Jaiprakash Associates' Q1 FY 2025-26 Quarterly Results

Result Summary

• Jaiprakash Associates Ltd reported a 59.7% 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 59.6%.
• Its expenses for the quarter were down by 50.8% QoQ and 47.9% YoY.
• The net profit decreased 153.9% QoQ and decreased 122.6% YoY.
• The earnings per share (EPS) of Jaiprakash Associates Ltd stood at 0.98 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

Jaiprakash Associates Ltd is a diversified company with interests in multiple sectors, including engineering, construction, real estate, cement, and power. The company has a significant presence in the infrastructure sector and is known for its large-scale projects. In recent years, Jaiprakash Associates has undergone restructuring efforts to manage its debt levels and improve operational efficiency. The company operates primarily in India and has been involved in several high-profile projects that have contributed to its reputation in the industry. Specific recent developments are not detailed in the provided information.

Revenue

In the first quarter of the fiscal year 2026 (Q1FY26), Jaiprakash Associates Ltd reported a total income of ₹715.32 crores. This represents a significant decrease compared to the previous quarter (Q4FY25), where the total income was ₹1775.08 crores, marking a quarter-over-quarter (QoQ) decline of 59.7%. Similarly, when compared to the same quarter in the previous fiscal year (Q1FY25), which recorded a total income of ₹1770.66 crores, there is a year-over-year (YoY) reduction of 59.6%. These figures reflect a substantial drop in revenue generation for the company during Q1FY26.

Profitability

Jaiprakash Associates Ltd experienced a notable shift in its profitability metrics during Q1FY26. The company reported a profit before tax of ₹186.91 crores, a significant improvement from the loss of ₹347.68 crores in Q4FY25. This change represents a QoQ improvement of 153.8%. Compared to Q1FY25, where the company recorded a loss before tax of ₹1057.49 crores, the YoY change is an improvement of 117.7%. The profit after tax in Q1FY26 was ₹232.30 crores, contrasting with a loss of ₹431.28 crores in Q4FY25 and a loss of ₹1025.93 crores in Q1FY25, showing improvements of 153.9% QoQ and 122.6% YoY, respectively. Earnings per share (EPS) also saw an increase to ₹0.98 in Q1FY26 from negative values in the previous periods, marking a positive change.

Operating Metrics

Total expenses for Jaiprakash Associates Ltd in Q1FY26 were reported at ₹988.52 crores, showing a decline from ₹2009.62 crores in Q4FY25, which is a reduction of 50.8% QoQ. Compared to Q1FY25, where expenses were ₹1898.53 crores, the YoY decrease is 47.9%. The tax expense for Q1FY26 was ₹3.03 crores, down from ₹11.40 crores in Q4FY25 and ₹5.87 crores in Q1FY25, reflecting decreases of 73.4% QoQ and 48.4% YoY, respectively. The financial performance in terms of profitability has seen a positive trajectory, with reduced expenses contributing to the improved bottom line.