Jai Balaji Industries' Q2 FY 2025-26 Quarterly Results

Result Summary

• Jai Balaji Industries Ltd reported a 0.5% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 13.4%.
• Its expenses for the quarter were up by 3.8% QoQ and down 2.8% YoY.
• The net profit decreased 62.5% QoQ and decreased 82.7% YoY.
• The earnings per share (EPS) of Jai Balaji Industries Ltd stood at 0.29 during Q2 FY 2025-26.

Financial Statments for Q2 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 key player in the steel industry, primarily focusing on the production and distribution of steel and related products. The company’s portfolio includes manufacturing sponge iron, pig iron, ferro alloys, TMT bars, and steel wire rods. Operating within the broader metallurgical industry, Jai Balaji Industries has positioned itself as a significant contributor to the steel supply chain. Currently, no recent major developments within the company have been provided in the data, and further details about new projects or strategic initiatives are not available.

Revenue

For the quarter ending Q2FY26, Jai Balaji Industries Ltd reported a total income of ₹1366.84 crores. This represents a slight decline of 0.5% from the preceding quarter Q1FY26, where the total income was ₹1373.12 crores. On a year-over-year basis, the total income saw a more substantial decline of 13.4% compared to Q2FY25, when the total income was ₹1578.52 crores. This decrease may reflect market conditions or operational changes that impacted the company’s revenue generation during this period.

Profitability

In the latest quarter Q2FY26, Jai Balaji Industries Ltd recorded a profit before tax of ₹39.79 crores. This is a significant reduction of 58.0% from ₹94.68 crores in Q1FY26. Year-over-year, the profit before tax decreased by 81.3% compared to ₹212.74 crores in Q2FY25. The tax expense for Q2FY26 was ₹13.31 crores, declining 44.8% from the previous quarter and 77.7% from the same quarter last year. Consequently, the profit after tax for Q2FY26 was ₹26.48 crores, marking a 62.5% decrease from Q1FY26 and an 82.7% decrease from Q2FY25. Earnings per share for this period was ₹0.29, down from ₹0.77 in Q1FY26 and significantly lower than ₹8.42 in Q2FY25.

Operating Metrics

Jai Balaji Industries Ltd's total expenses for Q2FY26 amounted to ₹1327.05 crores, which is a 3.8% increase from the previous quarter’s expenses of ₹1278.44 crores. Year-over-year, total expenses showed a marginal decrease of 2.8% from ₹1365.78 crores in Q2FY25. These operating figures reflect the company's ongoing cost management and operational adjustments in response to revenue fluctuations. The detailed analysis of these operating metrics provides insights into the company's cost structure and efficiency during the reviewed financial quarter.