Jerash Holdings revenue rises 4.3% to $42 million in fiscal Q2
Jerash Holdings (US) Inc. reported fiscal 2026 second quarter revenue of $42.0 million, up 4.3 percent from $40.2 million in the prior-year quarter. Gross margin was 15.0 percent compared to 17.5 percent a year earlier. Operating income was $1.1 million, down from $1.1 million, and net income was $0.5 million compared to $0.7 million in the same quarter last year. For the first six months of fiscal 2026, revenue rose to $81.6 million from $81.2 million for the same period last year, with net income of $0.8 million versus a net loss of $0.7 million a year earlier. The board approved a regular quarterly dividend of $0.05 per share, payable on November 26, 2025. Cash and restricted cash totaled $13.7 million as of September 30, 2025, and net working capital was $35.2 million. The revenue increase was mainly due to higher demand from major customers.
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