Approved Un-audited Financial Results for Quarter ended June 30, 2025.
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The board of Jeet Machine Tools Ltd approved the unaudited standalone financial results for Q1 FY26 (quarter ended June 30, 2025) along with other corporate actions. Total income for the quarter stood at Rs. 0.97 lakhs, down sharply from Rs. 2.39 lakhs in Q1 FY25, with revenue from operations falling to just Rs. 0.18 lakhs. The company reported a net loss of Rs. 3.95 lakhs, a significant improvement from the Rs. 43.18 lakhs loss in the year-ago quarter, largely due to lower expenditure and the absence of exceptional items that had hit the prior period. Total expenses came in at Rs. 6.49 lakhs versus Rs. 21.20 lakhs in Q1 FY25. The company continues to carry unabsorbed losses and depreciation, so no current tax provision was made. The board also appointed a new independent women director, a secretarial auditor for five years, and a new internal auditor for FY26.
The company remains in the red with an extremely thin revenue base, which is a concern for shareholders. The reduced loss year-on-year is a positive sign but is mainly driven by cost cuts and base effect rather than a turnaround in operations. Investors should watch for sustained revenue recovery before considering improvement in fundamentals.