JTEKT India: Profit falls despite income growth, leadership changes, rights issue

JTEKT India Limited announced its unaudited financial results for the half-year ended September 30, 2025, with total income reaching INR 1,21,760.56 lakhs, up from INR 1,16,409.49 lakhs in the same period last year. Profit before tax for the half-year stood at INR 3,952.05 lakhs, a decrease from INR 4,638.22 lakhs reported in the prior year. Net profit after tax for the half-year was INR 2,904.37 lakhs, compared to INR 3,435.89 lakhs a year ago. Basic earnings per share for the half-year was INR 1.10.

The company also reported significant changes in its leadership. Harmeet Singh Bedi was appointed as function head – corporate quality, and Amit Kumar Sharma as function head – design & development, both effective November 12, 2025. These appointments follow the superannuation of Dinesh Goel, who previously headed corporate quality.

Additionally, JTEKT India completed a rights issue of 23,116,407 equity shares at INR 108.1 per share, raising INR 24,988.84 lakhs. This increased the paid-up equity share capital from INR 2,542.80 lakhs to INR 2,773.97 lakhs. The board also considered and recommended a final dividend of INR 1,779.96 lakhs, or INR 0.70 per equity share, for the financial year 2024-25.