BSEJai Mata Glass LtdHighNeutral
Announced Thu, 31 Jul · 15:13 IST

1. Approval of Un-audited financial results on Standalone basis of the Company for the quarter and three months ended June 30, 2025. 2. Approval of Directors' Report with Annexures for ....

Going ConcernPat Growth 25pctResults View source PDF

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AI summary

The board of Jai Mata Glass approved standalone unaudited financial results for Q1 FY26 (quarter ended June 30, 2025), reporting total income of Rs 10.86 lakhs and profit after tax of Rs 2.25 lakhs (EPS Rs 0.002), compared to Rs 10.78 lakhs and Rs 0.70 lakhs in Q1 FY25 — a sharp jump in PAT on a tiny base. Revenue from operations was nearly flat at Rs 10.85 lakhs vs Rs 10.77 lakhs last year. A notable disclosure states the company has been appointed as a selling agent for figured glass and is exploring new business opportunities, with accounts prepared on a going-concern basis. The board also appointed M/s Khiwani Sood & Associates as statutory auditor and M/s Navneet Kumar & Associates as secretarial auditor for a 5-year term starting FY26, and fixed the AGM for September 8, 2025.

Likely market impact

PAT tripled year-on-year, but revenue is essentially stagnant and the company has shifted to a selling-agent model with negative reserves of Rs 784.66 lakhs carried forward, signalling a small, turnaround-stage business where results may remain volatile. Shareholders should watch the September AGM for clarity on the new business direction.