Jain Irrigation Q1 FY27: Consolidated Revenue ₹1,508 crs, PAT ₹-17.8 crs
Jain Irrigation Systems Ltd. reported its Q1 FY27 financial results, with consolidated revenue at ₹1,508.4 crores, a slight decrease of 2.4% year-on-year. EBITDA saw a decline of 18.7% to ₹164.3 crores. The company reported a consolidated Net Profit After Tax (PAT) of ₹-17.8 crores, a significant drop from ₹11.2 crores in Q1 FY26. Standalone revenue also decreased by 23.9% to ₹699.3 crores, with EBITDA down 31.7% to ₹84.3 crores. Adjusted PAT for standalone operations was ₹7.0 crores, down 73.5%. The company cited volatility in polymer prices and monsoon timing as factors affecting performance, but expressed confidence in achieving double-digit revenue growth for FY27, supported by stabilizing polymer prices and expected agricultural demand.
Key Highlights
- Consolidated revenue for Q1 FY27 was ₹1,508.4 crs, down 2.4% YoY.
- Consolidated PAT turned negative at ₹-17.8 crs, compared to ₹11.2 crs in Q1 FY26.
- EBITDA decreased by 18.7% to ₹164.3 crs on a consolidated basis.
- Company expects double-digit revenue growth for FY27.
- Outlook positive due to stabilizing polymer prices and improved rainfall.
Price Impact
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