Jyoti CNC Automation reported a 21% year-on-year decline in consolidated net profit to ₹57.14 crore for the quarter ended June 30, 2026 (Q1FY27), as rising employee and finance costs offset revenue growth. Standalone net profit, however, rose 21% to ₹87.47 crore, reflecting resilience in domestic operations. The Board of Directors approved the financial results on August 07, 2026, following a limited review by statutory auditors G.K. Choksi & Co., who issued an unmodified opinion.

Consolidated revenue from operations rose 24% to ₹508.47 crore, up from ₹410.17 crore in Q1FY26, while standalone revenue grew 37% to ₹509.06 crore from ₹372.32 crore. On the standalone basis, EBITDA improved to ₹138 crore from ₹98.80 crore, with EBITDA margin expanding to 27.24% from 26.58% year-on-year, indicating stronger operating efficiency in domestic operations. Despite this, consolidated total expenses increased sharply by 31% to ₹439.04 crore, with employee costs surging 29% to ₹93.27 crore and finance costs more than doubling to ₹24.34 crore from ₹12.18 crore. The company's consolidated earnings per share (EPS) dropped to ₹2.51 from ₹3.14 in the same period last year.

Key Financial Metrics

The following table summarizes the key financial performance indicators across consolidated and standalone segments:

Operational and Legal Developments

The auditor's report highlights ongoing judicial investigations in France against step-down subsidiary Huron Graffenstaden SAS. Authorities suspect the export of machines with dual-use technology in violation of European Union laws. Interim measures include restrictions on the Director General's duties, control over export licenses, and the seizure of funds totaling Euro 3.02 million and two residential properties owned by Jyoti SAS. The management maintains that no impairment is warranted for investments in subsidiaries, citing expected business recovery.

What the Numbers Show

While standalone operations demonstrated resilience — with a 21% profit increase and EBITDA margin expansion to 27.24% — the consolidated results reveal significant margin pressure from international subsidiaries. The 31% rise in consolidated expenses outpaced the 24% revenue growth, indicating operational inefficiencies or cost inflation abroad. Specifically, the doubling of finance costs suggests increased leverage or interest rate impacts on foreign debt, while the 29% jump in employee costs points to potential wage revisions or headcount expansion in overseas units.

Anil B. Virani, a promoter of Jyoti CNC Automation Limited , has confirmed that no encumbrances were created on the company's securities during the financial year ended March 31, 2026. The declaration provides assurance to shareholders regarding the status of the promoter's holdings and associated liabilities for FY26.

In a disclosure submitted to BSE Limited and National Stock Exchange of India Limited, Virani stated that all prior encumbrances had been disclosed as required. He further confirmed that neither he nor any persons acting in concert with him had made any encumbrances, directly or indirectly, during the financial year.

The confirmation was provided in compliance with Regulation 31(4) of the Securities & Exchange Board of India (Substantial Acquisition and Takeover Code) Regulations, 2011. This regulation mandates promoters to disclose details of any encumbrance on shares held by them or persons acting in concert.

The communication was addressed to the stock exchanges and copied to the Audit Committee of Jyoti CNC Automation Limited. The company is headquartered at G - 506, Lodhika GIDC, Kalawad Road, Metoda, Rajkot.