Results - Announcements
Jay Shree Tea & Industries Ltd share price inched up 1.31% to Rs 84.83 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, climbing 10.83%. It has eased by 0.26% over last one week and dipped slightly by 1.69% in last one month while the market capitalization of Jay Shree Tea & Industries Ltd has marginally improved by 3.45% and 7.68% in the same period respectively.
Profit before tax (PBT) of Jay Shree Tea & Industries Ltd stood at Rs 16.62 crore in Q2 FY27, tumbling by 15.12% year-on-year, and tanking 379.80% quarter-on-quarter. EBITDA came in at Rs 31 crore, declining 8.20% YoY and surging by 2937.62% sequentially.
Total expenses witnessed a sharp rise of 20.04% to Rs 247.67 crore in Q2FY27 over Q2FY26. During the quarter, cost of materials consumed stood at Rs 34.02 crore, inching up 9.28% YoY, while employee benefits expense was at Rs 85.76 crore, witnessing a strong rise of 14.73% YoY.
For FY26, revenue from operations posted a slight growth of 8.39% to Rs 930.12 crore, while net profit witnessed a sharp fall of 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 tumbled 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 10.11% in last one year, underperforming the benchmark BSE Sensex which has softened by 3.42% during the same period.