Jupiter Wagons Q1 Results: Profit Slides 64%, Revenue Sinks
Operational profitability also fell in the June quarter, with the margin narrowing to 13% from 15.5% in the corresponding period last year.
Jupiter Wagons Ltd. reported a decline in earnings during the first quarter of financial year 2026.
Consolidated net profit declined 64% to Rs 32.7 crore in the June quarter, compared to Rs 91.92 crore in the corresponding period last year, according to financial results released on Tuesday.
Jupiter Wagons Q1FY26 Highlights (Consolidated, YoY)
Revenue down 47.8% to Rs 459.34 crore versus Rs 879.86 crore
Net profit down 64% to Rs 32.70 crore versus Rs 91.92 crore
Ebitda down 56% to Rs 59.83 crore versus Rs 136.68 crore
Margin at 13% versus 15.5%
Shares of Jupiter Wagons settled 0.15% lower at Rs 329.75 apiece on the NSE, before the results, compared to a 0.4% decline in the benchmark Nifty 50. The stock has fallen 42% in the last 12 months and 34.18% so far this year.
Three out of the five analysts tracking have a 'buy' rating on the stock, and two recommend a 'hold', according to Bloomberg data. The average of 12-month analysts' price target of Rs 430.75 implies a potential upside of 30.6%.
