UNAUDITED FINANCIAL RESULTS AS ON 30TH SEPTEMBER, 2025
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Awaiting price reaction for this filing.
Jagjanani Textiles Limited reported zero revenue from operations for both Q2 FY26 and H1 FY26, with no business activity generating sales. Total expenses for the quarter rose sharply to Rs 2.99 lakh (vs Rs 0.44 lakh in Q2 FY25), driven mainly by employee costs and other expenses. The company posted a loss after tax of Rs 6.41 lakh for H1 FY26, wider than the Rs 1.04 lakh loss in H1 FY25, with basic EPS of (Rs 0.04). Most critically, the balance sheet shows negative shareholders' equity of Rs (12.18) lakh as on 30 September 2025, with other equity at Rs (1,572.18) lakh wiping out the entire Rs 1,560 lakh share capital. The auditor (Rajeshkumar P Shah & Co) issued an unmodified limited review report with no qualifications noted.
This is a deeply concerning filing for shareholders. With zero operating revenue, widening losses, negative book value, and continuing cash burn, the company appears to have no active business. The stock is highly risky and faces serious going-concern questions — investors should treat this as a strong warning sign.