Jai Balaji Industries' Q1 FY 2025-26 Quarterly Results

Result Summary

• Jai Balaji Industries Ltd reported a 31.4% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 20.5%.
• Its expenses for the quarter were down by 22.3% QoQ and 11.3% YoY.
• The net profit decreased 74.2% QoQ and decreased 66.2% YoY.
• The earnings per share (EPS) of Jai Balaji Industries Ltd stood at 0.8 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Jai Balaji Industries Ltd is a company primarily involved in the manufacturing sector, focusing on steel production and related products. It operates within the heavy industry category, contributing significantly to the materials and construction sectors. The company's product portfolio typically includes sponge iron, pig iron, steel, and related products that are crucial for infrastructure development and industrial applications. While specific recent developments for Jai Balaji Industries Ltd are not available, companies in this industry often face challenges and opportunities related to raw material costs, technological advancements, and market demand fluctuations.

Revenue

During Q1FY26, Jai Balaji Industries Ltd reported total income of ₹1373.12 crores. This represents a significant decrease both quarter-over-quarter (QoQ) and year-over-year (YoY), with a decline of 31.4% from Q4FY25, where the total income was ₹2001.83 crores, and a 20.5% decrease compared to Q1FY25, when total income was ₹1727.81 crores. Such a reduction in revenue could be indicative of various factors affecting the company's sales or pricing strategies. The substantial decline in total income over both periods highlights a notable shift in the company's revenue generation capabilities.

Profitability

In terms of profitability, Jai Balaji Industries Ltd recorded a profit before tax of ₹94.68 crores in Q1FY26, a sharp decline from ₹356.63 crores in Q4FY25 and ₹287.29 crores in Q1FY25. This represents a 73.5% drop QoQ and a 67.0% decrease YoY. The profit after tax also followed a similar trend, standing at ₹70.55 crores in Q1FY26, down from ₹272.98 crores in the previous quarter and ₹208.82 crores in the same quarter last year, reflecting declines of 74.2% QoQ and 66.2% YoY. Tax expenses similarly decreased, which aligns with the reduced profitability, amounting to ₹24.13 crores in Q1FY26 compared to ₹83.65 crores in Q4FY25 and ₹78.47 crores in Q1FY25. Earnings per share (EPS) also saw a dramatic reduction, from ₹15.80 in Q4FY25 and ₹11.80 in Q1FY25 to ₹0.80 in Q1FY26, marking a 94.9% QoQ and 93.2% YoY decrease.

Operating Metrics

The financial data for Jai Balaji Industries Ltd does not explicitly list operating metrics such as production volumes, capacity utilization, or specific costs related to operations. However, the total expenses for Q1FY26 were reported at ₹1278.44 crores, down from ₹1645.20 crores in Q4FY25 and ₹1440.52 crores in Q1FY25. This constitutes a decrease of 22.3% QoQ and 11.3% YoY. The reduction in expenses, while significant, did not offset the decline in total income, leading to decreased profitability. The disparity between the rate of decrease in expenses and income suggests changes in operational efficiency or cost structure.