StockWatch
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Apparel
Quarterly ResultJun 15, 2026, 04:11 PM

Jerash Holdings FY26 Revenue Hits Record $166.3M; Q4 Profit Soars

AI Summary

Jerash Holdings (US), Inc. announced strong financial results for its fiscal year 2026 fourth quarter and full year ended March 31, 2026. The company reported a record revenue of $166.3 million for the full year, a 14.0% increase compared to fiscal 2025, driven by robust demand. The fourth quarter saw a significant surge in revenue, up 46.6% to $42.9 million, and a substantial improvement in net income, turning a loss into a profit of $1.7 million. The company also provided a positive outlook for the first quarter of fiscal 2027, expecting revenue growth of 20-22%. Additionally, Jerash Holdings declared a quarterly dividend of $0.05 per share.

Key Highlights

  • Jerash Holdings reported Q4 FY2026 revenue of $42.9M, a 46.6% increase YoY.
  • Full-year FY2026 revenue reached a record $166.3M, up 14.0% from FY2025.
  • Q4 FY2026 net income was $1.7M, a significant improvement from a net loss of $144K last year.
  • Full-year FY2026 net income was $3.6M ($0.27/share), compared to a net loss of $840K ($0.07/share) in FY2025.
  • Operating income for Q4 FY2026 surged over fivefold to $2.3M.
  • Full-year FY2026 operating income more than quadrupled to $6.3M.
  • The company expects Q1 FY2027 revenue to increase by 20-22% YoY.
  • Jerash Holdings declared a regular quarterly dividend of $0.05 per share.