India's Jain Irrigation Systems slides on posting quarterly loss

Jain Irrigation Systems

10/08/2026 09:15

** Shares of Jain Irrigation Systems JAIR.NS down 3.5% to 30 rupees 
** Micro-irrigation systems provider posts Q1 consol net loss of 149.3 mln rupees ($1.6 million) against profit of 139.3 mln rupees a year ago
** Rev from ops dropped 2.4% while total expenses were nearly flat
** Stock set for its worst session since June 8
** YTD, JAIR down ~30%

($1 = 95.2600 Indian rupees)

 (Reporting by Anuran Sadhu in Bengaluru)
 ((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))