Jai Corp Limited Reports Strong Q2 Performance with Significant Profit Growth

1 min read     Updated on 14 Nov 2025, 03:55 AM
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Shriram ShekharScanX News Team
Overview

Jai Corp Limited announced its Q2 FY2026 results, showing stable quarterly profit of Rs. 24.53 crores but significant half-year profit growth of 240% to Rs. 128.57 crores. Plastic processing segment remained the primary revenue generator with Rs. 142.69 crores turnover. Real estate segment saw growth, contributing Rs. 3.67 crores. Consolidated results showed total income of Rs. 166.26 crores and profit before tax of Rs. 33.97 crores. The company's balance sheet reported total assets of Rs. 1,516.28 crores. The board acknowledged fines imposed by stock exchanges due to delay in appointing an independent director.

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*this image is generated using AI for illustrative purposes only.

Jai Corp Limited , a diversified company with interests in plastic processing, real estate, and other sectors, has announced its financial results for the quarter ended September 30, 2025, showcasing a robust performance with significant profit growth.

Financial Highlights

The company reported a standalone profit of Rs. 24.53 crores for the quarter, compared to Rs. 24.77 crores in the same quarter last year. While the quarterly profit remained relatively stable, the half-year profit saw a substantial increase, reaching Rs. 128.57 crores versus Rs. 37.78 crores in the previous year, marking a remarkable 240% growth.

Segment Performance

Jai Corp's financial results reveal strong performances across its key business segments:

Plastic Processing

This segment continued to be the primary revenue generator, with a turnover of Rs. 142.69 crores for the quarter, showing steady growth from the previous quarter's Rs. 130.46 crores.

Real Estate

The real estate segment contributed Rs. 3.67 crores to the revenue, significantly up from Rs. 0.79 crores in the previous quarter, indicating a potential uptick in the company's real estate activities.

Consolidated Results

On a consolidated basis, Jai Corp Limited's performance was even more impressive:

Metric Q2 FY2026 Q2 FY2025
Total income Rs. 166.26 crores Rs. 143.72 crores
Profit before tax (continuing operations) Rs. 33.97 crores Rs. 21.85 crores
Earnings per share (EPS) for continuing operations Rs. 1.53 Rs. 0.96

Balance Sheet Strength

As of September 30, 2025, Jai Corp's consolidated balance sheet showed:

  • Total assets of Rs. 1,516.28 crores
  • Total equity attributable to equity holders of Rs. 1,456.31 crores

Management Commentary

During their meeting held on November 13, 2025, the company's board acknowledged fines imposed by BSE Limited and National Stock Exchange of India Limited. The board expressed regret for the delay in finding a suitable candidate as an independent director and emphasized the need for greater care in ensuring compliance.

Conclusion

Jai Corp Limited's Q2 FY2026 results demonstrate the company's resilience and growth potential, particularly evident in its half-yearly performance. The significant increase in profits, coupled with strong segment-wise performance, positions the company well for continued growth. However, investors should note the compliance issues acknowledged by the board and monitor how the company addresses these going forward.

Note: All figures are based on the unaudited financial results for the quarter and half-year ended September 30, 2025, as reported by the company.

Historical Stock Returns for Jai Corp

1 Day5 Days1 Month6 Months1 Year5 Years
+0.42%-2.98%-5.03%+64.66%-48.92%+72.50%
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Jai Corp Limited Appoints New Independent Director and Declares Dividends

2 min read     Updated on 26 Jul 2025, 05:24 PM
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Reviewed by
Shriram ShekharScanX News Team
Overview

Jai Corp Limited has appointed Mr. Amit K. Mundra as an independent director for a five-year term starting July 26, 2025. The company declared a special interim dividend of Rs. 5.00 per share for FY 2025-26 and recommended a final dividend of Re. 0.50 per share for FY 2024-25. Mr. Mundra joins the Nomination and Remuneration Committee, and Mr. Anand Jain's re-appointment as Chairman is recommended.

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*this image is generated using AI for illustrative purposes only.

Jai Corp Limited, a prominent Indian company, has made significant announcements regarding its leadership and shareholder returns. The company's board of directors has approved several key decisions in their recent meeting, demonstrating a commitment to corporate governance and shareholder value.

New Independent Director Appointment

The board of directors, based on the recommendation of the Nomination and Remuneration Committee, has appointed Mr. Amit K. Mundra as an additional director in the category of non-executive independent director. Mr. Mundra's appointment is for a term of five consecutive years, effective from July 26, 2025, subject to shareholder approval by way of special resolution.

Mr. Mundra brings a wealth of experience to the board. He is a Fellow Member of the Institute of Chartered Accountants of India with over 23 years of expertise in corporate finance, system audit, investigation, specialized monitoring assignments, and bank audit. This appointment is expected to strengthen the company's leadership and provide valuable insights to its operations.

Dividend Declarations

In a move that will likely please shareholders, Jai Corp Limited has announced two separate dividend payments:

  1. Special Interim Dividend: The company has declared a special interim dividend of Rs. 5.00 per share for the financial year 2025-26. This dividend will be paid on 17,55,04,995 fully paid-up equity shares of face value Re. 1/- each.

  2. Final Dividend for FY 2024-25: The board has recommended a final dividend of Re. 0.50 per share for the financial year 2024-25, also on 17,55,04,995 fully paid-up equity shares.

Both dividend payments exclude the 44,600 equity shares that have been forfeited but not cancelled or re-issued.

Key Dates for Shareholders

Event Date
Record Date for Special Interim Dividend August 1, 2025
Annual General Meeting To be announced

Additional Board Decisions

The board meeting, which lasted from 15:10 hrs to 16:50 hrs IST on July 26, 2025, also covered other important matters:

  • Mr. Amit K. Mundra has been appointed as a member of the Nomination and Remuneration Committee, effective immediately.
  • The board has recommended the re-appointment of Mr. Anand Jain, the Chairman and a non-executive promoter director, who is set to retire by rotation at the upcoming 40th Annual General Meeting.

These developments reflect Jai Corp Limited's ongoing efforts to maintain strong corporate governance practices and enhance shareholder value. The appointment of Mr. Mundra and the declaration of dividends underscore the company's commitment to both strategic growth and rewarding its shareholders.

Historical Stock Returns for Jai Corp

1 Day5 Days1 Month6 Months1 Year5 Years
+0.42%-2.98%-5.03%+64.66%-48.92%+72.50%
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