Jain Irrigation Systems Limited — Updates, 30-01-2025: Press Release

Total revenue for Jain Irrigation Systems Limited reached ₹ 40,306 million for the nine months ending December 31, 2024, reflecting an 8.8% decline year-over-year. The EBITDA for this period stood at ₹ 4,932 million, down 13.4%. In Q3 FY25, total income was ₹ 13,608 million, slightly up by 0.2% compared to Q3 FY24. EBITDA improved by 2.9% to ₹ 1,758 million, while the EBITDA margin rose from 12.6% to 12.9%. However, the company reported a consolidated PAT loss of ₹ 12 million versus a profit of ₹ 86 million in the prior year.

Looking ahead, Jain Irrigation remains optimistic about recovering consumption and increased government spending, aided by robust agricultural output. The management anticipates strong revenue growth in key sectors such as piping, solar systems, and international markets, despite prevailing economic challenges. The focus will be on improving cash flow and operating margins, suggesting a positive outlook for future growth. Investors should watch closely for performance improvements in the upcoming quarters.