Jain Irrigation Systems Limited (JISL) announced its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. The company reported a consolidated total income of ₹1,597.6 crore for Q3FY26, a 17.4% increase compared to ₹1,360.8 crore in Q3FY25. For the nine-month period (9MFY26), total income grew by 13.5% to ₹4,575.5 crore from ₹4,030.5 crore in 9MFY25. Consolidated EBITDA for Q3FY26 stood at ₹167.8 crore, a decrease of 4.5% from ₹175.7 crore in the prior year's quarter. However, EBITDA for the nine-month period increased by 15.4% to ₹569.0 crore from ₹493.1 crore in 9MFY25. The company reported an Adjusted PAT of ₹15.9 crore for Q3FY26, down 7.8% from ₹17.2 crore in Q3FY25, but for the nine months, Adjusted PAT surged by 58.1% to ₹81.3 crore from ₹51.4 crore. Reported PAT for Q3FY26 was ₹-47.5 crore compared to ₹-1.2 crore in Q3FY25. Cash PAT for the quarter decreased by 64.6% to ₹21.9 crore from ₹61.9 crore, while for the nine-month period, it saw a marginal increase of 1.7% to ₹186.8 crore from ₹183.7 crore. Mr. Anil Jain, Vice Chairman and Managing Director, commented that Q3FY26 was a strong quarter with 17.4% year-on-year revenue growth across all segments, aided by a reduction in GST rates. He highlighted improved working capital cycle and robust cash generation, with cash flow from operations at 149% of EBITDA during the quarter. For the nine-month period, sustained revenue growth and margin improvement were attributed to a strategic shift towards retail business, improved operating efficiencies, and disciplined cost management. The Union Budget is seen as encouraging for the manufacturing sector, with increased government spending expected to benefit piping businesses and policy focus on Solar Agri Pumps to support demand. The agro-processing arm, JFFFL, is expected to contribute revenue from Q4 FY26 through a new bottling facility and a joint venture for tomato puree manufacturing.