Jai Corp FY26 net profit rises 128% to ₹16,927 lakh
Jai Corp reported a 128% rise in consolidated net profit to ₹16,927 lakh for FY26, with total income increasing to ₹66,645 lakh. The Board recommended a final dividend of Re. 0.50 per share and approved the re-appointment of key directors and auditors. The auditors issued a qualified opinion on the consolidated results due to missing associate data and overdue inter-corporate deposits.

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Jai Corp reported a consolidated net profit of ₹16,927 lakh for the financial year ended March 31, 2026, rising 128% from ₹6,647 lakh in the previous year. Total income for the year increased to ₹66,645 lakh from ₹55,954 lakh in FY25, while total expenses stood at ₹47,180 lakh. The Board of Directors recommended a final dividend of Re. 0.50 per share on 17,55,04,995 fully paid-up equity shares of face value Re.1/- each for the financial year 2025-26. The auditors issued a qualified opinion on the consolidated financial results, while the standalone results received an unmodified opinion.
Financial Performance
For the year ended March 31, 2026, the company reported a total income of ₹66,645 lakh, compared to ₹55,954 lakh in the prior year. Total expenses for the period stood at ₹47,180 lakh. On a standalone basis, the net profit for the year was ₹16,339 lakh, up from ₹7,171 lakh in FY25. Revenue from operations for the year was ₹50,387 lakh, slightly lower than the ₹51,195 lakh recorded in the previous year.
Key Financial Metrics (Consolidated)
| Metric: | FY26 (₹ in Lakh) | FY25 (₹ in Lakh) |
|---|---|---|
| Total Income | 66,645 | 55,954 |
| Total Expenses | 47,180 | 47,656 |
| Net Profit | 16,927 | 6,647 |
| Earnings Per Share (Basic) | 9.64 | 3.76 |
Q4 Performance (Consolidated)
The latest quarterly figures reflect a notable improvement in operating profitability even as revenue and net profit declined year-on-year. Q4 EBITDA rose to 159M rupees from 102M rupees in the same period of the prior year, with the EBITDA margin expanding significantly to 13.20% from 7.55%. The following table summarises the Q4 consolidated performance:
| Metric: | Q4 Current Year | Q4 Prior Year (YoY) |
|---|---|---|
| Revenue | 1.21B Rupees | 1.35B Rupees |
| EBITDA | 159M Rupees | 102M Rupees |
| EBITDA Margin | 13.20% | 7.55% |
| Net Profit | 207M Rupees | 233M Rupees |
Board Decisions
The Board approved the audited standalone and consolidated financial results for FY26. In addition to the dividend recommendation, the Board commended the re-appointment of Mr. Virendra Jain, Vice Chairman, and Mr. Dinesh D. Paliwal, Executive Director. The re-appointment of Kakaria and Associates LLP as the Internal Auditor and Tadhani and Co. as the Cost Auditor for the financial year 2026-27 was also approved. No dividend was recommended on the 44,600 equity shares forfeited but not cancelled or re-issued.
Audit Qualifications and Notes
Chaturvedi & Shah LLP, the statutory auditor, issued an unmodified opinion on the standalone financial results. However, the audit report on the consolidated financial results contained a qualified opinion. The qualifications relate to the non-inclusion of financial results for the associate company Urban Infrastructure Holding Private Limited and interest accrued and due of ₹2,147 lakh on inter-corporate deposits given by a subsidiary, which are overdue and subject to legal proceedings. The company recognised an exceptional item of ₹141.33 lakh for the current year as the "Impact of New Labour Codes", relating to incremental estimated obligations on account of employee past services based on actuarial valuation. The Spinning Division continues to be treated as a discontinuing operation.
Historical Stock Returns for Jai Corp
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.00% | -2.73% | -1.85% | -18.70% | +0.57% | -1.18% |
What is the expected timeline for resolving the legal proceedings regarding the overdue inter-corporate deposits?
How will the discontinuation of the Spinning Division impact revenue streams in the next fiscal year?
What specific measures is management taking to address the audit qualifications regarding the associate company?

































