The Board of Directors today approved Audited Financial Results for the quarter and year ended 31st March 2026. Enclosed copy of the said Results along with Auditor''s Report.
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Jayabharat Credit Limited reported a net loss of Rs. 107.06 lakhs for FY2026 (vs Rs. 92.38 lakhs loss in FY2025). Revenue from operations was minimal at Rs. 5.66 lakhs for the full year. The company disclosed it is not in active business activities. The auditor issued an unmodified opinion but explicitly highlighted a material uncertainty regarding the company's ability to continue as a going concern, citing accumulated losses of Rs. 7,660.73 lakhs and negative net worth of Rs. 6,193.03 lakhs. The company relies entirely on promoter's Inter Corporate Deposits (Rs. 6,142.59 lakhs) to meet expenses. Operating cash flow was negative at Rs. 101.11 lakhs.
The stock remains extremely high-risk due to no active business, mounting losses, negative net worth, and heavy dependence on promoter funding. The going concern emphasis by auditors signals serious doubts about the company's survival.