Jyoti Limited reported a standalone net profit of ₹5.11 crore for the quarter ended June 30, 2026, a decline of 12.2% from ₹5.82 crore in the corresponding period of FY25. Consolidated net profit fell 13.1% to ₹5.23 crore, compared to ₹6.02 crore a year ago.

Revenue from operations increased 8.4% to ₹74.90 crore, up from ₹69.11 crore in Q1FY25. The company’s Board of Directors approved the unaudited financial results on August 14, 2026, following a limited review by statutory auditors Amin Parikh & Co.

Financial Performance

The company logged a standalone EBITDA of ₹6.63 crore, up from ₹4.35 crore in the prior-year quarter. However, net profit margins contracted as other income dropped significantly and tax expenses rose.

Consolidated figures mirrored the standalone trend, with EBITDA rising to ₹6.63 crore from ₹4.35 crore. The share of profit from its joint venture, Jyoti Sohar Switchgear LLC, contributed ₹0.12 crore, down from ₹0.20 crore in Q1FY25.

What the Numbers Show

A divergence emerged between operating performance and bottom-line results. While EBITDA grew 52.4% year-on-year, net profit declined due to a sharp drop in other income and higher tax outflows. Other income fell to ₹0.73 crore from ₹2.69 crore in Q1FY25, representing a reduction of nearly 73%. Simultaneously, current tax expense rose to ₹1.70 crore from nil in the prior-year quarter, indicating a shift in taxable income structure or timing of tax provisions.

Corporate Governance & Compliance

The Board scheduled the 82nd Annual General Meeting for September 24, 2026, to be conducted via video conferencing or other audio-visual means.

The company disclosed a regulatory compliance issue regarding a one-day delay in submitting related-party transaction disclosures for the half-year ended March 31, 2026, under Regulation 23(9) of SEBI’s Listing Obligations and Disclosure Requirements Regulations, 2015. BSE Limited levied a fine of ₹5,900, inclusive of GST, which Jyoti Limited paid on July 1, 2026. The Board advised the Company Secretary to ensure timely compliance in future filings.

Jyoti Limited has secured purchase orders worth ₹952 Lakhs from Megha Engineering & Infrastructures Ltd for the supply of industrial equipment. The order entails the design, manufacture, and supply of 6 VT Pumps with a capacity of 1.823 cumecs and 6 HT Motors of 2600 KW, along with mandatory spares. This equipment is designated for the Mukthiyala LIS project located in Andhra Pradesh.

The order was awarded by a domestic entity, and the contract value excludes GST. The execution timeline is set for completion within 24 weeks from the date of receipt of approved drawings and manufacturing clearance. The company confirmed that the order does not involve any related party transactions and that the promoter group has no interest in the entity awarding the contract.

Order Details

The significant terms and conditions of the contract specify that payment will be made 100% against a 60-day Letter of Credit, requiring a 10% Performance Bank Guarantee. The contract includes costs for packing, forwarding, freight, and insurance. GST is applicable extra at 18%. The equipment carries a guarantee period of 42 or 36 months from the date of supply or commissioning of materials.