NewsEarningsJosts Engineering Reports Significant Decline in Q2 and H1 FY25-26 Financial PerformanceJosts Engineering Reports Significant Decline in Q2 and H1 FY25-26 Financial Performance
Josts Engineering Company Limited announced a notable downturn in its Q2 and H1 FY25-26 financial results. Standalone Q2 revenue decreased by 18.87% to Rs. 4776.00 lacs, with PAT falling 70% to Rs. 123.00 lacs. Consolidated Q2 results showed similar declines, with revenue down 13.44% and PAT dropping 84.02%. H1 FY25-26 results also reflected this trend, with consolidated revenue decreasing by 7.69% and PAT by 84.19%. The company attributed the decline to order postponements. Despite overall performance, the technical services segment grew by 5%. Chairman Jai Prakash Agarwal expressed optimism for H2, citing an order book of Rs. 21,274 lacs as of September 30, 2025.
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Josts Engineering Company Limited , a prominent player in material handling and engineering products, has announced its financial results for the second quarter and first half of fiscal year 2025-26, revealing a notable downturn across key financial metrics.
Q2 FY25-26 Performance
The company's standalone performance for Q2 FY25-26 showed a significant decline compared to the same period last year:
| Metric | Q2 FY25-26 (Rs. lacs) | Q2 FY24-25 (Rs. lacs) | Change (%) |
|---|---|---|---|
| Revenue | 4776.00 | 5887.00 | -18.87 |
| EBITDA | 299.00 | 673.00 | -55.57 |
| PAT | 123.00 | 410.00 | -70.00 |
On a consolidated basis, the company's Q2 results also reflected a downward trend:
| Metric | Q2 FY25-26 (Rs. lacs) | Q2 FY24-25 (Rs. lacs) | Change (%) |
|---|---|---|---|
| Revenue | 5418.00 | 6259.00 | -13.44 |
| EBITDA | 459.00 | 872.00 | -47.36 |
| PAT | 82.00 | 513.00 | -84.02 |
H1 FY25-26 Performance
The half-yearly results for FY25-26 similarly showed a decline in financial performance:
| Metric | H1 FY25-26 (Rs. lacs) | H1 FY24-25 (Rs. lacs) | Change (%) |
|---|---|---|---|
| Revenue (Standalone) | 8779.00 | 11175.00 | -21.44 |
| PAT (Standalone) | 183.00 | 769.00 | -76.20 |
| Revenue (Consolidated) | 11022.00 | 11940.00 | -7.69 |
| PAT (Consolidated) | 139.00 | 879.00 | -84.19 |
Factors Influencing Performance
The company attributed the decline in revenue primarily to the postponement of some orders to the next quarter. This delay subsequently impacted EBITDA and overall profitability.
Technical Services Performance
Despite the overall decline, Josts Engineering's technical services segment showed resilience. The company's service revenues at the consolidated level increased from Rs. 1,753 lakhs to Rs. 1,840 lakhs, marking a modest 5% year-on-year growth.
Management Commentary
Chairman Jai Prakash Agarwal acknowledged the soft performance in Q2 and H1 but expressed optimism for the second half of FY25-26. He stated, "Considering our Orders in hand as on 30-09-2025 is of Rs 21,274 lacs and strong funnel, we expect to do better in H2 of FY 25-26."
Company Overview
Josts Engineering Company Limited, established in 1907, operates in the manufacturing and trading of material handling and engineering products. The company maintains a strong presence across various sectors including infrastructure, defense, automotive, logistics, FMCG, pharma, aerospace, power, and railways.
As Josts Engineering navigates through these challenging times, the management remains focused on execution, operational efficiency, and building sustainable growth. The company's diverse sector presence and its order book of Rs. 21,274 lacs may provide some cushion against the current headwinds, but the coming quarters will be crucial in determining the effectiveness of its strategy to reverse the downward trend.
Historical Stock Returns for Josts Engineering Company
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -100.00% | -100.00% | -100.00% | -100.00% | -100.00% | -100.00% |
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