Shares of Jain Irrigation Methods Restricted slid to a day low of Rs 31.24 on NSE on 15 Could, after the corporate reported a web loss for the March quarter. The reported loss weighed on investor sentiment regardless of the corporate posting progress in income and working revenue throughout the identical interval.
The reported backside line swung to a lack of Rs 19 crore for Q4FY26, towards a revenue of Rs 27.9 crore in the identical quarter final 12 months.
Administration attributed the loss to one-off gadgets together with distinctive costs, a deferred tax remeasurement influence, and non-cash finance value changes linked to sure debt devices.
Excluding these things, in line with management-adjusted calculations, revenue rose 11.6% 12 months on 12 months to Rs 51.8 crore.
Quarterly income got here in at Rs 1,824 crore, up 4.3% from a 12 months in the past. EBITDA, rose 7.3% to Rs 239.9 crore, with margins bettering to 13.2% from 12.8% a 12 months earlier.
The Hello-Tech Agri section carried out strongly in the course of the quarter, posting income of Rs 665 crore, up 7.8% 12 months on 12 months, with EBITDA rising 21.8%. The Indian home enterprise recorded progress of 21.3% throughout the identical interval.
For the total 12 months, income climbed 10.7% to Rs 6,399.5 crore and EBITDA rose 12.8% to Rs 808.9 crore.
Adjusted PAT for FY26 grew 36% to Rs 133.1 crore. The reported full-year web loss stood at Rs 40 crore, towards a revenue of Rs 25.7 crore in FY25.
Vice Chairman and MD Anil Jain stated the quarter was impacted by international uncertainty and a pointy rise in polymer costs.
The corporate generated Rs 233 crore in working money circulate in the course of the quarter, equal to 97% of EBITDA. Working capital improved to 186 days in FY26 from 201 days a 12 months in the past.
At 15:02 on NSE, shares have been buying and selling at Rs 31.25, down by 6.47% from their earlier shut of Rs 33.41. The inventory has misplaced 44% over the previous 12 months and stays close to the decrease finish of its 52-week vary of Rs 27.10 to Rs 66.45.
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