Jain Irrigation Systems Limited — Important, 30-01-2025: General Updates

**Company Updates:**

Jain Irrigation Systems Ltd (JISL) reported a flat consolidated revenue performance, with a slight increase of 0.2% year-on-year in Q3 FY25, reaching ₹13,608 million. However, revenue for the nine-month period fell by 8.8% to ₹40,306 million. Notably, the Hi-Tech Agri segment experienced a significant year-on-year revenue increase of 19.2% contributing ₹5,375 million, while Plastic revenue fell by 20.1%. The overall EBITDA margin improved by 120bps, despite the economic slowdowns impacting domestic performance. The company is winding down its project business in line with strategic objectives but anticipates improvements in earnings from piping, solar solutions, and strong international sales. The management expresses a positive outlook, citing anticipated recovery in consumption and increased government expenditure supporting future growth. Investors are encouraged to monitor developments closely as JISL positions itself for resilience and growth in core areas.