Results - Announcements
Jain Resource Recycling Ltd share price ticked higher by 1.94% to Rs 275.25 after the company's net profit saw a strong growth of 30.47% to Rs 90.56 crore, while revenue from operations gained significantly 22.48% to Rs 3336.98 crore in Q3FY26 over Q2FY26.
The market capitalization of Diversified Metals industry group stocks on BSE stood at Rs 1.23 lakh crore, heading higher 10.79%. It has improved by 7.23% over last one week and declined by 10.62% in last one month while the market capitalization of Jain Resource Recycling Ltd has softened by 2.89% and 14.58% in the same period respectively.
Profit before tax (PBT) of Jain Resource Recycling Ltd stood at Rs 122.66 crore in Q3 FY26, declining 8.82% year-on-year, and jumping 30.60% quarter-on-quarter. EBITDA came in at Rs 126 crore, nosediving by 18.23% YoY and rallying 25.36% sequentially.
Total expenses witnessed a sharp rise of 22.32% to Rs 3203.97 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 3013.62 crore, soaring by 20.61% YoY, while employee benefits expense was at Rs 12.5 crore, surging 17.48% YoY.
For the TTM ended FY26, revenue from operations witnessed a strong growth of 48.43% to Rs 9543.11 crore, while net profit surged by 58.80% to Rs 352.22 crore, compared to previous TTM. EBITDA soared by 32827% to Rs 530.57 crore, and PBT soared 57.07% to Rs 476.09 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 601.85 crore in FY26, as against Rs 3.58 crore in FY25.
Jain Resource Recycling Ltd tumbled by 26.11% in last one year, underperforming the benchmark BSE Sensex which has eased by 9.87% during the same period.