outcome of board meeting and unaudited financial results for Quarter ended 30/06/2025 along with limited review report of auditor
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Jainco Projects (India) Ltd's board, at its meeting on August 14, 2025, approved unaudited financial results for Q1 FY26 (quarter ended 30/06/2025). Revenue from operations jumped sharply to Rs 27.84 lakhs from just Rs 3.36 lakhs in the same quarter last year. The company swung back to a profit of Rs 0.30 lakhs, compared to a loss of Rs 4.02 lakhs in Q1 FY25. Total expenses stood at Rs 27.54 lakhs, with finance costs of Rs 20.59 lakhs remaining the largest line item. Statutory auditor Sarkar Gurumurthy & Associates issued a clean limited review report with no qualifications. The company also confirmed no unutilised public funds, making the Regulation 32 deviation statement not applicable.
The strong revenue jump and return to profit are positive signs, though the absolute numbers remain very small and the company's heavy finance costs (Rs 20.59 lakhs) suggest a leveraged balance sheet. Shareholders should note the turnaround is on a tiny base, and the disputed creditor charges not being provided for could pose future risk.