Re-appointment of M/s Divatia and Mehta, Chartered Accountants as Internal Auditor of the Company for the Financial Year 2026-27
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Jetking Infotrain Limited reported a significant turnaround from profit to loss for FY 2026. Standalone revenue from operations grew marginally to Rs 2,222.07 lakhs (vs Rs 2,177.86 lakhs), but the company posted a loss before tax of Rs 122.16 lakhs compared to a profit of Rs 385.00 lakhs in FY 2025. The consolidated loss before tax stood at Rs 81.43 lakhs. The Board approved audited financial statements for Q4 and FY ended March 31, 2026, with an unmodified audit opinion from PYS & Co. LLP. Key appointments include re-appointment of M/s Divatia & Mehta as Internal Auditor for FY 2026-27 and Mr. Harsh Bharwani as Managing Director & CEO for 3 years from August 31, 2026, subject to shareholder approval via postal ballot. The company raised Rs 610.08 lakhs through equity issuance and generated positive operating cash flow of Rs 128.78 lakhs.
The shift from profit to loss in FY 2026 signals deteriorating financial performance, which could negatively impact the stock price. However, positive cash flow generation and leadership continuity may provide some stability for investors.