Outcome for board meeting held as on 23/10/2025 regarding approval of Q2 results
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Jumbo Bag Limited's board, at its meeting on October 23, 2025, approved the unaudited financial results for Q2 and H1 FY26 ended September 30, 2025. Q2 revenue from operations rose modestly to ₹31.45 crore (from ₹30.64 crore YoY), while net profit jumped to ₹3.11 crore (from ₹2.26 crore YoY), helped by a ₹1.5 crore exceptional item. H1 FY26 revenue stood at ₹62.09 crore with net profit of ₹5.37 crore and EPS of ₹6.41. The board also approved the takeover of Hitech Polymers LLP, an FIBC conversion unit in Chennai, by purchasing its assets for ₹60 lakh. Additionally, the board cleared leasing 1.454 acres at SIPCOT Industrial Park, Gummidipundi for setting up a new manufacturing unit.
Profit growth significantly outpaced revenue growth, indicating improved margins, though boosted by an exceptional item. The small asset acquisition and new unit lease point to gradual capacity expansion in the core FIBC packaging business, with limited immediate financial impact but a clear growth intent.