Jigar Cables Limited , a manufacturer of electric wires and cables, has announced its unaudited financial results for the half-year ended September 30, 2025, revealing a mixed performance with declining revenue but maintained profitability.

Financial Highlights

The company reported consolidated net sales of Rs. 2,623.41 lakhs for the half-year, marking a significant decrease from Rs. 6,171.79 lakhs in the corresponding period of the previous year. Despite the revenue contraction, Jigar Cables managed to maintain profitability, albeit at a lower level.

The net profit for the period stood at Rs. 58.57 lakhs, compared to Rs. 99.36 lakhs in the same period last year, representing a 41.1% year-on-year decline. Basic earnings per share (EPS) decreased to Rs. 0.79 from Rs. 1.27 in the previous year.

Standalone Performance

On a standalone basis, Jigar Cables achieved a net profit of Rs. 58.06 lakhs, with total income from operations at Rs. 2,537.03 lakhs. The company's standalone performance closely mirrored its consolidated results, indicating limited contribution from its subsidiary operations.

Capital Structure

The company's paid-up equity share capital increased to Rs. 901.20 lakhs as of September 30, 2025, up from Rs. 703.20 lakhs at the end of the previous financial year.

Operational Context

Jigar Cables Limited operates in the manufacturing and sale of electric wires and cables sector. The significant decline in revenue may be indicative of challenging market conditions or increased competition in the industry. However, the company's ability to maintain profitability, albeit reduced, suggests effective cost management strategies in place.

Corporate Governance

The financial results were reviewed by the Audit Committee and subsequently approved by the Board of Directors at their meeting held on November 12, 2025. This process underscores the company's commitment to corporate governance and transparency in financial reporting.

Outlook

While the company has faced headwinds in terms of revenue growth, its ability to remain profitable in a challenging environment may be seen as a positive sign. Investors and stakeholders will likely be watching closely to see if Jigar Cables can reverse the trend of declining sales in the coming quarters.

Jigar Cables Limited , a company listed on the BSE SME Platform, has made a significant move towards expanding its business operations. The company has successfully acquired an industrial property through an e-auction conducted by the State Bank of India (SBI), marking a strategic step in its growth plans.

Property Details

The newly acquired property is an industrial asset comprising factory land and building, located in Gomta Village, Gondal Taluka, Rajkot District. The property spans 17,705 square meters, providing ample space for the company's future expansion initiatives.

Transaction Specifics

Strategic Implications

Jigar Cables Limited has stated that this acquisition is intended for the future expansion of the company's business operations. The substantial size of the property suggests that the company may have significant growth plans in the pipeline.

Corporate Governance

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Jigar Cables Limited promptly informed the BSE Limited about this material development. The intimation was signed by Mr. Ramnik P. Vaghasiya, Whole-Time Director of the company.

This strategic acquisition by Jigar Cables Limited reflects the company's commitment to growth and its proactive approach to securing assets that can support its future expansion plans. Investors and market watchers will likely keep a close eye on how the company utilizes this new industrial property to drive its business forward in the coming years.