Jain Resource Recycling Q2 FY27: consolidated revenue Rs 3,336.98 cr, PAT Rs 90.56 cr
Jain Resource Recycling’s consolidated revenue rose to Rs 3,336.98 cr in Q2 FY27, while profit after tax from continuing and discontinued operations was Rs 90.56 cr.
Key takeaways
- Revenue from operations was Rs 3,336.98 cr vs Rs 2,113.71 cr a year earlier.
- Total Income (I+II) rose to Rs 3,349.89 cr from Rs 2,119.80 cr in Q2 FY26.
- Profit for the period from continuing and discontinued operations was Rs 90.56 cr vs Rs 98.59 cr.
- Total Expense (IV) increased to Rs 3,224.72 cr from Rs 1,984.46 cr year-on-year.
- Basic EPS from continuing and discontinued operations was Rs 2.63 vs Rs 3.06 in Q2 FY26.
Q2 FY27 · consolidated
| Metric | Sep 2026 | Sep 2025 | Change |
|---|---|---|---|
| Revenue | Rs 3,336.98 cr | Rs 2,113.71 cr | +57.9% |
| PAT | Rs 90.56 cr | Rs 98.59 cr | -8.2% |
As reported in the filing. Figures are transcribed, not computed.
What the numbers show
- Net margin was 2.71% of revenue, down 195 bps from 4.66%.
- Total expenses rose 62.5% while revenue rose 57.9%.
- Cost of materials accounted for Rs 800.89 cr of the Rs 1,240.26 cr rise in total expenses (64%).
- Cost of materials took 90.3% of revenue, against 104.7% a year earlier.
• Basis: Consolidated statement of unaudited financial results for the quarter ended September 30, 2026 (Q2 FY27), as per the statement of financial results on the consolidated table.
• Comparative quarter: Quarter ended September 30, 2025 from the same consolidated statement of financial results.
Key P&L figures (Consolidated, Q2 FY27 vs Q2 FY26)
- Revenue from operations: Rs 3,336.98 cr vs Rs 2,113.71 cr
- Other income: Rs 12.91 cr vs Rs 6.09 cr
- Total Income (I+II): Rs 3,349.89 cr vs Rs 2,119.80 cr
- Cost of Materials Consumed: Rs 3,013.62 cr vs Rs 2,212.73 cr
- Purchase of Stock-in-Trade: Rs 87.55 cr vs Rs 0.00 cr
- Changes in Inventories of Finished Goods, Stock in Trade and Work in Progress: Rs 23.32 cr vs Rs (333.47) cr
- Employee benefits expense: Rs 12.50 cr vs Rs 9.10 cr
- Finance costs: Rs 20.75 cr vs Rs 27.49 cr
- Depreciation and amortisation expense: Rs 5.77 cr vs Rs 3.28 cr
- Other Expenses: Rs 61.20 cr vs Rs 65.32 cr
- Total Expense (IV): Rs 3,224.72 cr vs Rs 1,984.46 cr
- Profit Before Tax and Exceptional Items (V): Rs 125.17 cr vs Rs 135.34 cr
- Exceptional Items (VI): Rs 2.33 cr vs Rs 0.00 cr
- Profit before tax and share of loss of an associate & joint venture from continuing operations and after exceptional items (VII): Rs 122.84 cr vs Rs 135.34 cr
- Share of Loss of Associate & Joint venture (VIII): Rs (0.082) cr vs Rs (0.201) cr
- Profit Before Tax from Continuing Operations (IX): Rs 122.76 cr vs Rs 135.14 cr
- Current tax: Rs (51.18) cr vs Rs (29.92) cr
- Deferred tax Benefit / (Charge): Rs 19.08 cr vs Rs (6.02) cr
- Total Tax Expenses (X): Rs (32.10) cr vs Rs (35.94) cr
- Profit After Tax for the period / year from Continuing operations (XI): Rs 90.66 cr vs Rs 99.21 cr
- (Loss)/ Profit before tax for the period / year from discontinued operation (XII): Rs (0.104) cr vs Rs (0.618) cr
- (Loss)/ Profit for the period / year from discontinued operation (XIV): Rs (0.104) cr vs Rs (0.618) cr
- Profit for the period / year from continuing and discontinued operations (XV): Rs 90.56 cr vs Rs 98.59 cr
- Earnings per share from continuing operations – Basic EPS: Rs 2.64 vs Rs 3.06
- Earnings per share from continuing operations – Diluted EPS: Rs 2.64 vs Rs 3.06
- Earnings per share from continuing and discontinued operations – Basic EPS: Rs 2.63 vs Rs 3.06
- Earnings per share from continuing and discontinued operations – Diluted EPS: Rs 2.63 vs Rs 3.06
For the quarter ended September 30, 2026, consolidated revenue from operations as per the statement of financial results increased to Rs 3,336.98 cr from Rs 2,113.71 cr in the corresponding quarter a year earlier. Total Income (I+II) rose to Rs 3,349.89 cr from Rs 2,119.80 cr over the same period.
Total Expense (IV) moved to Rs 3,224.72 cr in Q2 FY27 from Rs 1,984.46 cr in Q2 FY26. Within this, Cost of Materials Consumed was Rs 3,013.62 cr versus Rs 2,212.73 cr, Purchase of Stock-in-Trade was Rs 87.55 cr versus Rs 0.00 cr, and Changes in Inventories of Finished Goods, Stock in Trade and Work in Progress was Rs 23.32 cr versus Rs (333.47) cr. Employee benefits expense rose to Rs 12.50 cr from Rs 9.10 cr, while Finance costs were Rs 20.75 cr compared with Rs 27.49 cr. Depreciation and amortisation expense increased to Rs 5.77 cr from Rs 3.28 cr, and Other Expenses were Rs 61.20 cr versus Rs 65.32 cr.
Profit Before Tax and Exceptional Items (V) was Rs 125.17 cr in Q2 FY27 against Rs 135.34 cr a year earlier. After accounting for Exceptional Items of Rs 2.33 cr and Share of Loss of Associate & Joint venture of Rs (0.082) cr, Profit Before Tax from Continuing Operations (IX) stood at Rs 122.76 cr versus Rs 135.14 cr in the prior-year quarter.
Total Tax Expenses (X) were Rs (32.10) cr compared with Rs (35.94) cr in Q2 FY26, leading to Profit After Tax for the period from Continuing operations (XI) of Rs 90.66 cr versus Rs 99.21 cr. Including discontinued operations, Profit for the period from continuing and discontinued operations (XV) was Rs 90.56 cr in Q2 FY27 compared with Rs 98.59 cr in Q2 FY26. Basic EPS from continuing and discontinued operations was Rs 2.63 versus Rs 3.06 a year earlier, as per the consolidated statement of financial results.
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