down 8%), and PBT was ₹951.58 crore versus ₹1,162.10 crore (down 18%). The disclosed annual OPM was 10.84% in FY26 versus 12.58% in FY25.

Dividend recommendation announced with results

Along with the Q4 performance, the board recommended a final dividend of ₹5.20 per share. The reported face value of each share is ₹1. The dividend recommendation was presented alongside the March 2026 quarter update, linking shareholder payout with the year-end results season.

Standalone vs consolidated: what was reported

The data also included standalone quarterly numbers for the March 2026 quarter. Standalone net sales were reported at ₹3,459.92 crore, up 16.34% from ₹2,973.85 crore in March 2025. Standalone net profit was ₹322.33 crore, up 93.23% from ₹166.81 crore in March 2025.

Consolidated and standalone results are not identical because consolidation can include subsidiaries and other entities, while standalone reflects the parent company. In this case, both sets of numbers show similar directionally strong year-on-year profit growth for the quarter.

Stock price and recent return profile

Amara Raja shares closed at 883.40 on May 22, 2026 (NSE), as reported in the data. The stock delivered returns of -6.58% over the last six months and -15.85% over the last 12 months.

Separately, the update also described a trading session where the stock started with about a 1% gain, rose as much as 9% intraday to ₹897.50, and later settled at ₹886.80. These price points were presented in the context of market reaction around the results commentary.

Market impact: what the numbers imply for investors

The Q4 FY26 release presents two clear datapoints for investors tracking operating performance and valuation sensitivity. First, revenue growth in the March quarter was strong at 15.54%, with net sales at ₹3,535.75 crore. Second, net profit growth was much stronger at 94.55%, taking quarterly net profit to ₹314.33 crore.

At the same time, the reported OPM of 10.90% was lower than 11.14% in the year-ago quarter, even though EBITDA increased in absolute terms. The full-year picture also matters because FY26 net profit of ₹895.77 crore was lower than FY25’s ₹944.67 crore despite higher sales, and annual OPM fell to 10.84% from 12.58%. In practical terms, the March-quarter profit surge sits alongside a year in which margin and annual profit metrics were lower than the prior year.

Why this quarter matters: a grounded take

The March quarter results stand out because profit growth far exceeded sales growth and pushed EPS to ₹17.17 for the quarter from ₹8.83. For a company followed in the automotive battery space, the quarter also came with a dividend recommendation of ₹5.20 per share, which is a concrete shareholder distribution action tied to the FY26 cycle.

But investors typically compare quarterly strength with the broader trend across the year. The FY26 versus FY25 comparison in the disclosed figures shows sales expansion but lower annual profitability metrics, including net profit, PBDT, and PBT. That divergence makes the Q4 jump important, not as a standalone statistic, but as a data point against a softer full-year margin profile.

Conclusion

Amara Raja Energy & Mobility’s consolidated Q4 FY26 results showed net sales of ₹3,535.75 crore and net profit of ₹314.33 crore, with EPS rising to ₹17.17. The company also recommended a final dividend of ₹5.20 per share. The stock was reported at 883.40 on May 22, 2026 on the NSE, with negative returns over both six and 12 months. The next key milestone for investors will be the formal shareholder process and timelines around the final dividend linked to FY26.