Board Meeting Outcomes

The Board meeting, which commenced at 12:00 P.M. and concluded, inter alia considered and approved the following items:

a) Unaudited Financial Results

  • Approved the Statement of Unaudited Standalone and Consolidated Financial Results for the quarter ended 30th September, 2026.
  • The results were reviewed by the Audit Committee and come with a Limited Review Report from the Statutory Auditors.
  • The financial results are available on the company website: www.jkumar.com

b) Re-appointment of Director

  • Approved the re-appointment of Mr. Sidharath Kapur (DIN: 02153416) as Non-Executive Independent Director for a second term.
  • Term: 5 consecutive years from 8th February, 2027 to 7th February, 2032.
  • Subject to shareholder approval.
  • Mr. Kapur confirmed he meets independence criteria under Section 149 of Companies Act, 2013 and Regulation 16 of Listing Regulations.
  • He confirmed not being debarred from holding director office by SEBI or any other authority.
  • Required disclosures under Regulation 30 and relevant SEBI circulars are provided in Annexure A.

c) Re-opening of Trading Window

  • The trading window for dealing in company securities by designated persons, closed since 1st September, 2026, will re-open from 16th November, 2026.

Financial Results - Standalone (₹ in Crores)

Quarter Ended September 30, 2026:

  • Revenue from operations: ₹1,535.50 (vs. ₹1,336.97 in Q2 FY26)
  • Other income: ₹11.59
  • Total Income: ₹1,547.09
  • Total Expenses: ₹1,395.19
  • Profit before tax: ₹151.90 (vs. ₹125.32 in Q2 FY26)
  • Tax expense: ₹38.13
  • Profit after tax: ₹113.77 (vs. ₹91.46 in Q2 FY26)
  • Total comprehensive income: ₹120.59
  • Basic & Diluted EPS: ₹15.04 (vs. ₹12.09 in Q2 FY26)

Half Year Ended September 30, 2026:

  • Revenue from operations: ₹3,042.92 (vs. ₹2,815.63 in H1 FY26)
  • Profit after tax: ₹211.60 (vs. ₹194.20 in H1 FY26)
  • Basic & Diluted EPS: ₹27.96 (vs. ₹25.67 in H1 FY26)

Standalone Assets & Liabilities (as of September 30, 2026)

  • Total Assets: ₹6,233.61 Crores (vs. ₹6,144.10 Crores as of March 31, 2026)
  • Equity Share Capital: ₹37.83 Crores
  • Other Equity: ₹3,518.69 Crores
  • Total Equity: ₹3,556.52 Crores
  • Non-current borrowings: ₹310.48 Crores
  • Current borrowings: ₹481.54 Crores

Standalone Cash Flows (H1 FY27)

  • Net cash used in operating activities: ₹(21.26) Crores
  • Net cash used in investing activities: ₹(129.95) Crores
  • Net cash from financing activities: ₹88.34 Crores
  • Net decrease in cash: ₹(62.87) Crores
  • Cash and cash equivalents at end: ₹140.23 Crores

Financial Results - Consolidated (₹ in Crores)

Quarter Ended September 30, 2026:

  • Revenue from operations: ₹1,539.22
  • Profit after tax: ₹113.23
  • Profit attributable to shareholders: ₹113.43
  • Basic & Diluted EPS: ₹14.97

Half Year Ended September 30, 2026:

  • Revenue from operations: ₹3,050.43
  • Profit after tax: ₹210.66
  • Profit attributable to shareholders: ₹210.96
  • Basic & Diluted EPS: ₹27.84

Consolidated Assets & Liabilities (as of September 30, 2026)

  • Total Assets: ₹6,282.08 Crores
  • Equity Share Capital: ₹37.83 Crores
  • Other Equity: ₹3,524.14 Crores
  • Non-controlling interests: ₹(0.56) Crores
  • Total Equity: ₹3,561.41 Crores

Auditor's Review Report

  • Statutory Auditors: S PM L & Associates
  • The limited review was conducted in accordance with SRE 2410 issued by ICAI.
  • The financial results include 29 joint operations consolidated on a proportionate basis.
  • The auditors did not review interim financial information of 7 joint operations (total assets: ₹888.28 Crores, reviewed by other auditors).
  • 22 joint operations were not subject to review (total assets: ₹96.48 Crores, considered not material by management).
  • The conclusion is based on management certifications and other auditors' reports where applicable.
  • The auditors state nothing has come to their attention that causes them to believe the statements contain material misstatement.

Notes to Financial Results

  • Prepared in accordance with Indian Accounting Standards (Ind AS).
  • The company is primarily engaged in "Construction and Engineering Activities" with no other reportable segments.
  • Figures for previous periods have been regrouped/reclassified where necessary.
  • Quarterly figures are balancing figures between half-yearly and previous quarterly figures.

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