Jai Corp Ltd shares gained nearly 4% in early trade after the company reported its consolidated financial results for the first quarter of FY26. The stock reacted positively despite mixed operational performance, as net profit saw a sharp jump on the back of higher other income. As of 9:40 AM, the shares were trading 3.74% higher at Rs 110.26.
For Q1 FY26, the company’s revenue stood at ₹131 crore, up 8.26% year-on-year compared to ₹121 crore in the same period last year. However, operating performance weakened as EBITDA declined 43.66% to ₹7.81 crore, against ₹13.86 crore in Q1 FY25. EBITDA margins dropped to 5.96% from 11.45%.
The bottom line saw a significant boost, with net profit rising to ₹104.28 crore, compared to ₹13.73 crore in the year-ago quarter. This surge was primarily driven by other income, which came in at ₹103.57 crore, a sharp increase from ₹7.18 crore last year.
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