Q1 results impact: HBL Engg shares rally 13%; Afcons Infra rises 4%, Olectra Greentech gains 2.5%

Q1 results impact: HBL Engg shares rally 13%; Afcons Infra rises 4%, Olectra Greentech gains 2.5%

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Shares of HBL Engineering rose on August 11 post-June quarter results while those of Afcons Infra increased 4% and Concord Biotech stock fell 3%.

HBL Engineering

Shares of HBL Engineering rose 13% to a high of Rs 678, the highest level since December 20, after both its net profit and revenue posted impressive jump in the June quarter. At 11:15 am, the stock was trading 12% higher at Rs 674 and was the top gainer in the Nifty 500.

The engineering company's consolidated net profit soared 79% year-on-year to Rs 143 crore. Its consolidated revenue also rose 16% on an annual basis to Rs 602 crore. With sales from its biggest segment, industrial batteries, was broadly stable on year, growth was driven by sales from its electronics segment more than doubling year-on-year to Rs 1,804 crore.

The firm's EBITDA rise 75% to Rs 192 crore in Q1FY26 and EBITDA margin expanded to 31.88% in Q1FY26 as compared to 21.24% in Q1FY25.

A rub-off effect was seen in HBL's peer Kernex Microsystems (India) Limited as its shares rose 4% to trade at Rs 1,130 apiece.

Afcons Infra

Afcons Infrastructure, on August 8, reported 50% jump in net profit at Rs 137 crore for the quarter ended June 30, 2025.

Total Income reached Rs 3,419 crore in Q1FY26, up 6.4% YoY. EBITDA for the quarter jumped to Rs 445 Cr, reflecting a 20% YoY growth. The corresponding EBITDA margin surged by 144 bps YoY to 13%.

Consequently, at 11:26 am on August 11, shares of Afcons Infra were trading 4.3% higher at Rs 424.2 apiece.

Subramanian Krishnamurthy, Executive Vice Chairman (Whole-time Director) said, “Afcons Infrastructure has started the new financial year with a positive set of results, which positions us well for the rest of FY26. We have delivered good growth in our profitability metrics. In Q1FY26, our total income reached Rs 3,419 crore, reflecting top-line growth of 6.4% year-on-year. The corresponding EBITDA grew by 20% year-on-year, with margins expanding to 13.0% vs 11.6% achieved in Q1FY25.

"Our profit after tax grew by 50% year-on-year, and PAT margins improved by 110 bps to reach 4% vs 2.9% in Q1FY25. This reflects the robustness of our business model. The order inflow of Rs 1,093 crore led to a pending order book of Rs 35,311 crore, excluding L1 projects worth RS 21,556 crore (as on date). Our order book continues to remain high quality and healthy with a book to bill ratio of 2.6x, providing a good near-term revenue visibility. Our sustained efforts to make an entry in European markets bore fruits with us becoming L1 in multiple large orders in Croatia. This is in-line with our strategy of focusing on large orders and expanding our presence in overseas markets."

Olectra Greentech:

Shares of Olectra Greentech rose 2.5% on August 11 after the EV bus maker reported 8% jump in consolidated net profit at Rs 26 crore for the quarter ended June 30, 2025. Its revenue rose 12% to Rs 348 crore in Q1FY26 as against Rs 310 crore in Q1FY25.

The firm's EBITDA increased 9% to Rs 48 crore in Q1FY26.

At 12 pm on August 11, Olectra Greentech shares were trading 2.7% higher at Rs 1,443 apiece.