Results - Announcements
Jain Irrigation Systems Ltd share price ticked higher by 1.72% to Rs 28.46 after the company's net profit witnessed a sharp fall of 201.18% to Rs 18.01 crore, while revenue from operations slightly gained 4.53% to Rs 1576.66 crore in Q3FY26 over Q2FY26.
The market capitalization of Plastic Products - Industrial industry group stocks on BSE stood at Rs 1.45 lakh crore, easing 5.70%. It has inched up 1.59% over last one week and dipped slightly by 4.09% in last one month while the market capitalization of Jain Irrigation Systems Ltd has sharply increased by 15.97% and 11.24% in the same period respectively.
Profit before tax (PBT) of Jain Irrigation Systems Ltd stood at Rs 17.92 crore in Q3 FY26, gaining 0.73% year-on-year, and plunging by 284.17% quarter-on-quarter. EBITDA came in at Rs 207 crore, rising 6.84% YoY and jumping 33.81% sequentially.
Total expenses posted a minor rise of 1.77% to Rs 1442.9 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 887.37 crore, slightly declining by 4.15% YoY, while employee benefits expense was at Rs 212.86 crore, inching up 2.52% YoY.
For the TTM ended FY26, revenue from operations advanced 10.73% to Rs 6399.52 crore, while net profit plunged by 255.66% to Rs 39.99 crore, compared to previous TTM. EBITDA soared by 73058% to Rs 795.13 crore, and PBT collapsed by 57.83% to Rs 19.6 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 618.77 crore in FY26, as against Rs 793.77 crore in FY25.
Jain Irrigation Systems Ltd nosedived by 44.32% in last one year, underperforming the benchmark BSE Sensex which has eased by 8.41% during the same period.