Shares of Jupiter Wagons Ltd (JWL) fell over 4% to ₹316.45 in early trade on Wednesday, August 13, following the company’s disappointing first-quarter results for FY26.
The railway freight wagons manufacturer reported a 66.2% year-on-year drop in net profit to ₹31 crore for the quarter ended June 30, 2025, compared to ₹91.9 crore in the same period last year.
Revenue from operations plunged 47.8% to ₹459.3 crore against ₹879.8 crore in Q1 FY25.
At the operating level, EBITDA fell 56.3% to ₹59.9 crore from ₹137 crore a year ago, with margins contracting to 13% from 15.5% in the previous year.
The weak performance reflects lower order execution and pressure on profitability, dragging investor sentiment and leading to the stock’s sharp decline in early trade.
Disclaimer: The above news article is for informational purposes only and does not constitute investment advice. Stock market investments are subject to market risks, including the risk of losing principal. Past performance is not indicative of future results. Investors should conduct their own research or consult a qualified financial advisor before making any investment decisions.
