Jai Corp Limited has made several significant announcements following its recent board meeting, including a special interim dividend, appointment of a new independent director, and recommendations for the upcoming Annual General Meeting.

Special Interim Dividend and Final Dividend

The Board of Directors of Jai Corp Limited has declared a special interim dividend of Rs. 5.00 per share on 17,55,04,995 fully paid-up equity shares for the financial year 2025-26. This dividend will be payable to shareholders on the record date of August 1, 2025. Additionally, the board has recommended a final dividend of Re. 0.50 per share for the financial year 2024-25.

It's worth noting that no dividend has been recommended for the 44,600 equity shares that have been forfeited but not cancelled or re-issued.

New Independent Director Appointment

In a move to strengthen its leadership, Jai Corp Limited has appointed Mr. Amit K. Mundra as an additional non-executive independent director for a term of five years, effective from July 26, 2025. This appointment is subject to shareholder approval at the upcoming Annual General Meeting.

Mr. Mundra brings over 23 years of experience to the board, with expertise in corporate finance, system audit, investigation, and specialized monitoring assignments. He is a Fellow Member of the Institute of Chartered Accountants of India.

Changes in Board Committees

Following his appointment, Mr. Amit K. Mundra has also been named a member of the Nomination and Remuneration Committee, effective immediately.

Re-appointment of Chairman

The board has recommended the re-appointment of Mr. Anand Jain, the current Chairman and a non-executive promoter director, who is set to retire by rotation at the upcoming 40th Annual General Meeting.

Regulatory Compliance Note

During the board meeting, the company acknowledged a fine imposed by BSE Limited. While the details of the fine were not disclosed, the company has taken note of this regulatory action.

Conclusion

These announcements reflect Jai Corp Limited's commitment to shareholder value and corporate governance. The special interim dividend, in particular, signals a positive financial outlook for the company. Shareholders and potential investors will be keen to see how these developments impact the company's performance in the coming months.

Jai Corp , a diversified Indian company, has released its fourth-quarter financial results, revealing a mixed performance with revenue growth but a decline in profitability metrics.

Revenue Growth

Jai Corp reported a revenue increase for the fourth quarter, with the top line rising to ₹1.35 billion, up from ₹1.23 billion in the same quarter last year. This represents a year-over-year growth of approximately 9.80%, indicating improved sales performance despite challenging market conditions.

EBITDA and Margin Contraction

Despite the revenue growth, the company experienced a significant decline in its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). For Q4, Jai Corp's EBITDA stood at ₹102.00 million, a substantial decrease from ₹170.60 million reported in the corresponding quarter of the previous year.

The EBITDA margin also saw a considerable contraction:

This decline in EBITDA and margin suggests that the company faced increased operational costs or pricing pressures during the quarter, which offset the benefits of revenue growth.

Net Profit Performance

Jai Corp's consolidated net profit for the fourth quarter remained relatively stable year-over-year but showed improvement on a sequential basis:

The marginal year-over-year decrease in net profit (approximately 0.51%) indicates that the company managed to maintain its bottom line despite the significant drop in EBITDA. This could be attributed to factors such as lower interest expenses, tax benefits, or other non-operating income.

The sequential increase in net profit from ₹124.00 million in Q3 to ₹233.00 million in Q4 represents a substantial quarter-over-quarter growth of about 87.90%, suggesting a strong finish to the fiscal year.

Conclusion

Jai Corp's Q4 results present a complex picture of the company's performance. While revenue growth is a positive sign, the decline in EBITDA and EBITDA margin raises concerns about operational efficiency and cost management. The stable year-over-year net profit, coupled with strong sequential growth, indicates resilience in the company's overall financial management.

Investors and analysts will likely be watching closely to see how Jai Corp addresses the challenges in its operational performance while capitalizing on its ability to drive revenue growth in the coming quarters.