Jyoti Structures board has authorized discussions for a potential One-Time Settlement (OTS) with its lenders, following RBI’s framework for compromise settlements and technical write-offs. This resolution, passed by the company’s Board through circulation on February 17, 2025, marks a significant step towards resolving its financial challenges.
The OTS is contingent upon the approval of existing lenders, and if the settlement moves forward, Jyoti Structures plans to raise necessary resources to implement it. This initiative aims to bring financial stability to the company while adhering to RBI’s guidelines.
Jyoti Structures Q3 results
Jyoti Structures has reported an exceptional 146% YoY increase in revenue from operations, reaching ₹137 crore in Q3FY25, compared to ₹56 crore in the same period last year. Sequential growth is equally impressive, with a 28% rise from ₹107 crore in Q2FY25.
Total income surged 120% to ₹139 crore, while gross profit stood at ₹38 crore, marking a solid 27.5% margin. The company’s EBITDA skyrocketed by 479% YoY, reaching ₹12 crore with an EBITDA margin of 8.8%, compared to a negative margin of -7.6% in Q3FY24.
Profit Before Tax (PBT) also saw a remarkable 963% increase, totaling ₹11 crore, with a PBT margin of 8.3%.
