Image Source: Jyotistructures
Jyoti Structures Limited reported consolidated revenue of 2.09 billion rupees and net profit of 170.1 million rupees for the December quarter of FY26. The company also highlighted significant progress in rights issue fund utilization, improved operational margins, and steady growth despite sectoral challenges.
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Jyoti Structures Limited has announced its Q3 FY26 results, reflecting a notable improvement in financial performance and operational efficiency. The company’s consolidated revenue from operations stood at 2.09 billion rupees, while net profit reached 170.1 million rupees, signaling a positive trajectory in its turnaround efforts.
Key Highlights
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Revenue from operations rose to 2.09 billion rupees in the December quarter, underscoring strong project execution.
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Net profit of 170.1 million rupees reflects improved cost management and operational efficiency.
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Monitoring agency report confirmed utilization of 78.18 crore rupees from Rights Issue II proceeds during Q3 FY26.
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Cumulative utilization of rights issue funds reached 399.82 crore rupees out of the revised issue size of 459.69 crore rupees, with 59.88 crore rupees still unutilized.
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Deployment included 43.84 crore rupees for margin requirements and 34.31 crore rupees for general corporate purposes.
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CARE Ratings noted no deviations in fund usage but flagged concerns over undersubscription impact and a 58 percent decline in share price over the past year.
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Operational metrics showed resilience with improved EBIT and PAT margins compared to sector peers.
Sources: Reuters, Economic Times, Moneycontrol
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