The Board of Jamna Auto Industries Ltd. approved the Un-audited Financial Results for the quarter and nine months ended December 31, 2025, along with the Limited Review Reports. Key decisions included an investment of Rs. 81.675 lakh for up to 26% equity in Fourth Partner Energy Private Limited for renewable energy procurement. Furthermore, the Board sanctioned setting up a new manufacturing facility for parabolic springs at Pithampur, Madhya Pradesh, requiring an investment of Rs. 170 crore.
Board Meeting Outcomes for Period Ending December 31, 2025
Jamna Auto Industries Ltd. convened a Board meeting on February 13, 2026, where several significant financial and strategic decisions were ratified. The Board considered and approved the Un-audited Financial Results, both Consolidated and Standalone, for the quarter ended December 31, 2025, and for the nine months concluded the same date. The statutory auditors provided unmodified limited review reports for these results.
Strategic Investment in Renewable Energy
The Board approved a strategic investment totaling approximately Rs. 81,67,500. This investment is designated for acquiring up to 26% equity shareholding in M/s Fourth Partner Energy Private Limited (or its affiliates). The primary objective is to qualify as a captive user under the Group Captive Scheme, facilitating the procurement of renewable energy for the Company’s Yamuna Nagar unit, aligning with the Electricity Act, 2003.
Details of Renewable Energy Acquisition (Annexure-A Summary)
The target entity, Fourth Partner Energy Private Limited (“FPEL”), is involved in providing Solar Power Generation across India. The investment aims for the company to secure renewable energy equivalent to a 1.05 MWp Power Plant in Haryana. The consideration for the acquisition is Cash, and the management expects completion within the next 3 months.
Expansion of Manufacturing Capabilities
The Board also sanctioned the establishment of a new manufacturing facility dedicated to the production of parabolic springs. This facility will be set up under the existing unit of M/s. Jai Automotive Components Limited, the Company’s Wholly owned Subsidiary, located at Pithampur, Madhya Pradesh.
Manufacturing Expansion Details (Annexure-B Summary)
The Proposed Capacity for the new unit is 21,600 MT annually. The total Investment required is estimated at around Rs. 170 crore, subject to management adjustments, and will be financed from internal accruals. Commercial production at this new site is anticipated to commence around March 2028. The rationale is to enhance capacity to meet the increasing demand for parabolic springs.
Financial Performance Highlights (Consolidated)
For the quarter ended December 31, 2025, the Consolidated Total Income reached Rs. 67,090.92 lakhs, compared to Rs. 53,391.28 lakhs in the preceding quarter. Profit After Tax for the quarter was Rs. 5,823.20 lakhs. For the nine months ended the same date, Total Income stood at Rs. 178,016.37 lakhs, yielding a Profit After Tax of Rs. 14,371.35 lakhs. Basic Earnings Per Share (EPS) for the quarter was Rs. 1.46.
It is noted that during the period, an Exceptional item impacted results due to the estimated financial effect (Rs. 1,187.74 lakhs) related to the implementation of the New Labour Codes, which was accounted for under Profit Before Tax.
Standalone Financial Performance Highlights
The Standalone Total Income for the quarter ending December 31, 2025, was Rs. 66,043.60 lakhs, with a Profit After Tax of Rs. 6,455.51 lakhs. For the nine-month period, Total Income was Rs. 175,074.66 lakhs, resulting in a Profit After Tax of Rs. 16,449.46 lakhs. Basic EPS for the quarter was Rs. 1.62.
A new factoring arrangement impacted finance costs, with Rs. 350.51 lakhs presented under finance costs for the quarter, instead of being netted off against revenue as done previously.
Source: BSE
