Jayaswal Neco Industries Ltd
Jayaswal Neco Industries Q2 FY27 Net Profit at Rs. 22981 Lakhs
RESULTS
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 17 Oct 2026, 10:09 AM IST · BSE ID: 50d27b00-e417-4628-b4b1-5e78ec2991ce
View Original BSE Filing (PDF)
💡
In Simple Terms
The company announced its latest quarterly and half-yearly financial results, with net profit at Rs. 22981 Lakhs for the quarter.
🤖 AI Summary
- Jayaswal Neco Industries reported Net Profit of Rs. 22981 Lakhs for the quarter ended September 30, 2026.
- Revenue from Operations for Q2 FY27 stood at Rs. 219446 Lakhs, and Rs. 430102 Lakhs for H1 FY27.
- Profit Before Tax for Q2 FY27 was Rs. 30745 Lakhs and Rs. 57242 Lakhs for H1 FY27.
- Board of Directors approved the unaudited financial results on October 16, 2026, as per Regulation 33.
- Ongoing legal matter involves ED's attachment of properties worth Rs. 30758 Lakhs, now before Delhi High Court.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Net Profit (Q2 FY27)
22981 Lakhs
118.50%
Net Profit (H1 FY27)
42373 Lakhs
113.85%
Revenue from Operations (Q2 FY27)
219446 Lakhs
23.21%
Revenue from Operations (H1 FY27)
430102 Lakhs
25.38%
Total Expenses (Q2 FY27)
189349 Lakhs
15.31%
Profit Before Tax (Q2 FY27)
30745 Lakhs
115.43%
Profit Before Tax (H1 FY27)
57242 Lakhs
113.51%
Attached Properties by ED
30758 Lakhs
🏢 How This Affects the Company
Revenue from Operations in the Steel segment contributed Rs. 206128 Lakhs to the Q2 FY27 total and Rs. 405352 Lakhs for H1 FY27.
Net Profit for Q2 FY27 was Rs. 22981 Lakhs, and for H1 FY27, it was Rs. 42373 Lakhs.
During the quarter, the company redeemed 28,08,766 zero coupon debentures aggregating to Rs. 2808 Lakhs from internal accruals.
The ongoing legal case concerning ED's attachment of properties worth Rs. 30758 Lakhs introduces continued regulatory and asset release uncertainty.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders based on this financial results filing.
👤
Who Is Affected
Shareholders are affected by the company's financial performance, with Net Profit increasing to Rs. 22981 Lakhs for the quarter and Rs. 42373 Lakhs for the half year.
🔍
Management Signal
Management continues to navigate the ongoing legal matter while demonstrating growth in financial performance and deploying internal accruals for debenture redemption.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Delhi High Court hearing on ED attachment case on October 28, 2026.
Q3 FY27 financial results for continued performance trend.
Updates on the conversion of 2,24,39,134 warrants allotted to M/s. Vibrant Enterprises.
MEDIUM RISK
The unresolved legal matter regarding attached properties by ED of Rs. 30758 Lakhs presents a notable risk.
💡 Investor Takeaway
Jayaswal Neco Industries reported Q2 FY27 Net Profit of Rs. 22981 Lakhs, a significant increase from Rs. 10513 Lakhs in Q2 FY26. H1 FY27 Net Profit reached Rs. 42373 Lakhs, up from Rs. 19815 Lakhs in H1 FY26. Revenue from Operations also saw substantial growth.
⚖️ Strengths & Concerns
✅ Positives
- Net Profit for Q2 FY27 increased to Rs. 22981 Lakhs from Rs. 10513 Lakhs in Q2 FY26, demonstrating substantial growth.
- Revenue from Operations for H1 FY27 grew to Rs. 430102 Lakhs from Rs. 343035 Lakhs in H1 FY26.
⚠️ Concerns
- The company's properties remain subject to a legal dispute with the Directorate of Enforcement concerning Rs. 30758 Lakhs.
- Legal proceedings related to the coal block allocation are still ongoing, with the next hearing scheduled for October 28, 2026.
📅 Company Track Record
In Q1 FY27 (ended June 30, 2026), Jayaswal Neco Industries reported a Net Profit of Rs. 19319 Lakhs, which was up 107.69% YoY. This current filing shows continued growth in profitability into Q2 and H1 FY27.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Jayaswal Neco Industries' Net Profit for Q2 FY27?
Jayaswal Neco Industries reported a Net Profit of Rs. 22981 Lakhs for the quarter ended September 30, 2026. This compares to Rs. 10513 Lakhs in the same quarter of the previous year.
What was Jayaswal Neco Industries' Revenue from Operations for H1 FY27?
Revenue from Operations for the half year ended September 30, 2026, was Rs. 430102 Lakhs. For the same period in the previous year, it was Rs. 343035 Lakhs.
What is the status of the ED property attachment case for Jayaswal Neco Industries?
The Directorate of Enforcement (ED) provisionally attached properties worth Rs. 30758 Lakhs. The matter is currently before the Honorable Delhi High Court, with the next hearing on October 28, 2026.
What was the Profit Before Tax for Jayaswal Neco Industries in Q2 FY27?
Profit Before Tax for Q2 FY27 was Rs. 30745 Lakhs. This is an increase from Rs. 14271 Lakhs reported in Q2 FY26.
Questions based on this BSE filing only. For information purposes.