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EMS Limited shares declined more than 9% in early trade on June 1, 2026, after the company reported a sharp year-on-year decline in its fourth-quarter earnings. Weak revenue growth, lower operating profitability, and a steep drop in net profit weighed on investor sentiment, pushing the stock lower during the morning session.
As of 10:53 AM, EMS shares were trading near the day's low after witnessing significant selling pressure following the earnings announcement.
For the quarter ended March 2026, EMS reported consolidated revenue of Rs 120.5 crore, down 55.4% from Rs 269.8 crore reported in the corresponding quarter last year.
The company's operating performance also weakened considerably. EBITDA stood at Rs 18.3 crore, registering a decline of 71.8% compared to Rs 64.8 crore in the year-ago period.
EBITDA margin contracted sharply to 15.2% from 24.0%, indicating pressure on operational efficiency and profitability.
Net profit for the quarter came in at Rs 5.6 crore, marking a steep decline of 88.0% from Rs 46.6 crore reported in the same quarter of the previous financial year.
Stock Performance
The weak quarterly performance triggered a sharp reaction in the stock market.
EMS shares touched an intraday low of Rs 290.65, while the day's high stood at Rs 303.45. The stock opened at Rs 296.05 against its previous closing price of Rs 326.10.
The counter witnessed strong trading activity with a live volume of 4.37 lakh shares as of 10:53 AM.
Despite the recent correction, the stock remains above its 52-week low of Rs 256.05. However, it has fallen significantly from its 52-week high of Rs 655.00, reflecting the broader weakness seen in the stock over the past several months.
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