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Syngene shares zoom 17% even as firm’s Q4 net profit drops 19% YoY. What's driving the surge?

Posted on April 30, 2026
By Business News Today
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1 min read

Syngene shares zoom 17% even as firm’s Q4 net profit drops 19% YoY. What's driving the surge?

Syngene shares surged despite a 19% YoY decline in Q4FY26 net profit to Rs 148 crore, as earnings rebounded sharply from Rs 15 crore in the previous quarter. The results included a Rs 20 crore gratuity credit and a Rs 25 crore exceptional loss from employee termination benefits, alongside management changes.