Jai Corp FY26 net profit rises 128% to ₹16,927 lakh

2 min read     Updated on 31 May 2026, 04:16 AM
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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 Day5 Days1 Month6 Months1 Year5 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?

Jai Corp Board Meeting Scheduled on May 30, 2026 to Approve FY26 Financial Results and Final Dividend

1 min read     Updated on 05 May 2026, 01:05 PM
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Jai Corp has informed stock exchanges of a Board of Directors meeting scheduled for May 30, 2026, to approve audited standalone and consolidated financial results for the year/quarter ended March 31, 2026. The board will also consider recommending a final dividend on equity shares for the financial year 2025-26. The company's trading window has been closed since April 1, 2026, and will remain shut until 48 hours after the financial results are declared, in compliance with SEBI's Insider Trading Regulations.

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Jai Corp has notified the stock exchanges of an upcoming Board of Directors meeting, pursuant to Regulations 29(1)(a)/(e) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting is scheduled to be held on Saturday, May 30, 2026, and will take up key financial and shareholder-related matters for the financial year 2025-26.

Board Meeting Agenda

The Board will convene to address the following key items:

Agenda Item: Details
Meeting Date: Saturday, May 30, 2026
Financial Results: Audited standalone and consolidated results for the year/quarter ended March 31, 2026
Dividend Consideration: Final dividend recommendation on equity shares for FY 2025-26

The intimation was filed with BSE Limited and the National Stock Exchange of India Limited on May 05, 2026, in compliance with applicable listing regulations.

Trading Window Closure

In line with the company's Code of Conduct to Regulate, Monitor and Report Trading by Insiders — formulated under Regulation 9 in Chapter IV read with Schedule B of the SEBI (Prohibition of Insider Trading) Regulations, 2015 — the trading window for shares of the company has been closed since April 1, 2026. The trading window will reopen upon the expiry of 48 hours after the declaration of the financial results.

The intimation was signed by the Company Secretary on behalf of Jai Corp, confirming the regulatory filing in accordance with applicable SEBI guidelines.

Historical Stock Returns for Jai Corp

1 Day5 Days1 Month6 Months1 Year5 Years
-1.00%-2.73%-1.85%-18.70%+0.57%-1.18%

How might Jai Corp's FY 2025-26 financial results compare to the previous year, and what key revenue or profitability trends should investors watch for?

What factors could influence the Board's decision on the final dividend amount, and how does Jai Corp's dividend history signal its capital allocation strategy going forward?

How could the announcement of audited results and dividend declaration impact Jai Corp's stock price movement once the trading window reopens?

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1 Year Returns:+0.57%