Strong earnings growth remained a key theme during the March quarter of FY26, with several companies across sectors reporting profits that more than doubled from a year earlier.
Improved operating performance, higher revenues and favourable industry trends helped these companies deliver triple-digit growth in profitability.
Here are five stocks that posted more than 100 percent growth in net profit during Q4 FY26.
1. Hindustan Copper
Business
Hindustan Copper is India’s only vertically integrated copper producer, with operations spanning mining, smelting, refining and downstream copper products.
Q4 FY26 performance
- Revenue: ₹1,156.08 crore
- Q4 FY25 revenue: ₹731.40 crore
- Revenue growth: 58.1%
- Profit before tax: ₹592.21 crore
- Q4 FY25 PBT: ₹259.59 crore
- PBT growth: 128.1%
- Net profit: ₹444.06 crore
- Q4 FY25 net profit: ₹190.54 crore
- PAT growth: 133.1%
Market capitalization: ₹50,130 crore
The stock rose from around ₹222 in April 2025 to nearly ₹454 by March 2026 and currently trades at ₹518.
2. Multi Commodity Exchange (MCX)
Business
MCX operates India’s largest commodity derivatives exchange.
Q4 FY26 performance
- Income from operations: ₹888.94 crore
- Q4 FY25 income: ₹291.33 crore
- Growth: 205%
- EBITDA: ₹702.52 crore
- Q4 FY25 EBITDA: ₹189.35 crore
- Growth: 271%
- EBITDA margin: 76%
- Previous margin: 59%
- Profit before tax: ₹683.23 crore
- Growth: 308%
- Net profit: ₹529.77 crore
- Q4 FY25 net profit: ₹135.46 crore
- PAT growth: 291%
Market capitalization: ₹74,000 crore
The stock advanced from around ₹1,041 in April 2025 to nearly ₹2,390 by March 2026. It currently trades at ₹2,893.
3. Billionbrains Garage Ventures (Groww)
Business
Groww operates one of India’s largest digital investment platforms.
Q4 FY26 performance
- Revenue: ₹1,535.5 crore
- Q4 FY25 revenue: ₹849.6 crore
- Growth: 81%
- EBITDA: ₹938.7 crore
- EBITDA growth: 142%
- Net profit: ₹686.4 crore
- PAT growth: 122%
Operational metrics
- Transacting users: 21.6 million
- Customer assets: ₹3 trillion
Market capitalization: ₹1.30 lakh crore
After listing in November, the stock rose from ₹131 to nearly ₹161 by March 2026. It currently trades at ₹207.
4. Aditya Infotech
Business
Aditya Infotech, through the CP Plus brand, provides video surveillance and security solutions.
Q4 FY26 performance
- Revenue: ₹1,422 crore
- Revenue growth: 45.5%
- EBITDA: ₹258.3 crore
- EBITDA growth: 162.4%
- Adjusted net profit: ₹169.1 crore
- PAT growth: 207.7%
The company attributed the improvement to:
- Higher gross margins
- Better operating efficiencies
- Strong demand for surveillance products
Market capitalization: ₹40,000 crore
The stock climbed from around ₹1,082 after listing in August to nearly ₹1,800 by March 2026. It currently trades at ₹3,366.
5. Atlanta Electricals
Business
Atlanta Electricals manufactures transformers used in power transmission, utilities and renewable energy projects.
Q4 FY26 performance
- Revenue: ₹747.6 crore
- Q4 FY25 revenue: ₹411.5 crore
- Growth: 81.7%
- EBITDA: ₹149.6 crore
- Growth: 117.9%
- Net profit: ₹102.2 crore
- Q4 FY25 net profit: ₹44.7 crore
- PAT growth: 128.9%
- EBITDA margin: 20%
- Previous margin: 16.7%
Market capitalization: ₹14,111 crore
Since listing in September 2025, the stock has risen from ₹823 to nearly ₹1,231 by March 2026. It currently trades at ₹1,828.
Snapshot of Q4 FY26 profit growth
| Company | PAT Growth |
|---|---|
| MCX | 291% |
| Aditya Infotech | 207.7% |
| Hindustan Copper | 133.1% |
| Atlanta Electricals | 128.9% |
| Groww | 122% |
TL;DR
MCX, Aditya Infotech, Hindustan Copper, Groww and Atlanta Electricals reported more than 100 percent growth in net profit during Q4 FY26, driven by strong revenues, margin expansion and favourable industry trends.
AI Summary
- Five companies reported over 100% profit growth in Q4 FY26.
- MCX led the list with 291% growth in net profit.
- Aditya Infotech posted a 207.7% rise in earnings.
- Hindustan Copper and Atlanta Electricals delivered profit growth above 125%.
- Groww’s net profit increased 122% year-on-year.