Jayshree Chemicals Limited returned to profitability in the quarter ended June 30, 2026, reporting a net profit of ₹7.34 lakh. This marks a reversal from the net loss of ₹2.49 lakh recorded in the corresponding quarter of the previous year. Revenue from operations for Q1FY27 stood at ₹656.21 lakh, an increase from ₹422.86 lakh in the year-ago period, driven primarily by the Trading Division.

The Board of Directors approved the unaudited financial results for the quarter during a meeting held on July 16, 2026. M/s. AMK & Associates, the statutory auditors, issued a Limited Review Report confirming the results. The company noted that it does not have any subsidiaries, associates, or joint ventures, and therefore, consolidated financial statements were not required.

Financial Performance

The company’s total income for the quarter rose to ₹681.23 lakh, up from ₹442.06 lakh in Q1FY26. Total expenses increased to ₹668.94 lakh from ₹456.21 lakh in the same period last year. Profit before exceptional items and tax was reported at ₹12.29 lakh. An exceptional item of ₹4.95 lakh was recorded during the quarter, relating to expenses for the sale of a caustic soda manufacturing plant to Grasim Industries Ltd.

Board and Governance Changes

In a significant governance shift, the board appointed Shri Satish Kapur as an Additional Director in the Independent category effective July 16, 2026, for a term of five years subject to shareholder approval. Concurrently, Independent Director Shri Rishi Bajoria resigned from his position effective the close of business hours on July 16, 2026, citing personal reasons.

Following these changes, the board reconstituted the Audit Committee and the Nomination & Remuneration Committee. The Audit Committee now includes Shri Krishna Kumar Kothari as Chairman, Shri Rajesh Kumar Singhi, Shri Satish Kapur, and Smt. Arpita Chakraverti Saha as members. The Nomination & Remuneration Committee comprises Shri Krishna Kumar Kothari as Chairman, Shri Virendraa Bangur, and Shri Satish Kapur.

Re-appointment and AGM Schedule

The board approved the re-appointment of Shri Rajesh Kumar Singhi as Whole-time Director for a further term of two years effective February 11, 2027, subject to shareholder approval. The company scheduled its 64th Annual General Meeting for September 1, 2026, via video conferencing. The register of members will remain closed from August 26, 2026, to September 1, 2026.

Jayshree Chemicals Limited announced its audited financial results for the quarter and year ended 31st March 2026, as approved by the Board of Directors at their meeting held on 13th May 2026. The results were reviewed by the Audit Committee and carry an unmodified audit opinion from statutory auditors M/s AMK & Associates (Firm Registration No. 327817E). The financial statements have been prepared in accordance with Indian Accounting Standards (IndAS) under Section 133 of the Companies Act, 2013, and in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance Overview

The company's continuing operations — driven entirely by its Trading Division — recorded revenue from operations of ₹2,091.07 lakhs for the year ended 31st March 2026, compared to ₹1,619.27 lakhs in the previous year. Including other income of ₹96.05 lakhs (vs. ₹82.89 lakhs), total income for the full year stood at ₹2,187.12 lakhs against ₹1,702.16 lakhs in FY25. The following table summarises the key financial metrics:

Earnings Per Share

The earnings per share (EPS) figures (not annualised, face value ₹10/- each) for the periods are presented below:

Discontinued Operations and Segment Performance

The company completed the slump sale of its Windmill Division to M/s Vaishnav Wind Infra Pvt. Ltd. on 2nd July 2025 at a cash consideration of ₹276.00 Lakhs, following approval by the Board on 24th April 2025 and subsequent member approval at the Annual General Meeting held on 10th June 2025. Additionally, the Board approved the closure of the Electric Division on 24th April 2025, citing its insignificant contribution to revenue and net assets. As a result, both divisions are classified under discontinued operations, and the financial results for all reported periods have been presented accordingly. The segment revenue from the Electric Division for the year ended 31st March 2026 was ₹34.97 lakhs, compared to ₹69.34 lakhs in FY25.

Balance Sheet Highlights

The company's total assets stood at ₹1,770.68 lakhs as at 31st March 2026, compared to ₹1,811.46 lakhs as at 31st March 2025. Total equity was ₹1,045.20 lakhs (vs. ₹1,016.02 lakhs), while total liabilities were ₹725.48 lakhs (vs. ₹795.44 lakhs). Key balance sheet items are summarised below:

Cash Flow Summary

For the year ended 31st March 2026, net cash used in operating activities was ₹(133.63) lakhs, compared to ₹(76.39) lakhs in FY25. Net cash from investing activities was ₹157.11 lakhs (vs. ₹50.41 lakhs in FY25), supported by proceeds from the slump sale of the Windmill Division of ₹273.24 lakhs. Net cash used in financing activities was ₹(30.00) lakhs, resulting in a net decrease in cash and cash equivalents of ₹(6.52) lakhs, with closing cash and cash equivalents at ₹5.92 lakhs.

Internal Auditor Re-Appointment

In compliance with Regulation 30 of the SEBI (LODR) Regulations, 2015, the Board re-appointed M/s Chetan & Co., Chartered Accountants (Firm Registration No. 321151E), as the Internal Auditor of the company for the financial year 2026-27. Key details of the appointment are as follows:

The company also confirmed that it does not qualify as a Large Corporate as per the applicability criteria under the relevant SEBI circulars. The exceptional item for the year ended 31st March 2026 comprises ₹17.22 Lakhs in expenses related to the sale of the caustic soda manufacturing plant to Grasim Industries Ltd. (formerly Aditya Birla Chemical (India) Ltd.) during FY 2015-16.