1. Approved the Un-Audited Standalone and Consolidated Financial Results for the Quarter ended June 30, 2025 along with the Limited Review Report, 2. Approved holding of 31st Annual General ....
Awaiting price reaction for this filing.
JPT Securities reported a net loss of Rs. 3.38 lakhs in Q1 FY26 (quarter ended June 30, 2025), reversing a profit of Rs. 1.29 lakhs in the same quarter last year. Revenue from operations stayed flat at Rs. 10.47 lakhs, but total expenses jumped to Rs. 13.83 lakhs from Rs. 9.19 lakhs, mainly due to higher other expenses of Rs. 9.65 lakhs. The statutory auditor flagged an Emphasis of Matter noting the company is facing liquidity issues, has not settled statutory dues of Rs. 2.85 crores outstanding for over six months, and has pending income tax cases with unprovided potential liabilities. Management has represented these as temporary, asserting no going concern risk. The board also approved holding the 31st AGM on September 30, 2025, and appointed Mr. Jigar Mehta as an Additional Independent Director and Mrs. Neha Gandhi as an Additional Non-Independent (Woman) Director.
The swing to a loss combined with the auditor's emphasis on liquidity stress and sizeable unpaid statutory dues is a red flag for shareholders, even though the audit opinion remains unmodified. Investors should monitor whether the company resolves the Rs. 2.85 crore dues and stabilises its expense base in coming quarters.