JTEKT India Reports Q2 FY26 Results: Revenue Up, Profit Down Amid Leadership Changes

Jtekt India Limited, a leading manufacturer in the automotive components sector, has announced its unaudited financial results for the second quarter and half year ended September 30, 2025, revealing a mixed performance marked by revenue growth but declining profitability.

Financial Highlights

For Q2 FY2026, Jtekt India reported:

Metric	Q2 FY2026	Q2 FY2025
Revenue from operations	85,010.58	80,055.93
Net profit	1,821.77	2,764.11

All figures in INR lakhs

For the half year ended September 30, 2025:

Metric	H1 FY2026	H1 FY2025
Revenue	168,388.28	158,551.36
Net profit	2,955.79	3,423.43

All figures in INR lakhs

Leadership Changes

The Board approved key leadership appointments following the superannuation of Mr. Dinesh Goel from the Corporate Quality Department:

Mr. Harmeet Singh Bedi appointed as Function Head Corporate Quality
Mr. Amit Kumar Sharma appointed as Function Head Design Development

Both appointments are effective November 12, 2025, and the individuals have been designated as Senior Managerial Personnel.

Voluntary Retirement Scheme

Jtekt India has introduced a Voluntary Retirement/Separation Scheme for eligible workmen. The implementation status and financial impact of this scheme will be communicated at a later date.

Financial Position

The company's financial position showed significant improvement:

Metric	Current	Previous
Cash and cash equivalents	20,192.18	1,630.82

All figures in INR lakhs

This increase was supported by proceeds from a rights issue of INR 24,718.70 lakhs during the period.

Outlook

While Jtekt India has demonstrated revenue growth, the decline in profitability highlights challenges in the current business environment. The company's strengthened cash position and leadership changes may provide a foundation for addressing these challenges and pursuing future growth opportunities.

Investors and stakeholders will likely be watching closely to see how the new management appointments and the voluntary retirement scheme impact the company's performance in the coming quarters.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.72%	-1.34%	+3.08%	+14.70%	+1.67%	+105.10%

Jtekt India Limited, a prominent player in the automotive components sector, has successfully resolved a GST-related issue with the tax authorities in Chennai. The company recently announced that a GST demand of Rs 24,70,944 has been dropped by the Joint Commissioner (ST) office in Chennai.

Details of the GST Demand

The GST demand, which was initially raised under section 73/74 of the CGST Act 2017, has been nullified following JTEKT India's submission of a reply to the Joint Commissioner SGST office in Chennai. The tax authority accepted the company's explanation, resulting in the withdrawal of the demand.

Timeline and Resolution

The resolution of this tax matter came to light when JTEKT India received an order from the Office of the Joint Commissioner (ST), Intelligence-II, Chennai. The company promptly informed the stock exchanges about this development, in compliance with Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Importantly, JTEKT India has stated that this resolution has no financial impact on the company. This suggests that the company had not made any provisions for this demand in its financial statements, and the dropping of the demand does not affect its financial position.

Implications for Investors

While the dropping of a Rs 24.70 lakh GST demand may not significantly impact JTEKT India's financials, it does highlight the company's effective handling of regulatory matters. Such resolutions can be seen as positive indicators of a company's compliance practices and its ability to navigate tax-related challenges.

For investors and stakeholders, this development underscores the importance of monitoring not just the financial performance of companies, but also their interactions with regulatory bodies. Successful resolution of tax disputes, even relatively small ones, can contribute to a company's overall financial stability and regulatory standing.

About JTEKT India Limited

JTEKT India Limited is known for its presence in the automotive components industry. The company's registered office is located in New Delhi, with works in Gurugram, Haryana.

As the automotive sector continues to evolve, companies like JTEKT India play a crucial role in the supply chain. Their ability to manage regulatory compliance while focusing on their core business operations remains a key factor for sustained growth and investor confidence.