Jerash Holdings (US), Inc. Reports Financial Results for Fiscal Year 2026

Jerash Holdings (US), Inc. announced financial results for its fiscal 2026 fourth quarter and full year, ended March 31, 2026. The company reported a significant increase in revenue and a shift from net loss to net income. For the fourth quarter, revenue rose by 46.6% to $42.9 million, with operating income advancing to $2.3 million and net income improving to $1.7 million. For the full fiscal year 2026, revenue reached a record $166.3 million, a 14.0% increase from the previous year. Gross margin improved to 16.1%, and operating income more than quadrupled to $6.3 million. Net income for the full year was $3.6 million, or $0.27 per diluted share, compared to a net loss of $840,000 in fiscal 2025. The company also provided an outlook for the fiscal 2027 first quarter, expecting revenue growth of 20-22%. Jerash Holdings is expanding its production capacity and focusing on automation and efficiency to further improve margins.