Jain Resource Recycling's Q2 FY 2025-26 Quarterly Results

Result Summary

• Jain Resource Recycling Ltd reported a 36.2% quarter-on-quarter (QoQ) increase 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 51.2%.
• Its expenses for the quarter were up by 34.2% QoQ and 49.6% YoY.
• The net profit increased 74.4% QoQ and increased 87.6% YoY.
• The earnings per share (EPS) of Jain Resource Recycling Ltd stood at 3.06 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 Resource Recycling Ltd is a company operating within the broader recycling industry, specializing primarily in the recycling and resource management sector. This company focuses on transforming waste materials into reusable resources, contributing to environmental sustainability and efficient resource utilization. The company has gained recognition for its commitment to innovative recycling practices and sustainable development. However, specific recent major developments regarding the company are not available within the provided data. Jain Resource Recycling Ltd is likely to be involved in various recycling processes, but further details on their main products or services are not specified in the available information.

Revenue

In Q2FY26, Jain Resource Recycling Ltd reported a total income of ₹2119.80 crores, reflecting a significant growth both quarter-over-quarter (QoQ) and year-over-year (YoY). The QoQ increase was 36.2%, rising from ₹1556.43 crores in Q1FY26. Comparatively, the YoY increase was 51.2%, up from ₹1401.97 crores in Q2FY25. This substantial increase in revenue over the periods highlights a strong upward trajectory in the company's financial performance, indicating a robust growth phase for the company during this period.

Profitability

The profitability of Jain Resource Recycling Ltd showed considerable improvement in Q2FY26. The company achieved a profit before tax of ₹135.34 crores, marking a QoQ growth of 73.5% from ₹78.01 crores in Q1FY26 and a YoY growth of 79.8% from ₹75.27 crores in Q2FY25. The tax expenses also increased, standing at ₹35.94 crores, with a QoQ growth of 77.0% and YoY growth of 84.8%. Consequently, the profit after tax for Q2FY26 was ₹98.59 crores, up by 74.4% QoQ and 87.6% YoY. The earnings per share also rose significantly YoY by 81.1% from Q2FY25.

Operating Metrics

The total expenses for Jain Resource Recycling Ltd in Q2FY26 were ₹1984.45 crores, which increased by 34.2% QoQ from ₹1478.43 crores in Q1FY26 and by 49.6% YoY from ₹1326.70 crores in Q2FY25. The growth in expenses, while substantial, was outpaced by the growth in total income, leading to an improved profit margin. The data does not provide specific operating metrics such as production volume or capacity utilization rates. However, the financial metrics suggest that the company efficiently managed its operating costs relative to its revenue growth.