Jerash Holdings (US), Inc. reported fiscal 2027 first-quarter results ending June 30, 2026, achieving record revenue of $50.2 million, a 26.7% increase from the prior year period. Net income surged more than fivefold to $1.7 million, or $0.13 per diluted share, driven by higher shipments to major U.S. customers and improved gross margins of 16.4%. The company also announced that its board approved a regular quarterly cash dividend of $0.05 per share, payable on August 24, 2026, to shareholders of record as of August 17, 2026. Management provided second-quarter revenue guidance of approximately $49 million to $51 million and gross margin expectations of 14-15%, citing geopolitical uncertainties affecting logistics and transportation costs. Jerash Holdings manufactures and exports custom sportswear and outerwear for leading global brands.
