Jai Balaji FY26 net profit falls 76.7% to ₹129.95 crore
Jai Balaji Industries Limited reported a 76.7% decline in net profit to ₹129.95 crore for FY26, with revenue falling to ₹5,784.27 crore. Q4FY26 net profit stood at ₹21.37 crore. The board approved the re-appointment of Shri Sanjiv Jajodia as Whole Time Director and appointed M/s. Agrawal Tondon & Co. as Internal Auditor. The company also disclosed the cessation of a subsidiary and joint ventures.

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Jai Balaji Industries Limited reported a 76.7% decline in net profit to ₹129.95 crore for the financial year ended March 31, 2026, compared to ₹557.88 crore in the previous year. Revenue from operations for FY26 stood at ₹5,784.27 crore, down from ₹6,350.80 crore in FY25. The board approved the audited financial results for the fourth quarter and financial year ended March 31, 2026, at a meeting held on May 30, 2026.
For the quarter ended March 31, 2026, the company reported a net profit of ₹21.37 crore, a significant decrease from ₹75.48 crore in the corresponding period of the previous year. Revenue from operations for Q4FY26 was ₹1,745.17 crore. The financial results include an exceptional item of ₹3.31 crore related to the statutory impact of new Labour Codes, recognized as past service cost for employee benefits.
M/s. Das & Prasad, Chartered Accountants, the Statutory Auditors, issued an audit report with an unmodified opinion on the audited financial results. The board also approved the appointment of M/s. Agrawal Tondon & Co., Chartered Accountants, as the Internal Auditor for the financial year 2026-27.
In a key governance decision, the board approved the re-appointment of Shri Sanjiv Jajodia as the Whole Time Director of the company for a further period of three years, commencing from June 30, 2026, subject to shareholder approval. Shri Jajodia is the brother of Shri Rajiv Jajodia, another Whole-time Director of the company.
Financial Performance Summary
| Metric | FY26 (₹ in crores) | FY25 (₹ in crores) | Change |
|---|---|---|---|
| Revenue from Operations | 5,784.27 | 6,350.80 | Decrease |
| Net Profit | 129.95 | 557.88 | -76.7% |
| Total Expenses | 5,625.70 | 5,640.47 | Decrease |
| Earnings Per Share (Basic) | 1.42 | 6.25 | Decrease |
The company noted that its overseas subsidiary, Kesarisuta Industries Uganda Limited, ceased to be a subsidiary during the year following the publication of a notice of cessation of business in the Uganda Gazette. Additionally, joint venture agreements with Rohne Coal Company Private Limited and Andal East Coal Company Private Limited were terminated or are no longer in force, resulting in the non-submission of consolidated financial results.
Historical Stock Returns for Jai Balaji Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.54% | -3.55% | -7.41% | +5.59% | -32.28% | +685.78% |
What strategic initiatives will Jai Balaji Industries implement to reverse the 76.7% decline in net profit and revenue contraction in FY27?
How will the termination of joint ventures with Rohne Coal and Andal East Coal impact the company's future raw material security and cost structure?
Will the cessation of Kesarisuta Industries Uganda lead to a restructuring of the company's global footprint and capital allocation?


































