Audited Standalone Financial Results and Statements of the Company for the Fourth Quarter and the Financial Year ended March 31, 2026.
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Jagsonpal Services Ltd reported a massive surge in revenue from operations to Rs 38.99 lakh in FY26 from just Rs 0.15 lakh in FY25. However, the company continues to incur significant losses with a net loss of Rs 490.69 lakh for FY26 compared to Rs 71.25 lakh in FY25. Total expenses escalated to Rs 525.61 lakh primarily driven by rent expense (Rs 257.09 lakh), employee costs (Rs 111.37 lakh), and professional fees (Rs 95.76 lakh). The company has negative other equity of Rs 695.04 lakh indicating accumulated losses eroding net worth. Operating cash outflows worsened to Rs 213.79 lakh from Rs 85.61 lakh. Statutory auditors Jain Vinay & Associates issued an unmodified audit opinion. The company is in the process of acquiring Welcast Finstocks Private Limited with RBI approval pending.
The stock may face selling pressure due to widened losses, negative equity, and deteriorating cash position despite revenue surge. The significant jump in expenses without proportional revenue growth raises concerns about business scalability and profitability timeline.