Jai Balaji Industries Reports Sharp Decline in Q1 Financial Performance Aug 11, 2025
Jai Balaji Industries Reports 66% Drop in Q1 Net Profit, Revenue Declines Aug 08, 2025
Jai Balaji Industries' Credit Ratings Upgraded by CRISIL for Rs. 995 Crore Bank Facilities Jul 29, 2025
CRISIL Upgrades Jai Balaji Industries' Credit Ratings, Reflecting Improved Financial Health Jul 29, 2025
More news about Jai Balaji Industries
11Jul 25
Jai Balaji Industries to Shutter Inactive Ugandan Subsidiary
Jai Balaji Industries Limited has announced the closure of its wholly-owned subsidiary, M/s. Kesarisuta Industries Uganda Limited. The Board of Directors approved this decision on April 16, 2025, with a notice of cessation published in the Uganda Gazette on June 27, 2025. The subsidiary had not commenced any operations since incorporation and was not classified as material. The closure is expected to have minimal impact on Jai Balaji Industries' overall business, with no effect on revenue or operations. The deregistration process is anticipated to be completed within six months.
13May 25
Jai Balaji Industries Reports Q4 Profit Decline and Announces Diversification Plans
Jai Balaji Industries' Q4 net profit fell 72.34% year-over-year to ₹755.00 crore, with revenue declining 13.87% to ₹1,590.00 crore. The company plans to diversify into OPVC pipes, tubes, and fittings production, potentially opening new revenue streams amid challenges in its core steel business.
12May 25
Jai Balaji Industries Diversifies Portfolio with Entry into OPVC Pipe Business
Jai Balaji Industries has announced its entry into the manufacturing of OPVC (Oriented Polyvinyl Chloride) pipes, tubes, and fittings. This strategic diversification move aims to tap into the growing demand for durable piping solutions in infrastructure, water management, and industrial sectors. The expansion is expected to open new revenue streams for the company and strengthen its position in India's evolving industrial landscape.
12May 25
Jai Balaji Industries Reports Decline in Q4 Financial Performance
Jai Balaji Industries' Q4 results show a substantial downturn. Revenue decreased by 13.87% to ₹15.90 billion, while net profit plummeted 72.34% to ₹755.00 million compared to the previous year. EBITDA fell 46.06% to ₹1.30 billion, with EBITDA margin contracting to 8.30% from 13.05%. The company also experienced a sequential decline in net profit from the previous quarter.