Audited results as on 31/03/2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
JSL Industries reported FY26 revenue from operations of Rs 5,642.61 Lacs, up 5.2% from Rs 5,362.50 Lacs in FY25. PAT fell sharply to Rs 329.16 Lacs (vs Rs 644.88 Lacs), a decline of ~49%, driven primarily by a change in accounting treatment for its quoted equity investment in Jyoti Ltd. The company reclassified these shares from FVTPL to FVTOCI-NR (effective 1 April 2025), shifting Rs 346.55 Lacs of unrealised fair value loss from P&L to Other Comprehensive Income. EBITDA grew modestly to Rs 415.22 Lacs from Rs 393.17 Lacs. Finance costs decreased to Rs 39.70 Lacs. The auditor, Talati & Talati LLP, issued an unmodified (clean) opinion. The Q4 standalone revenue was Rs 1,728.72 Lacs vs Rs 1,350.20 Lacs in Q4 FY25.
The sharp PAT decline is largely due to the accounting reclassification rather than operational weakness; however, the underlying earnings quality remains under pressure given the modest revenue growth and flat total income. The stock may see near-term negative reaction due to the headline profit decline, but the clean audit opinion and stable EBITDA provide some comfort.