Approved unaudited financial results for the quarter and nine months ended December 31, 2025
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Jeet Machine Tools Ltd reported a net profit of Rs 362.01 lakhs for Q3 FY26 (Oct-Dec 2025), swinging from a loss of Rs 4.51 lakhs in the same quarter last year. For the nine months ended December 2025, net profit stood at Rs 354.47 lakhs versus a loss of Rs 49.84 lakhs a year ago. However, the entire turnaround is driven by a one-time, non-recurring gain of Rs 402.56 lakhs from the sale of an investment property, which appears under 'Other Income'. Core revenue from operations remains negligible at just Rs 2.40 lakhs for the quarter (down from Rs 3.36 lakhs YoY) and Rs 8.50 lakhs for nine months (flat YoY). The auditor (Agrawal Jain & Gupta) issued a clean review report with no qualifications or concerns.
Despite the headline profit, shareholders should note that the company's core business continues to generate almost no revenue and remains loss-making at the operating level. The reported profit is essentially a one-off asset sale and is not sustainable. The stock may see short-term volatility, but the underlying business fundamentals remain weak.