Annual Audited Financial Result of the Company for Half Year and Year ended 31.03.2025
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Jointeca Education Solutions reported FY25 revenue from operations of Rs. 21.20 lakhs, more than doubling from Rs. 9.87 lakhs in FY24 (~115% growth). However, the company swung deeper into losses with a net loss of Rs. 151.85 lakhs (vs Rs. 102.37 lakhs last year), largely because of very high depreciation and amortization of Rs. 118.60 lakhs on its intangible assets. Reserves and surplus are deeply negative at Rs. -472.49 lakhs, and shareholder equity is only Rs. 529 lakhs propped up by capital. The statutory auditor (JPAAG & Associates) issued an unmodified opinion but flagged an Emphasis of Matter noting a 'severe financial crisis,' non-deduction of TDS, no confirmations for receivables/payables, and business being transacted through associates due to the financial crunch.
Despite strong revenue growth, the company remains loss-making with eroded reserves and an auditor-flagged going concern risk; this is a high-risk, small-cap stock where shareholders should watch for any revival plans, debt infusion, or restructuring before taking exposure.