JTEKT India Releases Unaudited Financial Results for Q1 FY2026; Reports Strong Total Income
JTEKT India Limited has announced its unaudited financial results for the first quarter ended June 30, 2026. The company's Board of Directors approved these results on August 13, 2026, and they were reviewed by B S R & Co. LLP.The Q1 performance figures show Total Income reaching INR 72,191.73 lakhs for the quarter ended June 30, 2026. This compares against a Total Income of INR 57,488.67 lakhs reported in the corresponding period of the previous year (June 30, 2025).
The company maintains a single operating segment focused on the "manufacturing, assembling, trading and sale of automotive components," which constitutes the sole reportable segment for revenue and net profit as per the audited results.
Q1 Financial Highlights
A detailed look at the unaudited financial statements provides insight into revenue streams, expenses, and profitability:| Particulars | Quarter ended 30 June 2026 (Unaudited) | Quarter ended 31 March 2026 (Audited) | Quarter ended 30 June 2025 (Unaudited) | Year ended 31 March 2026 (Audited) |
|---|---|---|---|---|
| Revenue from operations | 71,798.38 lakhs | 78,032.81 lakhs | 56,601.84 lakhs | 266,557.51 lakhs |
| Total income (Revenue + Other Income) | 72,191.73 lakhs | 78,429.84 lakhs | 57,488.67 lakhs | 269,047.81 lakhs |
| Total expenses | 71,329.71 lakhs | 74,339.10 lakhs | 56,034.99 lakhs | 257,939.92 lakhs |
| Profit before tax | 862.02 lakhs | 3,845.46 lakhs | 1,453.68 lakhs | 10,510.35 lakhs |
| Net profit after tax | 622.19 lakhs | 2,749.11 lakhs | 1,081.60 lakhs | 7,689.08 lakhs |
Operational Updates and Financial Restatements
The financial results reflect several significant operational items and prior period changes:- Exceptional Items: The company recorded a loss of INR 245.28 lakhs in the quarter ended March 31, 2026, concerning past service costs related to gratuity payable to certain employees following the notification of four Labour Codes by the Government of India. Additionally, a Voluntary Separation Scheme (VSS) offered during the financial year ended March 31, 2026, incurred an exceptional item cost of INR 352.26 lakhs.
- Rights Issue: The company completed a Rights Issue of 23,116,407 equity shares at INR 108.10 per share, aggregating INR 24,988.84 lakhs. This increase in the Rights Issue led to the paid up equity share capital rising from INR 2,542.80 lakhs to INR 2,773.97 lakhs.
- Earnings Per Share (EPS): For the quarter ended June 30, 2026, both basic and diluted Earnings Per Share stood at 0.22.
The results were prepared in accordance with Indian Accounting Standard 34 'Interim Financial Reporting' (Ind AS 34).
HCLTECH Stock Price Movement
Closing up in the indicative post-market session, HCL Technologies Limited shares gained 0.15%, settling at ₹1367.5 today. The stock saw a total traded volume of 424,027 shares throughout the day.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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