BSEJetking Infotrain LtdMediumNeutral
Announced Thu, 6 Nov · 20:19 IST

Please find attached herewith the Outcome of the Board Meting

Revenue Growth 20pctPat Growth 25pctEmphasis Of MatterResults RestatedRelated Party TransactionsNegative Operating CashflowResults View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Jetking Infotrain reported Q2 FY26 standalone revenue of Rs. 716.21 lakhs (up ~19.9% YoY) and profit of Rs. 341.24 lakhs vs Rs. 42.99 lakhs in Q2 FY25. For H1 FY26, revenue rose ~22.6% to Rs. 1,326.62 lakhs with profit of Rs. 380.80 lakhs vs Rs. 47.18 lakhs YoY. The jump in profits was largely aided by a sharp rise in other income (Rs. 235.63 lakhs in Q2 vs Rs. 32.29 lakhs YoY), driven by keyman insurance surrender value and profit on sale of property. The Board approved setting up two wholly-owned subsidiaries—one in India and one in UAE—to venture into virtual digital assets, education/skilling, online learning platforms, and Infrastructure-as-a-Service. Ms. Supriya Kaduskar was appointed as Company Secretary and Compliance Officer. The auditor flagged emphasis-of-matter paragraphs on a Rs. 36.77 lakh recovery matter pending in High Court and on BSE's rejection of the listing application for 3.96 lakh recently-issued shares (deployed in Virtual Digital Assets), with an appeal pending at SAT. Operating cash flow for H1 FY26 turned negative at Rs. (21.96) lakhs vs positive Rs. 205.08 lakhs in H1 FY25.

Likely market impact

Headline PAT growth looks impressive but is largely flattered by one-off other income items; core operating cash flow has turned negative. The pending BSE listing rejection and the company's push into speculative virtual digital assets via subsidiaries add risk and uncertainty for shareholders.