Latest news with #JainIrrigationSystems
Business Standard
26-07-2025
- Business
- Business Standard
Jain Irrigation Systems consolidated net profit rises 2.50% in the June 2025 quarter
Sales rise 4.59% to Rs 1545.65 crore Net profit of Jain Irrigation Systems rose 2.50% to Rs 13.93 crore in the quarter ended June 2025 as against Rs 13.59 crore during the previous quarter ended June 2024. Sales rose 4.59% to Rs 1545.65 crore in the quarter ended June 2025 as against Rs 1477.86 crore during the previous quarter ended June 2024. Particulars Quarter Ended Jun. 2025 Jun. 2024 % Var. Sales 1545.651477.86 5 OPM % 13.0012.05 - PBDT 88.9776.51 16 PBT 20.9315.55 35 NP 13.9313.59 3
Economic Times
26-07-2025
- Business
- Economic Times
Jain Irrigation net profit declines 8.5% to Rs 11.19 crore in Jun quarter
Jain Irrigation Systems on Saturday reported an 8.5 per cent fall in consolidated net profit to Rs 11.19 crore for the latest quarter ended June 2025. ADVERTISEMENT Its net profit stood at Rs 12.23 crore in the year-ago period. The total income rose to Rs 1,547.68 crore in the April-June period of 2025-26 from Rs 1,479.24 crore in the corresponding period of the preceding year, according to a regulatory filing. Jain Irrigation Systems Vice Chairman and Managing Director Anil Jain said, "In Q1 of FY26, the company experienced good demand for Micro Irrigation Systems, Tissue Culture, Exports and Solar Agri Pumps. We saw good growth in revenue and margins in Hi-Tech Agri division".Due to the early monsoon in May, he said the company saw an impact on demand for pipe."Margins for pipe business were also under pressure due to lack of demand," Jain said. ADVERTISEMENT He said the company's focus towards retail and exports has shown better results in terms of revenue growth and margins."With well-spread monsoon and the government's commitment to investment in infrastructure, we expect revival of demand for piping business in H2FY26," Jain said. ADVERTISEMENT In 2024-25, the Maharashtra-based Jain Irrigation Systems had posted a net profit of Rs 25.69 crore on a total income of Rs 5,793.24 crore. The company is engaged in the manufacturing of micro irrigation systems, PVC P pipes, HDPE pipes, plastic sheets, agro-processed products, renewable energy solutions, tissue culture plants, financial services and other agricultural inputs. PTI (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
26-07-2025
- Business
- Time of India
Jain Irrigation net profit declines 8.5% to Rs 11.19 crore in Jun quarter
Jain Irrigation Systems on Saturday reported an 8.5 per cent fall in consolidated net profit to Rs 11.19 crore for the latest quarter ended June 2025. Its net profit stood at Rs 12.23 crore in the year-ago period. Explore courses from Top Institutes in Please select course: Select a Course Category Design Thinking Digital Marketing Project Management CXO Healthcare Degree Artificial Intelligence Leadership Finance PGDM Management Technology MCA others MBA healthcare Data Analytics Operations Management Cybersecurity Data Science Product Management Data Science Others Public Policy Skills you'll gain: Duration: 25 Weeks IIM Kozhikode CERT-IIMK PCP DTIM Async India Starts on undefined Get Details Skills you'll gain: Duration: 22 Weeks IIM Indore CERT-IIMI DTAI Async India Starts on undefined Get Details by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like War Thunder - Register now for free and play against over 75 Million real Players War Thunder Play Now Undo The total income rose to Rs 1,547.68 crore in the April-June period of 2025-26 from Rs 1,479.24 crore in the corresponding period of the preceding year, according to a regulatory filing. Jain Irrigation Systems Vice Chairman and Managing Director Anil Jain said, "In Q1 of FY26, the company experienced good demand for Micro Irrigation Systems, Tissue Culture, Exports and Solar Agri Pumps. We saw good growth in revenue and margins in Hi-Tech Agri division". Due to the early monsoon in May, he said the company saw an impact on demand for pipe. Live Events "Margins for pipe business were also under pressure due to lack of demand," Jain said. He said the company's focus towards retail and exports has shown better results in terms of revenue growth and margins. "With well-spread monsoon and the government's commitment to investment in infrastructure, we expect revival of demand for piping business in H2FY26," Jain said. In 2024-25, the Maharashtra-based Jain Irrigation Systems had posted a net profit of Rs 25.69 crore on a total income of Rs 5,793.24 crore. The company is engaged in the manufacturing of micro irrigation systems, PVC P pipes, HDPE pipes, plastic sheets, agro-processed products, renewable energy solutions, tissue culture plants, financial services and other agricultural inputs. PTI
News18
26-07-2025
- Business
- News18
Jain Irrigation net profit declines 8.5 pc to Rs 11.19 cr in Jun qtr
Last Updated: New Delhi, Jul 26 (PTI) Jain Irrigation Systems on Saturday reported an 8.5 per cent fall in consolidated net profit to Rs 11.19 crore for the latest quarter ended June 2025. Its net profit stood at Rs 12.23 crore in the year-ago period. The total income rose to Rs 1,547.68 crore in the April-June period of 2025-26 from Rs 1,479.24 crore in the corresponding period of the preceding year, according to a regulatory filing. Jain Irrigation Systems Vice Chairman and Managing Director Anil Jain said, 'In Q1 of FY26, the company experienced good demand for Micro Irrigation Systems, Tissue Culture, Exports and Solar Agri Pumps. We saw good growth in revenue and margins in Hi-Tech Agri division". Due to the early monsoon in May, he said the company saw an impact on demand for pipe. 'Margins for pipe business were also under pressure due to lack of demand," Jain said. He said the company's focus towards retail and exports has shown better results in terms of revenue growth and margins. 'With well-spread monsoon and the government's commitment to investment in infrastructure, we expect revival of demand for piping business in H2FY26," Jain said. In 2024-25, the Maharashtra-based Jain Irrigation Systems had posted a net profit of Rs 25.69 crore on a total income of Rs 5,793.24 crore. The company is engaged in the manufacturing of micro irrigation systems, PVC P pipes, HDPE pipes, plastic sheets, agro-processed products, renewable energy solutions, tissue culture plants, financial services and other agricultural inputs. PTI MJH BAL BAL view comments First Published: July 26, 2025, 15:15 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
The Hindu
25-06-2025
- Business
- The Hindu
Officials assure Chittoor district mango farmers of fair price
The State government is committed to bringing justice for mango farmers, and they should shed all fears about the minimum support price for their produce being supplied to the pulp industries, asserted State Horticulture and Sericulture Director K. Srinivasulu and Chittoor District Collector Sumit Kumar. The two officials on Wednesday inspected three prominent pulp processing factories in the district. The officials inspected the Jain Irrigation Systems at Gangadhara Nellore, Food Infrastructure Industries at Gudipala, and Sriram Foods in Chittoor. The duo held interactions with officials of the three factories and mango farmers, urging both to streamline procurement and ensure smooth operations. Mr. Sumit Kumar said that the government started procurement of the Totapuri mango variety from the first harvest in June and this would continue till the last week of August. 'As of now, close to 40% of the crop has been harvested, and it is expected to cross 60% by the first week of July. Given the bumper yield this year across multiple States, including A.P., Tamil Nadu, Karnataka, Gujarat, and Maharashtra, it has adversely impacted the demand everywhere,' the Collector said. As a farmer-friendly move and to bail them out from the crisis, the State came out with a gesture of ₹4 a kg as a subsidy, this would be directly credited to their bank accounts, and the restrictions on acreage were also lifted. Under this arrangement, more than 85,000 metric tonnes of mangoes had already been supplied to various processing factories in the district. 'We have deployed senior revenue and police officials at the pulp units and ramps to supervise the token-based procurement system. At present, this system could handle 1,500 tonnes per day in every factory,' Mr. Sumit Kumar said. The Collector called on the mango farmers to strictly follow the schedule of harvesting as stipulated by the district administration and clarified that subsidy would be applicable throughout the season.
