Jhaveri Credits FY26 revenue up 23%, profit down 41%

Key takeaway from the FY26 announcement

Jhaveri Credits & Capital Limited has reported higher revenue but weaker profitability in its latest set of financial disclosures. The company announced its audited standalone financial results for the year ended March 31, 2026, showing a year-on-year rise in revenue from operations and a sharp drop in net profit. The same release also highlighted a decline in basic earnings per share (EPS), indicating lower profit available per share compared with the previous year. For investors tracking smaller capital market and lending-linked businesses, the mix of growth in revenue alongside falling profit becomes the central point to evaluate.

FY26 audited standalone results: revenue rises, profit falls

For the year ended March 31, 2026, Jhaveri Credits & Capital reported revenue of ₹111.21 crore. This was stated as a 22.61% increase from ₹90.70 crore in the year ended March 31, 2025. Over the same annual period, net profit declined 41.09% to ₹1.95 crore, compared with ₹3.31 crore a year earlier. The company also reported that basic EPS decreased 46.96% to ₹1.66 from ₹3.13. These headline figures point to a year in which topline improved but bottomline performance weakened.

March 2026 quarter: slower sales and a steep profit decline

In the quarter ended March 2026, the company reported sales of ₹47.80 crore, down 8.52% from ₹52.25 crore in the quarter ended March 2025. Net profit for the March 2026 quarter declined 72.78% to ₹2.88 crore, compared with ₹10.58 crore in the March 2025 quarter. The quarter-on-quarter and year-on-year comparisons presented in the data show that the March quarter was materially weaker on profitability. While quarterly sales moved lower, the magnitude of the net profit decline was much larger than the revenue drop, which is typically the key item investors focus on.

What the quarterly snapshot shows through FY26

A separate quarterly indicator table in the provided data lists “Total Revenue” and “Net Profit” for the last five quarters ending March 2026. It shows total revenue of ₹47.80 crore for March 2026, ₹16.53 crore for December 2025, ₹22.36 crore for September 2025, ₹9.83 crore for June 2025, and ₹0.96 crore for March 2025. Net profit over the same quarters is shown as ₹2.88 crore (Mar 2026), -₹0.11 crore (Dec 2025), ₹1.23 crore (Sep 2025), ₹1.19 crore (Jun 2025), and -₹1.00 crore (Mar 2025). This snapshot also lists operating profit moving from -₹2.07 crore in March 2025 to ₹2.07 crore in March 2026.

Earlier FY26 update: Q2 and H1 numbers

Jhaveri Credits & Capital also disclosed unaudited standalone financial results for Q2 and H1 FY26 in the provided text. Revenue from operations was reported at ₹22.36 crore in Q2, described as a 127.47% quarter-on-quarter increase. Half-year revenue was reported at ₹32.19 crore, described as an 80.44% year-on-year increase. Profit for Q2 was stated at ₹2.32 crore, while H1 profit was ₹3.27 crore. These figures help frame the FY26 trajectory prior to the audited full-year release.

Board meeting and approvals

The company had also stated it would hold a board meeting on May 30, 2026, to approve audited standalone and consolidated financial results for the financial year ended March 31, 2026. The audited standalone results for the year ended March 31, 2026 were subsequently announced as per the provided data. The mention of consolidated results suggests a broader presentation may also exist, but the numbers in this dataset are explicitly for standalone results.

Summary table: FY and March quarter performance

Quarterly trend table from the provided indicator snapshot

Market impact: what investors typically track in such updates

The most direct market-relevant signals in this update are the divergence between revenue growth and profit decline, and the fall in EPS. The provided dataset also includes a 1-year performance figure of -37.72%, indicating the stock has been under pressure over that period. While the reasons for the stock move are not stated in the text, the latest audited results add fresh, quantified inputs for investors. The March 2026 quarter’s profit fall alongside an 8.52% sales decline is likely to keep attention on cost structure, operating leverage, and how revenue translates into earnings.

Additional data points mentioned in the disclosure set

The provided text also references geography-linked revenue contribution, stating that India contributed INR 264.17 million (₹26.42 crore) in the last year, versus INR 118.03 million (₹11.80 crore) in the year before. Another figure shown is IN₹233.11 million (₹23.31 crore). These figures appear as part of separate data snippets and are not directly reconciled within the audited standalone revenue numbers in the text, so they are best read as supplementary context rather than the primary FY26 topline.

Conclusion

Jhaveri Credits & Capital’s FY26 audited standalone numbers show a clear split: revenue from operations rose 22.61% to ₹111.21 crore, while net profit fell 41.09% to ₹1.95 crore and basic EPS dropped to ₹1.66. In the March 2026 quarter, sales declined to ₹47.80 crore and net profit fell to ₹2.88 crore compared with the year-ago quarter. The next key reference point, based on the company’s stated process, is the board-level approval cycle around audited standalone and consolidated results for FY26.