Jain Irrigation Systems Limited has announced its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. The Board of Directors approved these results at their meeting held on February 4, 2026, at Jalgaon and via video conferencing.

Standalone Financial Performance

The company delivered strong operational performance in Q3FY26 with revenue growth across key segments. The standalone results demonstrate resilience despite challenging market conditions.

Segment-wise Performance

The company's diversified business model showed mixed performance across segments. Hi-tech Agri Input Products division maintained its leadership position while Plastic Division faced margin pressures.

Consolidated Results

The consolidated financial results reflect the performance of the entire group including subsidiaries and associate companies across multiple geographies.

Exceptional Items Impact

The company reported exceptional items of ₹2,078 lakh in standalone results and ₹3,893 lakh in consolidated results. These primarily relate to the statutory impact of new Labour Codes notified by the Government of India on November 21, 2025, affecting gratuity calculations due to changes in wage definition.

Key Developments

During the quarter ended June 30, 2025, the company received ₹14,967 lakh from warrant holders against the allotment of 42,786,430 Ordinary Equity Shares. The subsidiary Jain (Europe) Limited acquired a 72.5% stake in Harlequin Manufacturing Ltd, UK for ₹8,213 lakh during Q2 FY26.

Regulatory Compliance

The results were reviewed by statutory auditors M/s. Singhi & Co., Chartered Accountants, who issued unmodified and unqualified limited review reports for both standalone and consolidated results. The company maintains dual listing on BSE and NSE with separate codes for ordinary and DVR equity shares.

Jain Irrigation Systems Limited has delivered strong revenue growth in Q3 despite facing profitability challenges. The company reported revenue of ₹16 billion compared to ₹13.6 billion in the corresponding quarter of the previous year, marking a robust 17.6% year-over-year growth. However, the irrigation systems manufacturer also posted a consolidated net loss of ₹419 million for Q3, compared to a net profit of ₹10 million in the same period last year.

Q3 Financial Performance Analysis

The latest quarterly results present a mixed picture, with strong top-line growth offset by operational challenges. While revenue expansion demonstrates the company's market traction, EBITDA declined to ₹1.68 billion from ₹1.75 billion in the previous year. The EBITDA margin compressed significantly to 10.5% from 12.9%, indicating pressure on operational efficiency despite higher sales volumes.

Upcoming Earnings Conference Call

The company has scheduled its quarterly earnings conference call for Q3 FY26 on February 4, 2026, to discuss these results with investors and analysts. The earnings conference call will provide management an opportunity to address the revenue growth momentum and margin compression challenges with stakeholders.

Management Participation

The company's senior leadership will represent Jain Irrigation Systems during the conference call, ensuring comprehensive coverage of the revenue growth drivers and operational challenges affecting profitability metrics.