JTL Defence Reports Strong Q1 FY27 Results; Revenue from Operations Climbs 39.4% QoQ
JTL Defence Limited, a manufacturer specializing in non-ferrous metal products and diversified engineering solutions, announced its unaudited financial results for the quarter ending June 30, 2026. The company reported significant growth in revenue driven by improved operational performance.The firm, which was formerly known as RCI Industries and Technologies Limited, registered a substantial increase in Revenue from Operations for Q1 FY27.
Key financial highlights for the quarter include:
- Revenue from Operations rose 39.4% compared to the previous quarter (QoQ).
- EBITDA reached Rs. 25 Mn, resulting in an EBITDA margin of 11.6%.
- The company maintained a total revenue volume of 300 MT.
The reported profitability for the quarter was affected by higher depreciation expense related to the revaluation of fixed assets. Excluding the additional depreciation amounting to Rs. 28 Mn on these revalued assets, JTL Defence would have recorded a Profit After Tax (PAT) of Rs. 1 Mn for Q1 FY27.
A summary of the quarterly financial performance is provided below:
| Metric | Value |
|---|---|
| Revenue from Operations | Rs. 212 Mn |
| EBITDA | Rs. 25 Mn |
| Adjusted PAT | Rs. 1 Mn |
| Total Revenue Volume | 300 MT |
Commenting on the performance, Mr. Pranav Singla, Managing Director of JTL Defence, stated that the company achieved steady operational performance during the quarter. He emphasized continuous efforts towards improving operational efficiency, optimizing product mix, and strengthening manufacturing capabilities.
Mr. Singla added that while the profitability was impacted by higher depreciation resulting from the revaluation of fixed assets, the company remains committed to strategic growth. The focus areas include increasing capacity utilization, expanding the customer base, and reinforcing its presence across key industries through value-added products. JTL Defence also continues to invest in capabilities to support long term business growth.
JTL Defence Limited is engaged in the manufacturing of non-ferrous metal products. The company operates from its facility located in Baddi, Himachal Pradesh. It offers a diversified portfolio comprising copper strips and foils, brass strips, stainless steel foils, and phosphorous bronze strips. JTL caters to various electrical, automotive, and industrial applications, serving both domestic and international markets, including the Middle East and Africa.
Stock Price Movement
JTL Defence Ltd shares settled at ₹631.35 on Monday, dropping 4.52%. The stock saw significant intraday movement, oscillating between a low of ₹628.50 and a high of ₹694.30.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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