Audited Financial Results for the financial year ended 31st March, 2025
Awaiting price reaction for this filing.
Jatalia Global Ventures has reported its audited FY25 results, which were signed by the Resolution Professional since the company is currently under the Corporate Insolvency Resolution Process (CIRP) following an NCLT order dated 7 March 2024. The company swung from a net loss of about Rs 19.73 lakhs in FY24 to a small net profit of around Rs 4.33 lakhs in FY25, with total income of about Rs 14.31 lakhs versus Rs 6.28 lakhs earlier. The balance sheet remains weak, with negative net worth of about Rs 2 crore and accumulated business losses of nearly Rs 33 crore carried forward. A resolution plan was approved by the CoC on 11 November 2024 and is pending NCLT approval. Auditor is Girotra & Company, and the company is run by suspended directors under CIRP oversight.
This is a very small, distressed micro-cap company under formal insolvency — equity holders face high risk as the CIRP process and any approved resolution plan could lead to significant dilution or restructuring of their holdings. The tiny profit does not change the fundamental weak position, and the stock remains a high-risk bet dependent on the outcome of the NCLT-approved resolution plan.