Jay Bharat Maruti Limited has delivered impressive financial results for the third quarter ended December 31, 2025, demonstrating strong operational performance across key metrics. The automotive component manufacturer's Board of Directors approved the unaudited financial results during their meeting held on February 06, 2026, along with several strategic decisions including significant capital expenditure approval.

Financial Performance Highlights

The company's standalone financial results show substantial improvement across major parameters. Revenue from operations reached ₹64,549.43 lakhs in Q3FY26, representing growth from ₹59,066.07 lakhs in Q3FY25. The nine-month period ended December 31, 2025 recorded revenue of ₹1,78,497.77 lakhs compared to ₹1,67,946.52 lakhs in the corresponding period last year.

Profitability and Operational Efficiency

The company demonstrated remarkable improvement in profitability metrics. Profit after tax surged to ₹1,790.48 lakhs in Q3FY26 from ₹384.88 lakhs in Q3FY25. For the nine-month period, profit after tax reached ₹5,900.47 lakhs compared to ₹1,219.36 lakhs in the previous year. Basic earnings per share improved significantly to ₹1.65 in Q3FY26 from ₹0.36 in Q3FY25.

Total expenses for the quarter stood at ₹61,202.82 lakhs, with cost of materials consumed being the largest component at ₹48,813.61 lakhs. Employee benefits expense was ₹5,505.68 lakhs, while finance costs were ₹1,290.54 lakhs for the quarter.

Strategic Capital Investment

The Board approved additional capital expenditure of ₹170 crore for Phase II of Plant J7 located at Plot No. 831, IMT, Kharkhoda, Sonipat, Haryana. This investment builds upon the company's earlier capex approval of ₹350 crore announced in May 2023, with ₹40 crore remaining unutilized from the original allocation being incorporated into this Phase II expansion.

Board Composition Changes

The Board appointed Mr. Sunil Kumar Kakkar (DIN: 08041054) as Additional Nominee Director in the category of Non-Executive, Non-Independent Director, effective February 06, 2026. He replaces Mr. Rajiv Gandhi (DIN: 07231734) as the nominee of joint venture partner Maruti Suzuki India Limited. Mr. Kakkar brings over three decades of experience with MSIL, having served in various leadership roles including Supply Chain vertical head and Production Plant Head.

The company also approved remuneration payment to Chairman Mr. Surendra Kumar Arya (DIN: 00004626) in his capacity as Non-Executive Director for FY2025-26. Both appointments require member approval through postal ballot.

Exceptional Items and Revenue Recognition

The financial results include exceptional items of ₹640.05 lakhs in standalone results, primarily related to incremental impact from four Labour Codes notified by the Government of India on November 21, 2025. Revenue from operations includes incentives of ₹3,550 lakhs for the quarter and ₹12,420 lakhs for nine months, pertaining to investments made in Gujarat under the Industrial Policy 2015.

The company operates primarily in manufacturing automobile components in India and maintains a paid-up equity share capital of ₹2,165.00 lakhs with face value of ₹2 per share. The consolidated results include contributions from joint venture JBM Ogihara Die Tech Private Limited.

Jay bharat maruti Limited has filed a follow-up intimation with stock exchanges on February 06, 2026, regarding the previously announced resignation of its Nominee Director Mr. Rajiv Gandhi. The company had initially informed exchanges on January 31, 2026, about Gandhi's resignation effective February 05, 2026.

Director Resignation Details

Mr. Rajiv Gandhi (DIN: 07231734) serves as the Nominee Director representing Maruti Suzuki India Limited (MSIL), a joint venture partner of the company. His resignation took effect from the close of business hours on February 05, 2026.

Compliance Timeline and Follow-up

The company filed a follow-up intimation on February 06, 2026, in compliance with the timelines specified in para 14.1 of the Industry Standards Note on Regulation 30 of Listing Regulations. Company Secretary Shubha Singh (ICSI M. No.- A16735) signed both the original intimation dated January 31, 2026, and the follow-up communication.

Replacement Process

MSIL has already nominated a new nominee director to replace Mr. Rajiv Gandhi on the board. The proposal for the appointment of the new nominee director will be presented to the Board of Directors at the upcoming board meeting, following the recommendation of the Nomination & Remuneration Committee.

Regulatory Compliance

The company has fulfilled its disclosure obligations under SEBI regulations by providing the requisite information to both the National Stock Exchange of India Limited (Scrip Code: JAYBARMARU) and BSE Limited (Scrip Code: 520066). The disclosure includes all mandatory details as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.