Jai Balaji Industries Limited has announced its unaudited financial results for the first quarter ended June 30, 2026. The company reported a significant increase in net profit, reaching ₹85.23 crore, a 20% jump compared to the previous year. The Board also approved the appointment of Shri Babu Swadesh Sharma as an Additional Director and Whole Time Director. Additionally, the re-appointment of two Non-Executive Independent Directors and the appointment of a Cost Auditor were confirmed.
Jai Balaji Industries Reports Strong Q1 FY27 Results
Jai Balaji Industries Limited’s Board of Directors, in a meeting held on August 14, 2026, has approved the standalone unaudited financial results for the first quarter ended June 30, 2026. The company demonstrated robust financial performance, with a net profit after tax of ₹85.23 crore. This represents a substantial increase from the ₹70.55 crore reported for the same period in the previous year, indicating positive operational and financial momentum.
Key Financial Highlights (Q1 FY27)
- Revenue from Operations: ₹1,682.59 crore
- Profit Before Tax: ₹109.28 crore
- Net Profit After Tax: ₹85.23 crore
- Total Comprehensive Income: ₹85.23 crore
- Earnings Per Share (Basic): ₹0.93
Board Appointments and Re-appointments
In a significant governance move, the Board has approved the appointment of Shri Babu Swadesh Sharma (DIN: 11862049) as an Additional Director and Whole Time Director for a term of three consecutive years, effective from September 15, 2026. This appointment is subject to shareholder approval at the upcoming Annual General Meeting.
Furthermore, the Board has approved the re-appointment of Shri Pradip Kumar Tibdewal (DIN: 07977787) and Shri Parthasarathi Mukhopadhyay (DIN: 01968529) as Non-Executive Independent Directors for their second term of five consecutive years. These re-appointments are effective from April 16, 2027, and August 08, 2027, respectively, also contingent upon member approval.
Cost Auditor Appointment
The company has also appointed M/s. Mondal & Associates, with Proprietor Mr. Amiya Mondal, as the Cost Auditor for the financial year 2026-27. The appointment is effective from August 14, 2026.
Director’s Cessation
Additionally, the Board noted the cessation of Shri Bimal Kumar Choudhary (DIN: 08879262) as Whole Time Director and Director, effective from the close of business hours on September 14, 2026, upon completion of his tenure. The Board expressed its deep appreciation for his contributions.
Source: BSE
