Jayaswal Neco Industries Reports 87.79% Surge in Q1 Net Profit
Jayaswal Neco Industries standalone net profit rises 87.79% in the March 2026 quarter
Business Standard
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Jayaswal Neco Industries reported a significant 87.79% increase in standalone net profit to ₹190.87 crore for the quarter ending March 2026, compared to ₹101.64 crore in the same quarter last year. Sales also rose by 17.85% to ₹1974.24 crore during this period, reflecting strong performance.
- 01Net profit for Q1 March 2026 rose by 87.79%.
- 02Sales increased by 17.85% in the same quarter.
- 03Full-year net profit surged 311% to ₹463.11 crore.
- 04Annual sales grew by 18.87% to ₹7131.82 crore.
- 05Operating profit margin decreased to 19.03%.
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Jayaswal Neco Industries, an Indian manufacturing company, achieved a remarkable 87.79% increase in standalone net profit, reaching ₹190.87 crore for the quarter ending March 2026, compared to ₹101.64 crore in the corresponding quarter of the previous year. This growth is attributed to a 17.85% rise in sales, which totaled ₹1974.24 crore in Q1 March 2026, up from ₹1675.27 crore in Q1 March 2025. For the full fiscal year, the company reported a staggering 311% increase in net profit, totaling ₹463.11 crore, compared to ₹112.68 crore the previous year. Annual sales also saw a significant increase of 18.87%, amounting to ₹7131.82 crore compared to ₹5999.73 crore in the prior year. Despite the strong profit growth, the operating profit margin saw a decline to 19.03% from 20.39% in the previous year.
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The significant profit growth indicates a robust financial health for Jayaswal Neco Industries, potentially leading to increased investments and job creation in the manufacturing sector.
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