Jinkushal Industries reports a 37.4% rise in revenue for the June quarter despite declining profitability, highlighting challenges and growth in Africa expansion.
Jinkushal Industries said its revenue rose in the June quarter even as profitability softened, highlighting the uneven economics of an export-led equipment business. In a statement released on 15 August, the New Delhi-based company said standalone revenue from operations climbed 37.4% year on year to ₹51.29 crore in the quarter ended 30 June 2026, while consolidated revenue increased 15.9% to ₹56.57 crore. The company said trading conditions remained difficult because of geopolitical uncertainty, freight volatility, currency swings and mixed demand across markets.
The latest update follows a stronger finish to the previous financial year. Business Standard reported that Jinkushal’s consolidated net profit surged 898.04% in the March quarter of 2026 to ₹10.18 crore, while sales rose 146% to ₹192 crore. For the full year, however, net profit fell 33.90% and sales declined 6.04%, underscoring how sharply results can move between quarters in the company’s business model.
For the June quarter, standalone profit before tax fell 8.1% to ₹4.15 crore and profit after tax dropped 12.1% to ₹3.31 crore. On a consolidated basis, profit before tax fell 58.1% to ₹3.04 crore and profit after tax declined 66.2% to ₹2.20 crore. Jinkushal said higher shipping and transportation costs weighed on earnings, alongside a changing product mix that included a larger share of new equipment, which tends to carry lower margins than used and refurbished machines.
The company also said it has been expanding its international footprint, with Africa contributing about 32% of revenue in the quarter, up from 3% a year earlier. It said inventory at 30 June stood at about ₹96.8 crore on a consolidated basis, including roughly ₹84.4 crore held overseas to shorten delivery times and improve customer availability. Jinkushal added that it is continuing to build out its HexL brand and strengthen operations, procurement, sales and finance as it targets longer-term growth.
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