Results - Announcements
Jai Corp Ltd share price softened by 1.38% to Rs 92.46. The Company's net profit inched up 8.30% to Rs 30.54 crore, while revenue from operations gained 11.90% to Rs 176.33 crore in Q2FY27 over Q2FY26.
The market capitalization of Plastic Products - Industrial industry group stocks on BSE stood at Rs 1.47 lakh crore, surging by 16.54%. It has improved by 3.22% over last one week and edged lower by 5.84% in last one month while the market capitalization of Jai Corp Ltd has marginally improved by 2.28% and 8.09% in the same period respectively.
Profit before tax (PBT) of Jai Corp Ltd stood at Rs 38.48 crore in Q2 FY27, improving 13.54% year-on-year, and easing 1.42% quarter-on-quarter. EBITDA came in at Rs 11 crore, rallying 266.33% YoY and plunging by 270.68% sequentially.
Total expenses advancing by 19.75% to Rs 164.02 crore in Q2FY27 over Q2FY26. During the quarter, cost of materials consumed stood at Rs 135.57 crore, witnessing a sharp rise of 33.15% YoY, while employee benefits expense was at Rs 11.86 crore, jumping 28.08% YoY.
For FY26, revenue from operations declined slightly by 0.65% to Rs 514.34 crore, while net profit surged by 153.69% to Rs 169.54 crore, compared to previous FY. EBITDA soared by 1021% to Rs 97.68 crore, and PBT witnessed a strong rise of 133.12% to Rs 193.16 crore compared to previous FY.
The company's consolidated net cash flow from operating activities stood at Rs 13.56 crore in FY26, as against Rs 44.98 crore in FY25.
Jai Corp Ltd plunged by 37.62% in last one year, underperforming the benchmark BSE Sensex which has slipped by 3.03% during the same period.