Revenue: As of FY2027 Q1, the actual value is USD 50.23 M, beating the estimate of USD 47.9 M.

EPS: As of FY2027 Q1, the actual value is USD 0.13.

EBIT: As of FY2027 Q1, the actual value is USD 2.635 M.

Financial Highlights for Fiscal 2027 First Quarter

Segment Revenue

Jerash Holdings (US), Inc. reported record revenue of $50.2 million for the fiscal 2027 first quarter, an increase of 26.7 percent from $39.6 million in the prior year quarter. The net revenue for the three months ended June 30, 2026, was $50,229,508, compared to $39,629,308 for the same period in 2025. This growth was primarily driven by higher shipments to two major U.S. customers and continuous contributions from the Company’s strategic partner in Korea.

Gross Profit and Margin

Gross profit increased by 35.7 percent to $8.3 million in the fiscal 2027 first quarter, up from $6.1 million in the prior year quarter. The gross profit for the three months ended June 30, 2026, was $8,262,055, compared to $6,088,880 for the same period in 2025. The gross margin improved by 100 basis points to 16.4 percent, from 15.4 percent in the prior year quarter, mainly due to a higher volume of shipments to U.S. customers and enhanced efficiency from automation.

Operating Income and Expenses

Operating income advanced by 174.4 percent to $2.6 million for the fiscal 2027 first quarter, compared to $959,000 in the prior year quarter. Income from operations was $2,631,328 for the three months ended June 30, 2026, versus $958,996 for the same period in 2025. Total operating expenses were $5,630,727 in the fiscal 2027 first quarter, an increase from $5,129,884 in the same quarter last year, primarily due to higher sales volume, increased headcount, and related expenses.

Net Income

Net income increased more than fivefold to $1.7 million in the fiscal 2027 first quarter, up from $324,000 in the prior year quarter. Net income was $1,681,648 for the three months ended June 30, 2026, compared to $323,630 for the same period in 2025. Comprehensive income attributable to Jerash Holdings (US), Inc.’s common stockholders totaled $1,657,072 for the fiscal 2027 first quarter, compared with $328,240 in the same period last year.

Other Financial Metrics

Total other expenses, net, were - $545,507 for the fiscal 2027 first quarter, compared to - $306,534 in the prior year quarter. Interest expenses were - $549,353 in fiscal 2027 first quarter, compared to - $355,848 in the same period last year. Income tax expenses were $404,173 in the fiscal 2027 first quarter, compared to $328,832 in the same quarter last year.

Cash Flow

Net cash provided by operating activities was $2,533,488 for the three months ended June 30, 2026, a significant improvement from net cash used in operating activities of - $6,478,515 for the same period in 2025. Net cash used in investing activities totaled - $713,560 for the three months ended June 30, 2026, compared to - $714,919 for the same period in 2025. Net cash used in financing activities was - $153,244 for the three months ended June 30, 2026, versus - $378,710 for the same period in 2025.

Balance Sheet and Dividends

As of June 30, 2026, cash, cash equivalents, and restricted cash totaled $14.1 million, and net working capital was $38.1 million. Jerash Holdings (US), Inc.’s board of directors approved a regular quarterly dividend of $0.05 per share on its common stock on August 7, 2026, payable on August 24, 2026, to stockholders of record as of August 17, 2026.

Outlook

Jerash Holdings (US), Inc. anticipates revenue for the fiscal 2027 second quarter to be approximately $49 million to $51 million, subject to logistics efficiency amid geopolitical uncertainties. The gross margin goal for the fiscal 2027 second quarter is expected to be approximately 14-15 percent, taking into account increased transportation costs for raw material imports. The company maintains a positive outlook due to favorable trade conditions, such as duty-free access for Jordanian apparel and textile exports to the U.S., while closely monitoring geopolitical developments in the Middle East.