Approved Un-audited Financial Results for Quarter ended June 30, 2025.
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The Board of Jeet Machine Tools Ltd approved the standalone unaudited financial results for the quarter ended June 30, 2025, along with a clean Limited Review Report from Agrawal Jain & Gupta. Revenue from operations fell sharply to Rs 0.18 lakh from Rs 2.39 lakh in the year-ago quarter, with total income dropping to Rs 0.97 lakh versus Rs 2.39 lakh. The net loss narrowed significantly to Rs 3.95 lakh (EPS of Rs -0.20) from Rs 43.18 lakh a year earlier, largely because last year's quarter carried exceptional items of Rs 21.89 lakh that are absent this time. On the governance side, the Board appointed Mrs. Tasnim Sabuwala as an Independent Women Director for five years, M/s B.R. Gharpure & Associates as Secretarial Auditor for FY 2025-26 to 2029-30, and M/s J.S. Bhatia & Co as Internal Auditor for FY 2025-26.
The core business remains in deep distress, with negligible revenue and continued quarterly losses, though the absence of last year's exceptional items has shrunk the headline loss. For shareholders, this is a very small, loss-making company with weak operating performance; the appointments are routine governance matters with limited near-term effect on the stock.