Earnings Releases·Nov 10, 2026, 8:05 AM ET

Jerash Holdings — Fiscal 2027 Second Quarter Earnings Summary

Revenue rose 19.8% year-over-year to $50.3 million, while net income surged to $2.2 million ($0.16 per share) from $479,000 ($0.04 per share) in the prior-year quarter, driven by a 320 basis point gross margin expansion to 18.2%.
Fiscal 2027 third-quarter revenue guidance is set at $49 million to $51 million (17-22% growth), though gross margins are projected to dip to 16-17% due to rising raw material transportation costs.
Production facilities remain fully booked through June 2027, with capacity expansion projects expected to increase output by 15-20% by September 2027.
The board approved a regular quarterly dividend of $0.05 per share, payable November 23, 2026, while operating cash flow for the six-month period totaled $7.5 million.