Jai Corp Limited Announces Financial Results and Recommends Dividend
Jai Corp Limited announced the approval of its audited standalone and consolidated financial results for the fiscal year ended March 31, 2026. Following the Board of Directors meeting, the company also recommended a final dividend of Re. 0.50 per share for the financial year 2025-26.The Board meeting addressed several corporate governance actions, including the re-appointment of key directors and auditors.
Board Decisions and Director Re-appointments
During the Board meeting, the following decisions were approved:- Dividend Recommendation: The Board recommended a final dividend of Re. 0.50 per share on 17,55,04,995 fully paid-up equity shares of face value Re. 1/- each for the financial year 2025-26.
- Management Re-appointments: The Nomination and Remuneration Committee commended the re-appointment of Mr. Virendra Jain, Vice Chairman, a non-executive promoter director. Furthermore, the committee recommended the re-appointment of Mr. Dinesh D. Paliwal as the Executive Director, with the designation of the Director-Works, for a further period of 3 years.
- Auditor Re-appointments: The Board approved the re-appointment of Kakaria and Associates LLP as the Internal Auditor and the re-appointment of Tadhani and Co. as the Cost Auditor for the financial year 2026-27.
Financial Performance Summary
The company released comprehensive financial statements, detailing both standalone and consolidated results. The audited standalone financial results were noted to carry an unmodified opinion. However, the audited consolidated financial results for the year ended March 31, 2026, featured a Qualified Opinion from the statutory auditor.The qualification stemmed from two primary issues:
1. The consolidated results do not include the financial outcome of one associate, Urban Infrastructure Holdings Private Limited, whose financial information for March 31, 2026, was unavailable.
2. Interest receivables on Intercorporate Deposits totaling Rs. 2,147 Lakh, given by a subsidiary, were considered good for recovery by the subsidiary’s management and were not provisioned for impairment, despite the matter having uncertainties related to legal proceedings outcomes.
For the year ended March 31, 2026:
| Financial Metric | Standalone (Rs. in Lakh) | Consolidated (Rs. in Lakh) |
|---|---|---|
| Total Revenue from Operations | 50,387 | 51,434 |
| Total Income | 64,215 | 55,954 |
| Profit/(Loss) before tax from Continuing Operations | 18,574 | 19,316 |
| Total Comprehensive Income (after Tax) | 16,176 | 16,706 |
| Total Assets | 1,41,738 | 1,55,887 |
| Total Equity & Liabilities | 1,41,738 | 1,46,711 |
Detailed Financial Results: Annual Standalone and Consolidated
The following tables provide a detailed comparison of the standalone and consolidated financial results for the year ended March 31, 2026, compared to March 31, 2025.Standalone Financial Results (Rs. in Lakh, except per share data)
| Particulars | 31.03.2026 (Audited) | 31.03.2025 (Audited) |
|---|---|---|
| Revenue from Operations | 11,699 | 51,195 |
| Other Income | 1,075 | 3,697 |
| Total Income | 12,774 | 54,886 |
| Cost of Materials Consumed | 9,159 | 35,600 |
| Total Expenses | 10,247 | 46,253 |
| Profit/(Loss) before tax from Continuing Operations | 18,715 | 8,633 |
| Total Comprehensive Income (after Tax) | 16,176 | 7,474 |
| Paid-up Equity Share Capital | 1,755 | 1,755 |
Consolidated Financial Results (Rs. in Lakh, except per share data)
| Particulars | 31.03.2026 (Audited) | 31.03.2025 (Audited) |
|---|---|---|
| Revenue from Operations | 12,062 | 51,770 |
| Other Income | 1,433 | 4,184 |
| Total Income | 13,495 | 55,954 |
| Total Expenses | 10,787 | 47,656 |
| Profit/(Loss) before tax from Continuing Operations | 19,465 | 8,298 |
| Total Comprehensive Income (after Tax) | 16,706 | 7,218 |
***
Appendix: Segment Revenue and Results
The company reported segment details covering Plastic Processing, Steel, and Spinning.
| Segment | 31.03.2026 (Quarterly Revenue) | 31.03.2025 (Quarterly Revenue) | 31.03.2026 (Annual Revenue) | 31.03.2025 (Annual Revenue) |
|---|---|---|---|---|
| Plastic Processing Revenue | 11,699 | 13,259 | 50,387 | 51,165 |
| Steel Revenue | - | - | - | 30 |
| Spinning Revenue | - | - | 2 | - |
| Total Segment Revenue | 12,062 | 13,537 | 51,436 | 51,770 |
| Plastic Processing Results | 1,869 | 1,758 | 6,947 | 6,598 |
| Steel Results | 60 | - | (55) | (120) |
| Spinning Results | (11) | (28) | (35) | (48) |
JAICORPLTD Stock Price Movement
On Friday, Jai Corp Limited shares slipped by 2.18% to settle at ₹115.93. The equity traded on a total volume of 321,800 shares, closing near the day's low of ₹115.47.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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