Jain Resource Recycling (JAINREC) Q1 25/26 earnings summary

Executive summary

• Q2 FY26 standalone revenue was Rs 20,549.07 million and PAT Rs 986.38 million; H1 revenue reached Rs 35,245.98 million and PAT Rs 1,577.89 million.

• Q1 consolidated revenue was Rs 15,492.50 million and PAT Rs 565.27 million, including a Rs 9.79 million loss from discontinued operations.

Financial highlights

• Q2 standalone revenue rose from Rs 13,434.04 million in Q2 FY25; PAT increased from Rs 546.40 million.

• H1 standalone revenue was Rs 35,245.98 million vs Rs 27,798.65 million; PAT was Rs 1,577.89 million vs Rs 1,130.63 million.

• Q1 standalone revenue was Rs 14,696.91 million, PBT Rs 793.82 million and PAT Rs 591.51 million.

• Q1 consolidated continuing-operations PAT was Rs 575.06 million; total PAT after discontinued operations was Rs 565.27 million.

Segment performance

• Q1 consolidated Aluminium & Aluminium Alloys revenue was Rs 887.25 million and segment result Rs 29.56 million.

• Lead & Lead Alloy Ingots revenue was Rs 7,152.28 million and segment result Rs 548.52 million; Copper & Copper Ingots revenue was Rs 6,967.97 million and result Rs 327.47 million.

• Other segment revenue was Rs 485.00 million, with a Rs 4.76 million loss; segment asset and liability data are reviewed only at consolidated level.