Latest news with #JagatjitIndustries
Time of India
28-07-2025
- Business
- Time of India
Jagatjit Industries eyes ₹550 crore annual revenue from new grain-based ethanol plant in Punjab
Jagatjit Industries Ltd on Monday said it has commenced commercial production of its grain-based ethanol plant in Punjab and is expecting an annual revenue of ₹550 crore from the plant. The capacity of this plant, located at Hamira in Kapurthula district of Punjab, is 200 kilolitres per day. "Running at full capacity, the facility is expected to generate up to ₹550 crore in annual turnover and widen the Group's EBITDA margin by approximately 8-10 percentage points," the company said in a statement. In its first, partial year of operation, the plant should add about Rs 300 crore to EBITDA (earnings before interest, taxes, depreciation and amortisation). At full capacity, it could supply up to 65-70 million litres of ethanol per year to Oil Marketing Companies (OMCs). "With a Rs 550 crore annual topline opportunity and an 8-10 per cent margin lift, it brings stable, high-quality revenue that strengthens our balance sheet and funds our next phase of growth across premium spirits and new markets," Roshini Sanah Jaiswal, Promoter & Executive Director of Jagatjit Industries, said. Founded in 1944, Jagatjit Industries Limited (JIL) manufactures Indian Made Foreign Liquor (IMFL) and Country Liquor (CL) in the country. The company is listed on the BSE. The company has plants in Punjab along with other manufacturing units in Behror, Rajasthan.
Business Standard
18-07-2025
- Business
- Business Standard
Jagatjit Inds rises on launch of commercial grain-based ethanol production in Punjab
Jagatjit Industries jumped 4.73% to Rs 205.85 after the company announced the commencement of commercial production of ethanol from grain at its newly commissioned 200 KLPD grain-based ethanol distillery plant. According to an exchange filing, the facility is located at the companys unit in Jagatjit Nagar, Village Hamira, Kapurthala district, Punjab. Jagatjit Industries (JIL) is a prominent player in the premium drinks segment. The company operates one of the largest integrated distilleries for manufacturing potable alcohol in Asia. In India, it was the first to establish in-house capabilities for producing both molasses and non-molasses-based potable alcohol using fully automated distillation plants. The company manufactures and markets a diverse portfolio of products, including alcoholic beverages, malt, malt extract, nutritious planned foods, milk powder, ghee, and other dairy products. The company also produces malted milk foods as part of its product range. The company reported a consolidated net loss of Rs 6.82 crore in Q4 FY25 as against a net profit of Rs 1.96 crore recorded in Q4 FY24. Revenue from operations fell 11.4% YoY to Rs 115.35 crore posted in Q4 FY25.
Business Standard
10-07-2025
- Business
- Business Standard
Jagatjit Industries CEO & CFO Anil Vanjani resigns
Jagatjit Industries announced that Anil Vanjani, the chief executive officer and chief financial officer (CFO) of the company, has resigned from his positions with immediate effect. According to a regulatory filing, Vanjani tendered his resignation via email on 9 July 2025. The company's management has accepted the resignation, and he has ceased to serve as CEO and CFO, both roles designated as key managerial personnel (KMP), effective immediately. Jagatjit Industries (JIL) is a prominent player in the premium drinks segment. The company operates one of the largest integrated distilleries for manufacturing potable alcohol in Asia. In India, it was the first to establish in-house capabilities for producing both molasses and non-molasses-based potable alcohol using fully automated distillation plants. The company manufactures and markets a diverse portfolio of products, including alcoholic beverages, malt, malt extract, nutritious planned foods, milk powder, ghee, and other dairy products. The company also produces malted milk foods as part of its product range. The company reported a consolidated net loss of Rs 6.82 crore in Q4 FY25 as against a net profit of Rs 1.96 crore recorded in Q4 FY24. Revenue from operations fell 11.4% YoY to Rs 115.35 crore posted in Q4 FY25. The scrip jumped 7.91% to Rs 174 on the BSE.
Time of India
17-05-2025
- Business
- Time of India
Jagatjit Industries slips into red in Q4 with Rs 8.8 crore loss; FY25 ends with Rs 23 crore net loss
New Delhi: Jagatjit Industries has posted a consolidated net loss of Rs 8.8 crore for the quarter ended March 31, 2025. It had reported a consolidated net profit of Rs 2 crore in the same period last year, as revenue and margins took a hit, according to its regulatory filing on Saturday. Its revenue from operations during the quarter declined 17 per cent year-on-year to Rs 150.6 crore, as demand pressures weighed on volumes. Total expenses stood at Rs 166.32 crore, up slightly from Rs 166.28 crore a year ago, primarily due to higher excise duty and employee costs. Gross margin contraction and elevated finance costs, which came in at Rs 7.4 crore for the quarter, also contributed to the weaker earnings. For the full fiscal year FY25, the company reported a net loss of Rs 23.5 crore, against a profit of Rs 7.6 crore in FY24. Annual revenue from operations declined 9 per cent to Rs 642.3 crore, down from Rs 708.2 crore in the previous year, as per the BSE filing. Full-year EBITDA was impacted by persistent cost pressures and a muted consumption environment. Finance costs rose to Rs 28.2 crore from Rs 26 crore last year, while other income increased marginally to Rs 28.1 crore. The company also reported a loss of Rs 0.3 crore from discontinued operations in FY25. Jagatjit Industries, known for its liquor brands such as Aristocrat and AC Black, continues to face headwinds in maintaining profitability amid inflationary pressures and subdued consumer sentiment.
Business Standard
17-05-2025
- Business
- Business Standard
Jagatjit Industries reports standalone net loss of Rs 6.66 crore in the March 2025 quarter
Sales decline 11.37% to Rs 115.35 crore Net loss of Jagatjit Industries reported to Rs 6.66 crore in the quarter ended March 2025 as against net profit of Rs 1.98 crore during the previous quarter ended March 2024. Sales declined 11.37% to Rs 115.35 crore in the quarter ended March 2025 as against Rs 130.15 crore during the previous quarter ended March 2024. For the full year,net loss reported to Rs 23.28 crore in the year ended March 2025 as against net profit of Rs 9.48 crore during the previous year ended March 2024. Sales declined 11.83% to Rs 491.50 crore in the year ended March 2025 as against Rs 557.45 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 115.35130.15 -11 491.50557.45 -12 OPM % -5.273.67 - -2.823.47 - PBDT -4.324.38 PL -13.7819.46 PL PBT -6.602.01 PL -23.059.71 PL NP -6.661.98 PL -23.289.48 PL
