Jain Irrigation Systems announced a consolidated net loss of Rs 19 crore for the fourth quarter of FY26, a significant decline from the Rs 27.9 crore net profit in the same period last year. Despite the loss, the company’s revenue from operations increased by 4.3% year-on-year to Rs 1,824 crore in the March quarter.
The company’s Earnings Before Interest, Tax, Depreciation, and Amortisation (EBITDA) also saw a positive trend, rising by 7.3% to Rs 239.9 crore compared to the previous year. Additionally, the EBITDA margin improved to 13.2% from 12.8% in the corresponding quarter last year.
Jain Irrigation Systems attributed its reported losses to exceptional items, deferred tax remeasurement impact, and non-cash finance cost adjustments related to non-convertible debentures (NCDs) and EBCs. Adjusted profit after tax for the quarter increased by 11.6% year-on-year to Rs 51.8 crore, as per the company’s filing.
In the full financial year FY26, the company reported a consolidated net loss of Rs 40 crore, a stark contrast to the profit of Rs 25.7 crore in FY25. However, annual revenue surged by 10.7% to Rs 6,399.5 crore, and EBITDA rose by 12.8% to Rs 808.9 crore. Adjusted profit after tax for the year grew by 36% to Rs 133.1 crore, according to regulatory filings.
Jain Irrigation Systems highlighted its Hi-Tech Agri business as a key growth driver, with revenue from the segment increasing by 7.8% year-on-year to Rs 665 crore, and EBITDA climbing by 21.8% to Rs 131.7 crore. The Indian domestic business also showed strong growth, recording a 21.3% increase during the quarter.
