Jain Irrigation Systems · NSE: JISLJALEQS · BSE: 500219

Q2 FY24 results · Jul–Sep 2023

Jain Irrigation Systems reported revenue from operations of ₹1,361.92 crore (down 15.3% from Q2 FY23) and net profit of ₹8.25 crore for Q2 FY24 (Jul–Sep 2023), on a consolidated basis.

Consolidated · ₹ crore
Item	Q2 FY24	Q2 FY23	YoY	Q1 FY24	QoQ
Revenue from operations	1,361.92	1,607.55	−15.3%	1,701.04	−19.9%
Other income	1.88	12.66	−85.2%	2.22	−15.3%
Total income	1,363.80	1,620.21	−15.8%	1,703.26	−19.9%
Profit before share of associates & JVs and tax	20.78	(102.87)	Turned profit	56.59	−63.3%
Share of profit/(loss) of associates & JVs	(4.13)	0.00		(1.83)
Net profit for the period	8.25	(89.66)	Turned profit	36.64	−77.5%
Attributable to shareholders of the company	8.76	(90.70)	Turned profit	35.43	−75.3%
EPS, basic (₹)	0.11	(1.44)	not comparable	0.56	−80.4%
Net margin (%)	0.6	-5.6		2.2

This company reports a share of profit/(loss) from associates and joint ventures. BSE’s filing format records that share after tax, so it is shown on its own line. The company’s own statement may add it before its “profit before tax” line.

Standalone · ₹ crore
Item	Q2 FY24	Q2 FY23	YoY	Q1 FY24	QoQ
Revenue from operations	804.54	602.81	+33.5%	1,146.05	−29.8%
Other income	4.59	20.91	−78.0%	3.05	+50.5%
Total income	809.13	623.72	+29.7%	1,149.10	−29.6%
Profit before tax	5.07	(15.77)	Turned profit	40.52	−87.5%
Net profit for the period	2.43	(12.33)	Turned profit	26.20	−90.7%
EPS, basic (₹)	0.03	(0.20)	not comparable	0.41	−92.7%
Net margin (%)	0.3	-2.0		2.3

Consolidated

Filed with BSE: 13 Nov 2023, 12:57 IST
Board meeting: 09 Nov 2023
Period: 01 Jul 2023 to 30 Sep 2023
Review status: Unaudited
Source: XBRL filing on BSE

Standalone

Filed with BSE: 13 Nov 2023, 12:57 IST
Board meeting: 09 Nov 2023
Period: 01 Jul 2023 to 30 Sep 2023
Review status: Unaudited
Source: XBRL filing on BSE