Jaiprakash Associates' Q2 FY 2025-26 Quarterly Results

Result Summary

• Jaiprakash Associates Ltd reported a 3.8% 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 decline of 49.1%.
• Its expenses for the quarter were up by 6.6% QoQ and down 38.6% YoY.
• The net profit decreased 132.2% QoQ and decreased 74.9% YoY.
• The earnings per share (EPS) of Jaiprakash Associates Ltd declined at 0.28 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

Jaiprakash Associates Ltd is a prominent Indian company with diverse business interests primarily located in the infrastructure sector. The company is engaged in engineering and construction, real estate, cement manufacturing, and hospitality, among other services. As of the last known data, there are no specific recent developments provided. Traditionally, the company has played a significant role in the development of infrastructure projects across India, leveraging its expertise in large-scale construction and development projects.

Revenue

In Q2FY26, Jaiprakash Associates Ltd reported a total income of ₹742.41 crores, marking a quarter-over-quarter (QoQ) increase of 3.8% from ₹715.32 crores in Q1FY26. However, when compared to Q2FY25, total income experienced a year-over-year (YoY) decline of 49.1% from ₹1458.71 crores. This significant YoY drop indicates a considerable reduction in revenue generation compared to the previous year. The revenue figures reflect the company's operational performance over the period and provide insight into its sales and income-generating activities.

Profitability

For the quarter ending Q2FY26, Jaiprakash Associates Ltd recorded a loss before tax of ₹311.18 crores, contrasting starkly with a profit before tax of ₹186.91 crores in Q1FY26. This reflects a QoQ change of -266.5%. Compared to the same quarter in the previous year (Q2FY25), where the company also reported a loss before tax of ₹282.38 crores, there is a 10.2% increase in losses YoY. The profit after tax for Q2FY26 was a loss of ₹74.87 crores, which shows a significant QoQ decline of -132.2% from a profit of ₹232.30 crores in Q1FY26, and a YoY improvement of 74.9% from a loss of ₹297.83 crores in Q2FY25. Earnings per share (EPS) for Q2FY26 stood at a loss of ₹0.28, as opposed to a positive EPS of ₹0.98 in Q1FY26, and a loss of ₹1.19 in Q2FY25, indicating a YoY improvement of 76.5%.

Operating Metrics

Total expenses for Jaiprakash Associates Ltd in Q2FY26 amounted to ₹1053.59 crores, which represents a QoQ increase of 6.6% from ₹988.52 crores in Q1FY26. On a YoY basis, expenses decreased by 38.6% from ₹1716.36 crores in Q2FY25. This data reflects the company's expenditure trends over the respective periods. The tax component for the quarter was a negative ₹1.17 crores, which indicates a tax credit situation, contrasting with a tax expense of ₹3.03 crores in Q1FY26, showing a QoQ change of -138.6%. Compared to Q2FY25, the tax credit has decreased by 53.9% from ₹-2.54 crores. These figures provide insights into the company's operational efficiency and cost management strategies over the specified quarters.