Earnings ·
Jerash Holdings reports Q2 revenue up 19.8% to $50.3M and declares $0.05 quarterly dividend
JRSHJerash Holdings (US), Inc.
Jerash Holdings (US), Inc. reported fiscal 2027 second-quarter results ending September 30, 2026, with revenue increasing 19.8 percent to $50.3 million from $42.0 million in the prior-year quarter. Net income rose nearly four-fold to $2.2 million, or $0.16 per diluted share, compared to $479,000 previously. Gross margin expanded 320 basis points to 18.2 percent, driven by higher shipment volumes and operational efficiencies. The company also announced a regular quarterly dividend of $0.05 per share, payable November 23, 2026, to holders of record as of November 16, 2026. Jerash Holdings manufactures and exports custom sportswear and outerwear in Jordan for global brands.