Jain Irrigation Systems' Q2 FY 2025-26 Quarterly Results

Result Summary

• Jain Irrigation Systems Ltd reported a 7.1% 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 growth of 19.7%.
• Its expenses for the quarter were down by 7.0% QoQ and up 16.3% YoY.
• The net profit increased 37.1% QoQ and decreased 216.4% YoY.
• The earnings per share (EPS) of Jain Irrigation Systems Ltd stood at 0.2 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

Jain Irrigation Systems Ltd is a diversified company with interests in multiple sectors, primarily focused on irrigation systems. The company is a leader in the micro-irrigation industry and also has significant operations in the food processing sector, particularly in dehydrated vegetables and fruit processing. Additionally, Jain Irrigation is involved in renewable energy projects and plastic products manufacturing. The company has a global presence, exporting its products to several countries. While specific recent developments are not detailed in the provided data, Jain Irrigation is known for its commitment to sustainable agriculture and innovation in irrigation technologies.

Revenue

For the quarter ending in Q2FY26, Jain Irrigation Systems Ltd reported a total income of ₹1438.15 crores. This represents a decrease of 7.1% on a quarter-over-quarter basis from ₹1547.68 crores in Q1FY26. However, when compared to the previous year's Q2FY25 total income of ₹1201.22 crores, there is a year-over-year increase of 19.7%. This growth indicates an improvement in revenue generation over the past year, despite a recent decline compared to the first quarter of the current fiscal year.

Profitability

Jain Irrigation Systems Ltd's profitability metrics indicate some variability. The Profit Before Tax (PBT) for Q2FY26 stood at ₹19.02 crores, reflecting a decrease of 13.5% from the previous quarter's PBT of ₹22.00 crores. However, this marks a significant improvement from the negative PBT of ₹-19.25 crores reported in Q2FY25, showing a year-over-year change of -198.8%. The Profit After Tax (PAT) for Q2FY26 was ₹15.34 crores, which increased by 37.1% from ₹11.19 crores in Q1FY26. Compared to a negative PAT of ₹-13.18 crores in Q2FY25, the PAT displays a year-over-year change of -216.4%. The Earnings Per Share (EPS) remained constant at ₹0.20 from Q1FY26 to Q2FY26, while showing a year-over-year change of -242.9% from Q2FY25.

Operating Metrics

The company's operating expenses for Q2FY26 were ₹1419.13 crores, showing a reduction of 7.0% from ₹1525.68 crores in Q1FY26. Compared to Q2FY25, where expenses were ₹1220.47 crores, there is a year-over-year increase of 16.3%. The tax expense for Q2FY26 was ₹2.45 crores, which is a significant reduction of 74.8% from ₹9.74 crores in Q1FY26. In comparison to the negative tax expense of ₹-3.60 crores in Q2FY25, the year-over-year change is -168.1%. These metrics highlight the company's operational cost management and tax liabilities over different periods, as evidenced by the quarterly and annual changes.