Audited Financial Results for the year ended 31.03.2026
Awaiting price reaction for this filing.
Jatalia Global Ventures Limited reported a net loss of Rs. 14.40 Lacs for FY 2025-26, compared to a net profit of Rs. 4.33 Lacs in the previous year. Total income declined from Rs. 9.80 Lacs to Rs. 8.46 Lacs. The company is under Corporate Insolvency Resolution Process (CIRP) since March 2024. The balance sheet shows negative equity of Rs. 214.76 Lacs, indicating liabilities exceed assets. Operating cash flow turned negative at Rs. 90.20 Lacs versus positive Rs. 204.46 Lacs in the prior year. The auditor issued a modified (qualified) opinion due to the company's failure to provide for gratuity liability as per actuarial valuation, which violates accounting standards. Cash and cash equivalents declined from Rs. 4.56 Lacs to Rs. 0.56 Lacs.
The company is in severe financial distress with negative equity and ongoing insolvency proceedings. Shareholders face extreme risk as the stock is likely to be delisted or restructured. The qualified auditor opinion adds further concern about financial reporting quality.