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Jain Irrigation Systems LimitedImportant, 30-01-2025: General Updates

30-01-2025 | 11:53 am

Jain Irrigation Systems Ltd (JISL) has reported a flat consolidated revenue of ₹13,608 million for Q3 FY25, with a marginal year-on-year increase of 0.2%. However, for 9M FY25, revenue declined by 8.8% to ₹40,306 million. Notably, Hi-Tech Agri segment revenue grew by 19.2% year-on-year to ₹5,375 million, while the Plastic segment faced a 20.1% decline to ₹3,911 million. Consolidated EBITDA for Q3 FY25 improved by 2.9% to ₹1,758 million, driven by strong performance in Hi-Tech Agri, where EBITDA rose by 31.7% to ₹1,092 million.

Looking ahead, JISL is experiencing a positive outlook from export growth, particularly in Hi-Tech Agri and food processing, despite challenges in the domestic market due to slow consumption. The company's strategic initiatives aim to enhance cash flow and operating margins while positioning for future recovery. The management anticipates improved performance in key areas, including piping and solar system solutions, supported by strong agricultural production and government spending. Investors should watch closely for opportunities within this diversified growth strategy.

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