Hirect & Jyoti Resins Post Strong Q1 FY26 Profits
By ThePip Desk
Hirect and Jyoti Resins & Adhesiv report impressive Q1 FY26 profits, with Hirect’s PAT at Rs 150.91M and Jyoti’s at Rs 117.50M, showcasing robust financial performance.
Hirect reported a Profit After Tax (PAT) of Rs 150.91 million for the June 2026 quarter, marking a strong start to the fiscal year. Concurrently, Jyoti Resins & Adhesiv also announced a robust PAT of Rs 117.50 million for the same period.
Hirect’s Q1 FY26 Performance Highlights
- Revenue for the quarter ended June 2026 stood at Rs 2363.92 million, up 10.07% from Rs 2147.74 million in the year-ago period.
- Net Profit increased by 17.78%, rising from Rs 128.13 million to Rs 150.91 million.
- Operating Profit grew to Rs 253.71 million from Rs 245.03 million in the previous year, a 3.54% rise.
- Other Income saw a 38.86% increase, reaching Rs 3.18 million from Rs 2.29 million.
- Interest expenses climbed 27.70% to Rs 46.28 million from Rs 36.24 million.
- Depreciation charges rose significantly by 48.00% to Rs 40.36 million from Rs 27.27 million.
- Profit Before Tax (PBT) increased by 11.48%, reaching Rs 202.35 million from Rs 181.52 million.
The company’s revenue growth to Rs 2363.92 million demonstrates consistent operational scaling. This performance contributed to the overall profitability despite increased operational costs and depreciation.
Jyoti Resins & Adhesiv similarly showcased a strong financial quarter, with its Profit After Tax at Rs 117.50 million for June 2026. This indicates broad strength within the sector during the period.
Both Hirect and Jyoti Resins & Adhesiv have reported significant profitability for the first quarter of the 2026 fiscal year. Their respective financial results highlight robust performance in the current market environment.