Jain Irrigation Systems' Q1 FY 2025-26 Quarterly Results

Result Summary

• Jain Irrigation Systems Ltd reported a 10.0% 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 growth of 4.6%.
• Its expenses for the quarter were down by 8.9% QoQ and up 4.3% YoY.
• The net profit decreased 204.8% QoQ and decreased 8.5% YoY.
• The earnings per share (EPS) of Jain Irrigation Systems Ltd stood at 0.2 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

Jain Irrigation Systems Ltd is a prominent company primarily focused on providing solutions in irrigation systems and related agricultural products. The company operates within the agriculture industry, offering a range of products that include micro-irrigation systems, PVC pipes, and plastic sheets. Jain Irrigation is known for its efforts in promoting sustainable and efficient agricultural practices. As of the most recent updates, there are no specific major developments available for the company beyond its standard operations. The company has historically been involved in innovations to enhance agricultural productivity and sustainability, which aligns with its core business ideology.

Revenue

In the first quarter of FY26, Jain Irrigation Systems Ltd reported a total income of ₹1547.68 crores. This represents a decrease of 10.0% from the previous quarter (Q4FY25), where the total income was ₹1719.25 crores. However, when compared to the same quarter in the previous fiscal year (Q1FY25), there is an increase of 4.6%, from ₹1479.24 crores to ₹1547.68 crores. This year-over-year growth reflects the company’s ability to maintain its revenue stream above last year’s performance despite the sequential quarterly decline.

Profitability

Jain Irrigation Systems Ltd’s profitability in the first quarter of FY26 shows mixed results. The profit before tax was recorded at ₹22.00 crores, which is notably lower than the ₹45.32 crores achieved in Q4FY25, indicating a quarter-over-quarter decline of 51.5%. Nevertheless, when compared to Q1FY25, where the profit before tax was ₹16.14 crores, there is a year-over-year increase of 36.3%. The company faced a significant increase in tax expenses, from ₹3.32 crores in Q1FY25 to ₹9.74 crores in Q1FY26, marking a year-over-year rise of 193.4%. The profit after tax for Q1FY26 was ₹11.19 crores, which, despite being a turnaround from a loss of ₹10.68 crores in the previous quarter, shows a decrease from the ₹12.23 crores recorded in the same quarter last year, reflecting an 8.5% year-over-year decline.

Operating Metrics

In terms of operating metrics, the total expenses for Jain Irrigation Systems Ltd in Q1FY26 amounted to ₹1525.68 crores. This is a decrease of 8.9% from the previous quarter's expenses of ₹1673.93 crores. Year-over-year, there is an increase of 4.3% from the ₹1463.10 crores recorded in Q1FY25. The earnings per share (EPS) in Q1FY26 stood at ₹0.20, which is consistent with Q1FY25. However, this is a notable improvement from the negative EPS of ₹-0.10 reported in Q4FY25. This indicates stabilization in shareholder returns on a year-over-year basis, despite fluctuations in the company's profitability metrics between quarters.