Q4 Results Highlights Today 16th May, 2026: Profit surge for Uno Minda , NHPC, Styrenix, Aarti Drugs and LatentView Analytics; Vodafone Idea, Symphony, Celebrity Fashions, Balrampur Chini disappoint

Quarterly results

Styrenix Q4 profit surges 58% on margin recovery

Styrenix Performance Materials Ltd. reported a sharp rise in quarterly profit on Friday, with standalone net profit jumping 58 per cent year-on-year to ₹84.3 crore in the fourth quarter of FY26, compared to ₹53.2 crore in the same period last year. EBITDA margins expanded significantly to 19.2 per cent from 11.8 per cent, driven by lower input costs and improved operating efficiency. 

Quarterly standalone revenue from operations declined 6.5 per cent to ₹656.4 crore from ₹701.7 crore in Q4 FY25, while total income came in at ₹658.4 crore. Despite the revenue dip, cost of goods sold fell sharply to ₹450.8 crore from ₹520 crore, enabling the strong margin improvement. 

For the full financial year FY26, standalone revenue stood at ₹2,640.3 crore against ₹2,744.4 crore in FY25. Annual EBITDA grew to ₹369.7 crore with a margin of 14 per cent, up from 12.9 per cent. Full-year PAT rose marginally to ₹234.3 crore from ₹232.2 crore. 

On a consolidated basis, which includes the Thailand subsidiary acquired in January 2025, full-year revenue jumped to ₹3,438 crore from ₹2,982 crore. However, consolidated PAT fell to ₹182.8 crore from ₹233.4 crore, weighed down by higher depreciation of ₹114.1 crore and increased finance costs following the acquisition. 

Managing Director Rahul R. Agrawal said the company completed its first full financial year of operations at the Map Ta Phut plant in Thailand on a positive note and expanded its sales presence to Japan, South Korea, and Vietnam. A Phase I capacity expansion of 50,000 TPA for ABS in India is currently underway and progressing on schedule. 

Standalone sales volume for FY26 was 195,000 tonnes, up from 185,400 tonnes in FY25.

Quarterly results

Western Carriers posts ₹388 crore net profit for FY26, revenue crosses ₹1,829 crore

Western Carriers (India) Limited on Saturday reported a standalone net profit of ₹388.16 million for the full year ended March 31, 2026, down sharply from ₹651.28 million in the previous year. Revenue from operations rose 6 per cent year-on-year to ₹18,292.38 million from ₹17,257.20 million. 

The Board of Directors approved the audited standalone and consolidated financial results at a meeting held today in Kolkata, which commenced at 12:15 PM and concluded at 1:55 PM. The results were audited by M/s. D C Dharewa & Co., Chartered Accountants, who issued an unmodified opinion on both standalone and consolidated statements. 

For the quarter ended March 31, 2026, standalone revenue from operations stood at ₹4,957.16 million, up from ₹4,285.79 million in the same quarter last year. However, quarterly net profit declined to ₹82.60 million from ₹140.79 million, reflecting rising operational costs. Total operational expenses for the full year climbed to ₹16,149.54 million from ₹14,897.51 million. 

Profit before tax for the full year fell to ₹527.51 million from ₹878.33 million, with finance costs declining to ₹184.53 million from ₹215.13 million. Basic earnings per share for the year stood at ₹3.81, compared to ₹7.16 in FY25. 

On the balance sheet, total assets grew to ₹12,054.84 million from ₹11,036.27 million. The company’s total equity increased to ₹8,670.23 million. Current borrowings rose to ₹2,107.52 million from ₹1,533.37 million a year ago. 

Regarding IPO proceeds, out of the net ₹3,629.38 million raised, ₹913 million remained unutilised as of March 31, 2026, earmarked for capital expenditure on commercial vehicles and containers, and temporarily parked in fixed deposits. The consolidated results are near-identical to standalone figures, as associate companies contributed a negligible profit of ₹0.01 million. 

Quarterly results

Rolex Rings posts ₹141.1 crore full-year profit despite Q4 loss on exceptional charge

Rolex Rings Limited reported a net profit of ₹1,410.98 million for the year ended March 31, 2026, down from ₹1,739.97 million in the previous year, as a one-time exceptional charge of ₹516.41 million weighed on annual earnings. 

The company swung to a net loss of ₹1.49 million in the January–March 2026 quarter, compared to a profit of ₹546.39 million in the same quarter last year. The quarterly loss was driven by an exceptional expense of ₹491.95 million related to the final settlement of a Right to Recompense (RoR) claim from a consortium of banks, stemming from a corporate debt restructuring concluded in 2013. The company paid ₹1,010 million to settle the matter in full during the quarter. 

Full-year revenue from operations stood at ₹11,434.95 million, marginally lower than ₹11,548.02 million in FY2025. Total income for the year came in at ₹11,937.48 million against ₹11,832.66 million previously. 

On the balance sheet, total assets grew to ₹13,711.46 million from ₹12,822.08 million a year ago. The company is now debt-free on short-term borrowings, having fully repaid ₹141.09 million during the year. Cash and cash equivalents rose to ₹693.06 million from ₹488.81 million. 

Operating cash flow for the year was ₹1,895.85 million, compared to ₹2,272.44 million in FY2025. 

The board had separately approved a share buyback of up to 10 million equity shares at ₹180 per share, for a total outlay not exceeding ₹1,800 million, subject to shareholder approval. 

Quarterly results

Indian Terrain posts ₹377.67 cr revenue in FY26, narrows losses

Indian Terrain Fashions Limited reported revenue from operations of ₹377.67 crore for the financial year ended March 31, 2026, up from ₹340.60 crore in the previous year, a growth of about 11 per cent. 

The company significantly narrowed its net loss to ₹4.91 crore in FY26 from ₹42.66 crore in FY25, marking a substantial turnaround. Pre-tax profit for the full year stood at ₹2.71 crore against a pre-tax loss of ₹41.01 crore in the prior year. Total income for the year came in at ₹381.81 crore versus ₹345.36 crore previously. 

For the quarter ended March 31, 2026, revenue from operations rose to ₹106.53 crore from ₹89.53 crore in the same quarter last year. However, the company reported a net loss of ₹0.90 crore for the quarter, compared to a loss of ₹2.17 crore in Q4 FY25, with a deferred tax charge of ₹4.44 crore weighing on the bottom line. 

Total assets stood at ₹438.98 crore as of March 31, 2026. Trade receivables increased to ₹247.51 crore from ₹236.64 crore, while cash and equivalents fell sharply to ₹0.05 crore from ₹12.85 crore a year ago. Short-term borrowings remained elevated at ₹83.60 crore. 

The company also recognised a provision of ₹3.95 crore during the year toward interest on delayed payments to MSME vendors under the MSMED Act. 

Quarterly results

Aarti Drugs posts 7% revenue growth in FY26, PAT jumps 16%

Aarti Drugs Limited on Saturday reported consolidated revenue of ₹2,567.7 crore for FY26, up 7 per cent from ₹2,403.4 crore in FY25, driven by strong performance in its formulations and specialty chemicals segments. Profit after tax rose 16 per cent year-on-year to ₹194.9 crore, though EBITDA margins edged lower by 50 basis points to 12.1 per cent. 

For the fourth quarter of FY26, revenue came in at ₹721.1 crore, growing 6 per cent over Q4 FY25 and 20 per cent over Q3 FY26. EBITDA was nearly flat year-on-year at ₹96.6 crore, while PAT declined 12 per cent to ₹55.3 crore compared to Q4 FY25, partly due to start-up costs at its new Sayakha facility and weakness in the domestic antibiotics market. 

The Sayakha facility reached a run-rate of approximately 1,000 tonnes per month in March 2026, though temporary ammonia shortages slowed the ramp-up. The company said the facility has now moved into a more stable operating phase. 

Among business segments, formulations grew 33 per cent and specialty chemicals 37 per cent year-on-year for FY26, while the core API segment posted modest 2 per cent growth. The regulated market’s share of total business rose from 66 per cent in FY25 to 73 per cent in FY26, and export contribution increased from 35 per cent to 38 per cent. 

CFO and COO Adhish Patil noted that pricing pressure in select API segments persisted through the first half of FY26 but began stabilizing from September 2025. Raw material costs and logistics expenses also rose due to supply chain disruptions linked to geopolitical tensions in West Asia. 

The Mumbai-based company, which operates 14 manufacturing facilities across Maharashtra, Gujarat, and Himachal Pradesh, said regulatory filings and approvals in the EU and US remain a strategic priority. Management expressed expectations of meaningful improvement in profitability and return ratios in FY27. 

Quarterly results

Bharat Wire Ropes posts ₹72.46 crore net profit for FY26

Bharat Wire Ropes Limited on Saturday reported a net profit of ₹72.46 crore for the financial year ended March 31, 2026, marginally higher than ₹72.30 crore in the previous year. The board approved the audited financial results at its 140th board meeting held at the company’s Mumbai office. 

Revenue from operations for the full year stood at ₹590.54 crore, down from ₹619.32 crore in FY25. Total income for the year came in at ₹591.56 crore against ₹620.12 crore a year ago. For the quarter ended March 31, 2026, the company posted a net profit of ₹16.46 crore on revenue from operations of ₹141.48 crore. 

The board recommended a final dividend on 38,266 unlisted 0.01% Compulsory Convertible Preference Shares at face value of ₹10 each, subject to shareholder approval at the upcoming Annual General Meeting. 

Basic earnings per share for FY26 stood at ₹10.57 against ₹10.59 in the prior year. The company’s total equity rose to ₹810.83 crore from ₹736.58 crore. Total borrowings declined during the year, with qualified borrowings falling from ₹79.65 crore to ₹35.19 crore. The company confirmed it does not qualify as a Large Corporate under SEBI’s framework. 

Quarterly results

LatentView Analytics posts 16.5% revenue jump, reappoints key Directors

Latent View Analytics Limited on Saturday reported consolidated revenue from operations of ₹10,601.92 million for the financial year ended March 31, 2026, a rise of approximately 25 per cent over ₹8,478.43 million in the prior year. Net profit for the full year came in at ₹2,021.24 million, up from ₹1,734.97 million a year earlier. 

For the quarter ended March 31, 2026, the Chennai-based analytics firm posted revenue of ₹2,886.18 million against ₹2,321.77 million in the same period last year. Quarterly net profit stood at ₹550.62 million. Basic earnings per share for the full year were ₹9.59, compared to ₹8.45 previously. 

The board, which met on Saturday and concluded at 2:00 PM IST, approved the audited standalone and consolidated financial results for FY2026. Price Waterhouse Chartered Accountants LLP issued unmodified audit opinions on both sets of results. 

On the governance front, the board approved several reappointments subject to shareholder approval. Independent directors Dr. R. Raghuttama Rao and Mr. Reed Cundiff were each proposed for a second five-year term beginning July 23, 2026. Whole-time directors Mr. A.V. Venkatraman and Ms. Pramadwathi Jandhyala — who are spouses and co-founders of the company — were each proposed for another five-year term beginning August 5, 2026. BDO India LLP was reappointed as internal auditors for FY2027 and FY2028. 

One unresolved matter flagged by auditors concerns a dispute between the company and selling shareholders of Decision Point Private Limited over the purchase consideration for the remaining 20 per cent equity stake. The sellers have claimed ₹2,203.30 million, while the company estimates its maximum liability at ₹703.46 million. The matter remains pending resolution. 

Subsequent to the year end, the company’s US subsidiary executed a SAFE Notes agreement for a strategic investment of approximately ₹279.98 million in Healtheon AI Inc., a healthcare AI firm. 

Quarterly results

Aaron Industries reports ₹679.74 lakh net profit for FY26, declares ₹0.50 dividend

Aaron Industries Limited on Saturday reported a net profit of ₹679.74 lakh for the financial year ended March 31, 2026, down from ₹824.32 lakh in the previous year. The Surat-based manufacturer also recommended a final dividend of ₹0.50 per equity share — a 5 per cent payout on the face value of ₹10 each — subject to shareholder approval at the upcoming Annual General Meeting. 

The board approved the audited standalone financial results at a meeting held at the company’s registered office in Udhana, Surat, which commenced at 11:30 AM and concluded at 12:05 PM. 

Revenue from operations rose to ₹9,200.50 lakh in FY26 from ₹7,793.05 lakh in FY25, reflecting growth of approximately 18 per cent. Profit before tax, however, declined marginally to ₹1,142.12 lakh from ₹1,186.36 lakh. Total expenses increased to ₹8,078.59 lakh from ₹6,628.67 lakh, with cost of materials consumed rising sharply to ₹6,370.73 lakh from ₹4,985.84 lakh. 

The company operates two segments. The Elevator Division generated revenue of ₹6,899.01 lakh, while the Steel Polishing Division contributed ₹2,301.49 lakh. The Steel Polishing Division continued to report a segment loss of ₹1,427.32 lakh for the year. 

On the balance sheet, total assets stood at ₹9,117.84 lakh as of March 31, 2026, up from ₹8,282.42 lakh a year earlier. Total equity improved to ₹4,861.22 lakh from ₹4,302.97 lakh. 

The statutory auditor, D C Jariwala & Co., issued an unmodified opinion on the financial results. The company noted that during the quarter ended September 30, 2025, it issued bonus shares in a 1:1 ratio, doubling the paid-up equity share capital to ₹2,094.65 lakh. Earnings per share for the full year stood at ₹3.27 on a restated basis. 

Quarterly results

Amber Enterprises crosses ₹12,000 cr revenue mark in FY26

Amber Enterprises India Limited reported consolidated revenue of ₹12,186 crore for the financial year ended 31st March 2026, a 22 per cent increase over the previous year, the company announced on Saturday. 

Operating EBITDA for FY26 stood at ₹970 crore, also up 22 per cent year-on-year. Adjusted profit after tax came in at ₹338 crore, growing 22 per cent over the previous year’s adjusted figure. The company noted that these adjusted PAT numbers exclude a one-off exceptional impairment related to its investment in Shivalik and share of loss of a joint venture, totalling ₹112 crore for FY26. 

For the fourth quarter alone, revenue reached ₹4,148 crore, up 10 per cent from the same period last year. Q4 operating EBITDA grew 15 per cent to ₹362 crore, while adjusted PAT for the quarter rose 27 per cent to ₹162 crore. 

Across its three divisions, the Electronics segment was the strongest performer, posting 49 per cent revenue growth in FY26. The Consumer Durables division grew 14 per cent despite what the company described as a challenging room air conditioner season. The Railway Sub-systems and Defence division recorded 19 per cent growth, backed by an order book of over ₹2,600 crore. 

During the year, Amber expanded its electronics business through stake purchases in three companies — Shogini Technoarts, a printed circuit board manufacturer; Power-One, which makes solar inverters, UPS systems and EV chargers; and Unitronics, an Israel-based industrial automation solutions provider. 

The company also secured approvals under the Electronics Component Manufacturing Scheme for PCB manufacturing and received land allotments totalling 116 acres near Jewar Airport in Uttar Pradesh for new manufacturing facilities. 

Managing Director Daljit Singh called FY26 a “remarkable year” for the company in terms of both progression and performance.

Quarterly results

Symphony Limited posts sharp revenue and profit decline in FY26, takes Australia writedown

Symphony Limited, the Ahmedabad-based air cooler manufacturer, reported a steep fall in revenue and profitability for FY2025-26, with consolidated revenue from operations dropping 28 per cent year-on-year to ₹1,131 crore from ₹1,576 crore. EBITDA fell 60 per cent to ₹128 crore, with margins contracting 8.8 percentage points to 11.3 per cent. Profit before exceptional items stood at ₹149 crore, down 54 per cent. 

The March 2026 quarter was similarly weak. Consolidated quarterly revenue fell 31 per cent to ₹338 crore, while standalone revenue dropped 46 per cent to ₹199 crore. Standalone EBITDA for the quarter declined 66 per cent, with margins narrowing to 17 per cent. 

The company attributed the standalone underperformance to a high base effect from March 2025, which had benefited from spillover demand in December 2024. Domestic channel partners remained cautious due to inventory overhangs, and export revenue was dented by geopolitical tensions in the Middle East. Management noted early signs of recovery from April, driven by favorable weather in South and West India, though summer demand in the North and Northeast had yet to pick up. 

In a significant write-off, Symphony took impairments of approximately ₹298 crore at standalone level and ₹259 crore at consolidated level related to its Australian subsidiary, Climate Technologies Pty Ltd (CTPL). The company cited prolonged weakness in Australia’s housing and construction sector, regulatory headwinds on gas-based products, and poor financial performance as reasons for the reset. It confirmed no further capital will be deployed in Australian operations beyond already-approved commitments. 

The board also approved acquisition of CTPL’s intellectual property rights for approximately ₹23 crore and 100 per cent equity in Bonaire USA LLC for approximately ₹30 crore, both funded from internal treasury. 

Despite the difficult year, the board proposed a final dividend of ₹5 per share, taking the total FY26 dividend payout to approximately ₹62 crore. 

Quarterly results

Balrampur Chini Mills posts higher revenue but profits dip in Q4FY26

Balrampur Chini Mills Limited (BCML) reported a 6.67 per cent rise in quarterly revenue from operations to ₹1,603.99 crore in Q4FY26, up from ₹1,503.68 crore a year earlier. However, profits fell sharply, with total comprehensive income declining 30.25 per cent to ₹157.23 crore on a consolidated basis. 

EBITDA for the quarter dropped 22.03 per cent to ₹284.79 crore, reflecting pressure from higher input costs. The U.P. government raised sugarcane prices by approximately 8 per cent year-on-year, from ₹370 per quintal to ₹400 per quintal, squeezing margins. Distillery segment results were also weak, as ethanol procurement prices from juice and B-heavy routes remained unchanged for three consecutive years. 

For the full year FY26, revenue grew 15.80 per cent to ₹6,271.15 crore, while EBITDA rose 5.26 per cent to ₹741.28 crore. Full-year total comprehensive income, however, fell 13.33 per cent to ₹380.35 crore on a consolidated basis. 

On the operational front, sugarcane crushing for the quarter was approximately 1.6 per cent higher year-on-year at 622.2 lakh quintals. For the full season, the company crushed around 1,043 lakh quintals, up 5.2 per cent over the previous season. Gross sugar recovery before diversion stood at 11.59 per cent in Q4FY26, lower by around 9 basis points. 

The company expects to export approximately 0.7 MMT out of its allocated export quota of 1.58 MMT, as the government has banned sugar exports until 30th September 2026. India’s net sugar production post ethanol diversion is estimated at 28 MMT, with closing stock projected at 4.3 MMT. 

BCML’s 80,000-tonne PLA (Poly Lactic Acid) plant, India’s first, is expected to commence operations in Q3FY27 at a revised capital expenditure of ₹3,080 crore. The board has approved raising ₹450 crore through preferential equity shares, with promoters contributing ₹193 crore of that amount without diluting their stake. 

Quarterly results

Celebrity Fashions posts ₹15.72 Cr loss for FY2026, cites US tariff impact

Celebrity Fashions Limited reported a net loss of ₹15.72 crores for the financial year ended March 31, 2026, compared to a loss of ₹18.26 crores in the previous year. .

Revenue from operations rose to ₹172.06 crores in FY2026 from ₹165.26 crores in FY2025, a modest improvement of about 4 per cent. However, total expenses remained elevated at ₹188.20 crores against total income of ₹172.48 crores, keeping the company in the red for the year.

The company disclosed that US tariffs on Indian imports, effective from April 2, 2025, forced it to extend additional discounts and price reductions to retain customers. Though US authorities later withdrew the additional tariff, customers did not reverse the discounts already negotiated. The cumulative impact of these concessions amounted to ₹18.70 crores for the full year and ₹7.01 crores for the fourth quarter alone.

For the quarter ended March 31, 2026, the company posted a loss of ₹1.62 crores on revenue of ₹43.49 crores.

The balance sheet shows accumulated losses of ₹54.93 crores as at March 31, 2026, against ₹39.13 crores a year earlier. Total assets contracted to ₹111.60 crores from ₹147.03 crores. On a positive note, operating cash flow improved sharply to ₹30.74 crores from ₹3.07 crores, driven primarily by reductions in receivables and inventory.

Quarterly results

Textile major Arvind Q4 profit rises 6% to ₹160 crore; board announces ₹4.5/share dividend

Textile major Arvind Q4 profit rises 6% to ₹160 crore; board announces ₹4.5/share dividend

Arvind Limited reports Q4 profit growth of 6% to ₹160 crore and announces ₹4.50/share dividend for FY26.

Quarterly results

ITC Hotels Q4 net jumps 23% at ₹317 crore, plans to acquire Zuri Hotels and Resorts

ITC Hotels Q4 net jumps 23% at ₹317 crore, plans to acquire Zuri Hotels and Resorts

ITC Hotels reports 23% Q4 net profit increase, plans to acquire Zuri Hotels and Resorts for ₹205 crore.

Quarterly results

Thangamayil Jewellery Q4 profit at ₹142 crore, flags gold demand risk on PM call

Thangamayil Jewellery Q4 profit at ₹142 crore, flags gold demand risk on PM call

Thangamayil Jewellery reports ₹142 crore Q4 profit, driven by strong sales, but warns of potential demand decline due to policy changes.

Quarterly results

Tata Steel profit more than doubles to ₹2,965 crore in Q4 on better realisation

Tata Steel profit more than doubles to ₹2,965 crore in Q4 on better realisation

Tata Steel’s Q4 profit more than doubles to ₹2,965 crore, with a ₹4 per share dividend announced amid strong revenue growth.

Quarterly results

ABD posts record annual profit, flags Q4 PAT dip on tax hit

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ABD Q4 Results: PAT falls on tax hit, FY26 profit hits record high

ABD reports record annual profit despite Q4 PAT dip due to tax charges; strong revenue growth and expanding international presence noted.

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Quarterly results

Pearl Global clears ₹5,000 crore revenue mark, posts record profit in FY26

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Pearl Global clears ₹5,000 crore revenue mark, posts record profit in FY26

Pearl Global achieves ₹5,025 crore revenue in FY26, marking record profits and highest quarterly revenue of ₹1,314 crore.

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Quarterly results

Wheels India posts 51% rise in Q4 consolidated net profit; revenue crosses ₹5,000-cr milestone in FY26

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Wheels India posts 51% rise in Q4 consolidated net profit; revenue crosses ₹5,000-cr milestone in FY26

Wheels India Ltd, the Chennai-based automotive component manufacturer, reported a 51 per cent increase in consolidated net profit to ₹58 crore in the fourth quarter ended March 31, 2026 over ₹38 crore for the corresponding quarter last year. Revenue was up 22 per cent to ₹1,564 crore (₹1,371 crore).

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Quarterly results

LT Foods posts 26% revenue jump in FY26, but margins slip on US tariff impact

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LT Foods FY26 revenue rises 26%; margins hit by US tariff impact

LT Foods Limited reported a 26% year-on-year jump in consolidated revenue to ₹11,023 crore for the financial year ended March 31, 2026, driven by broad-based growth across geographies.

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Quarterly results

Alembic Pharmaceuticals Q4 net profit rises 29% to ₹202 crore

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Alembic Pharmaceuticals Q4 profit jumps 29%, announces Rs 12 dividend

Alembic Pharmaceuticals reported a 29% rise in Q4 net profit to Rs 202.7 crore and recommended a Rs 12 dividend for FY26.

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Quarterly results

Fujiyama Power Systems posts 87.5% revenue jump, commissions 2,000 MW Ratlam solar plant

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Fujiyama Power Systems posts 87.5% revenue jump, commissions 2,000 MW Ratlam solar plant

Fujiyama Power Systems reports 87.5% revenue growth and commissions a 2,000 MW solar plant in Ratlam, Madhya Pradesh.

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Quarterly results

Patel Engineering Q4 net profit more than doubles to ₹71 cr

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Patel Engineering Q4 net profit more than doubles to ₹71 cr

Patel Engineering has posted an over two-fold jump in consolidated net profit at Rs 71.49 crore during the March quarter, mainly on account of reduced expenses.

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Quarterly results

GMDC Q4 profit falls 14%; FY26 earnings lifted by ₹522 cr GST-linked ITC gains

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GMDC Q4 profit falls 14%, sees ₹522 Cr GST-linked ITC boost in FY26

Weakness in core mining operations offset strong growth in the company’s power sales during the March quarter.

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Stock down

JSW Steel shares erase early gains, brokerages optimistic after Q4 results

JSW Steel shares erase early gains, brokerages optimistic after Q4 results

JSW Steel shares soar to a 52-week high after strong Q4 earnings, boosting expansion optimism among brokerages.

Stock up

TMPV shares gain over 5% as India PV strength offsets JLR concerns in Q4, brokerages divided

TMPV shares gain over 5% as India PV strength offsets JLR concerns in Q4, brokerages divided

Tata Motors Passenger Vehicles shares rise over 8% as strong India sales offset Jaguar Land Rover concerns; brokerages divided on outlook.

Info tech

Foxconn projects 30% capex growth in 2026 amid robust AI demand

Foxconn projects 30% capex growth in 2026 amid robust AI demand

Foxconn anticipates over 30% capital expenditure growth in 2026, driven by strong AI and cloud demand.