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

Jain Irrigation Systems Limited reported a consolidated total revenue of ₹ 40,306 million for the nine months ended December 31, 2024, reflecting an 8.8% decline year-over-year. The EBITDA for this period was ₹ 4,932 million, down 13.4% from the previous year. Despite these overall decreases, the company saw a 2.9% increase in Q3 EBITDA, reaching ₹ 1,758 million, with a margin improvement to 12.9%.

The Vice Chairman indicated that the company is focusing on improving retail sales and cash flow while preparing for anticipated recovery in consumption and government expenditure. Moving forward, Jain Irrigation is optimistic about strong growth in key segments like piping, solar systems, and international sales, aiming to improve margins and cash flow despite economic challenges. Investors should watch closely as the company executes its strategic priorities.