Results - Announcements
Jain Resource Recycling Ltd share price slipped 0.24% to Rs 274.6. The Company's net profit saw a strong growth of 30.47% to Rs 90.56 crore, while revenue from operations increased sharply by 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 1.22 lakh crore, advancing by 10.79%. It has inched up 4.51% over last one week and declined by 9.87% in last one month while the market capitalization of Jain Resource Recycling Ltd has softened by 2.33% and 13% 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 surging by 30.60% quarter-on-quarter. EBITDA came in at Rs 126 crore, nosediving by 18.23% YoY and jumping 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, witnessing a strong rise of 17.48% YoY.
For the TTM ended FY26, revenue from operations surged 48.43% to Rs 9543.11 crore, while net profit jumped 58.80% to Rs 352.22 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 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 crashed 26.28% in last one year, underperforming the benchmark BSE Sensex which has slipped by 8.41% during the same period.