Jerash Holdings Q3 net income jumps to USD 1.2 million, nearly 20 times higher

Reuters
02/09
Jerash Holdings Q3 net income jumps to USD 1.2 million, nearly 20 times higher

Jerash Holdings (US) Inc. reported its financial results for the third quarter (Q3) of fiscal year 2026, with revenue rising 18% to USD 41.8 million. Gross margin for the quarter improved to 16.9%. Operating income nearly tripled to USD 1.9 million, while net income reached USD 1.2 million for the period. For the first nine months (9M) of fiscal 2026, net income totaled USD 2.0 million, or USD 0.15 per diluted share, and comprehensive income attributable to common stockholders was USD 2.0 million. As of December 31, 2025, cash and restricted cash stood at USD 13.2 million, and net working capital was USD 36.4 million. The board of directors approved a regular quarterly dividend of USD 0.05 per share, payable on February 20, 2026, to stockholders of record as of February 13, 2026. Jerash Holdings (US) Inc. also reported progress on renovations of a new building, expected to be completed by the end of the calendar year.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jerash Holdings (US) Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1134753) on February 09, 2026, and is solely responsible for the information contained therein.

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