Results - Announcements
Jay Shree Tea & Industries Ltd share price ticked higher by 0.05% to Rs 83.73 after the company's net profit plunged by 379.80% to Rs 16.62 crore, while revenue from operations increased sharply by 32.49% to Rs 273.15 crore in Q2FY27 over Q2FY26.
The market capitalization of Tea & Coffee industry group stocks on BSE stood at Rs 1.29 lakh crore, rising 9.76%. It has improved by 0.37% over last one week and softened by 1.07% in last one month while the market capitalization of Jay Shree Tea & Industries Ltd has marginally improved by 2.11% and 8.88% in the same period respectively.
Profit before tax (PBT) of Jay Shree Tea & Industries Ltd stood at Rs 16.62 crore in Q2 FY27, plunging by 15.12% year-on-year, and tumbling by 379.80% quarter-on-quarter. EBITDA came in at Rs 31 crore, declining 8.20% YoY and surging by 2937.62% sequentially.
Total expenses soared by 20.04% to Rs 247.67 crore in Q2FY27 over Q2FY26. During the quarter, cost of materials consumed stood at Rs 34.02 crore, posting a minor increase of 9.28% YoY, while employee benefits expense was at Rs 85.76 crore, surging 14.73% YoY.
For FY26, revenue from operations inched higher 8.39% to Rs 930.12 crore, while net profit tanked by 132.07% to Rs 25.06 crore, compared to previous FY. EBITDA saw a sharp decline of 2529% to Rs 5.13 crore, and PBT collapsed by 130.43% to Rs 23.73 crore compared to previous FY.
The company's consolidated net cash flow from operating activities stood at Rs 45.69 crore in FY26, as against Rs 42.51 crore in FY25.
Jay Shree Tea & Industries Ltd nosedived by 11.55% in last one year, underperforming the benchmark BSE Sensex which has slipped by 3.03% during the same period.