Jupiter Wagons Limited (JWL) announced its Q2 and H1 FY26 financial results, reporting a total income of ₹1,272 crore and a profit after tax (PAT) of ₹76 crore for H1 FY26. Q2 FY26 saw a 71% increase in income compared to Q1 FY26, driven by improved wheelset availability. The company’s EBITDA also increased by 73% on a quarter-over-quarter basis.
Financial Highlights for Q2 & H1 FY26
Jupiter Wagons Limited reported strong financial performance for the second quarter and first half of FY26:
- Total Income: ₹1,272 crore for H1 FY26.
- Profit After Tax (PAT): ₹76 crore for H1 FY26.
Q2 FY26 Performance
The company experienced significant growth in Q2 FY26:
- Consolidated income increased by 71% to ₹786 crore compared to Q1 FY26, driven by improved wheelset availability in the wagons business.
- Consolidated EBITDA rose by 73% quarter-over-quarter, reaching ₹104 crore.
- EBITDA margins improved from 13% in Q1 FY26 to 13.2% in Q2 FY26.
Key Developments
Several key developments contributed to the company’s performance:
- Jupiter Electric Mobility (JEM) launched 10 ft and 20 ft containerised Battery Energy Storage Systems (BESS).
- Jupiter Tatravagonka Railwheel Factory secured an order worth ₹215 crore for Vande Bharat wheelsets and another order for ₹113 crore for Axle supply.
Order Book
As of September 30, 2025, the company’s order book stands at ₹5,538 crore.
Jupiter Electric Mobility (JEM) Updates
JEM launched modular containerised BESS (10 ft & 20 ft) with capacities from 241 kWh to 3 MWh. They also opened six new dealerships across India – Hyderabad, Delhi, Ghaziabad, Pune, Ahmedabad and Thirvandrum.
Jupiter Tatravagonka Railwheel Factory (JWL) Updates
JWL secured an order of ₹113 crore from the Ministry of Railways for 9,000 LHB axles. They also received a Letter of Intent for ₹215 crore for 5,376 wheelsets for the Vande Bharat project.
Source: BSE
