JNK India, a combustion equipment manufacturer, released its Q1 financial results. Standalone revenue decreased slightly to Rs 189.02 million, while profit dropped 26.29% to Rs 11.69 million. Consolidated revenue reached Rs 991.68 million. The company completed its IPO, raising funds for working capital and corporate purposes. Management emphasized focus on project execution and operational discipline.
01Aug 25
JNK India Limited Forms Joint Venture for Green Hydrogen Technologies
JNK India Limited has formed a joint venture, JNK Chemdist Technologies Private Limited, to enter the green hydrogen sector. The company will hold a 51% stake, investing Rs. 5.10 million in equity and Rs. 100.00 million in preference shares. The venture aims to develop green hydrogen technologies, with a total initial equity investment of Rs. 10.00 million. Dr. Sunil Dhole and Mr. Tushar Wagh, industry experts, will serve as Executive Directors. The joint venture is expected to be completed within 30-60 days.
31Jul 25
JNK India Limited Forms Strategic Joint Venture for Green Hydrogen Technologies
JNK India Limited has formed a joint venture to enter the green hydrogen sector. The company will hold a 51% stake in the new entity, JNK Chemdist Technologies Private Limited, investing Rs. 5.10 crore in equity and Rs. 100.00 crore through preference shares. The venture will focus on R&D, manufacturing, and supply of green hydrogen technologies. Dr. Sunil Dhole and Mr. Tushar Wagh, bringing expertise in chemical engineering and industry experience respectively, will serve as Executive Directors. The transaction is expected to complete within 30-60 days.
02Jun 25
JNK India Targets 40-50% Revenue Growth and Margin Improvement for FY26
JNK India has announced ambitious growth projections for FY26, including a 40-50% increase in revenue from the current ₹4.70 billion, potentially reaching ₹6.58-7.05 billion. The company anticipates order wins of approximately ₹12.00 billion and aims to improve margins by 100-200 basis points in FY26.