JITF Infralogistics Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.
JITFINFRA · price
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JITF Infralogistics submitted Q1 FY26 results reviewed by Lodha & Co LLP. On a standalone basis, profit after tax rose to Rs 7.38 lakhs from Rs 4.96 lakhs a year ago, though revenue dipped marginally to Rs 82.07 lakhs. On a consolidated basis, revenue from operations grew ~18% YoY to Rs 55,016 lakhs, but the company reported a loss after tax from continuing operations of Rs 471 lakhs (vs Rs 37 lakhs loss last year). The company's net worth is deeply negative at Rs (51,078) lakhs, with finance costs of Rs 10,093 lakhs for the quarter. The auditor flagged a material going concern uncertainty for subsidiary JITF Water Infra (Naya Raipur) due to non-extension of its concession agreement, and an emphasis of matter for subsidiary JITF Urban Waste Management (Bathinda), which received an adverse arbitration award on May 21, 2025 ruling its contract termination as illegal. Prior period figures have been restated to classify JRIL (sold in Sept 2024) as a discontinued operation.
Negative for shareholders — deeply negative consolidated net worth, rising losses from continuing operations, high finance costs, and a subsidiary-level going concern flag signal serious financial stress. The adverse arbitration outcome for the Bathinda subsidiary adds to the overhang, though the disposal of the rail freight wagon business (JRIL) continues to clean up the consolidated picture.