The company also clarified that neither its promoters nor the promoter group have any interest in the awarding authority, and the transaction does not qualify as a related-party deal under regulatory norms.
The company said its orders in hand stood at Rs 212.74 crore as of 30 September 2025, and with a strong order funnel, it expects to deliver better performance in the second half of FY25-26.
Mumbai-based Jost’s Engineering Company is engaged in manufacturing and supplying material handling equipment (MHE) and engineering product (EPD) solutions catering to various industries.
On a standalone basis, the company’s net profit slumped 70% year-on-year (YoY) to Rs 1.23 crore on a 19.2% decline in net sales to Rs 47.36 crore in Q2 FY26 over Q2 FY25. Profit before tax dropped 66.96% YoY to Rs 1.88 crore but jumped 108.89% sequentially.
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