JTL INDUSTRIES LIMITED has informed the Exchange regarding Change in Auditors of the company.
JTLIND · price
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JTL Industries Limited reported FY2026 audited results showing mixed performance. Standalone revenue declined 6% to Rs 1,79,838 Lakhs with net profit down 11% to Rs 8,788 Lakhs. However, consolidated revenue grew 12% to Rs 2,13,636 Lakhs with net profit up 4% to Rs 10,306 Lakhs, boosted by newly acquired subsidiary JTL Defence Limited (95% stake acquired via NCLT in October 2025). The board recommended dividend of Rs 0.125 per share (12.5%). Borrowings increased significantly to Rs 20,322 Lakhs (standalone) for expansion and working capital. Internal auditors appointed (Vikas Kshitij & Associates) and cost auditors reappointed (Balwinder & Associates). Statutory audit conducted by N Kumar Chhabra and Co with unmodified opinion.
Consolidated performance shows positive growth trajectory from acquisitions, though standalone profitability declined. Increased debt levels and working capital requirements warrant monitoring. Dividend payout is modest at current profitability levels.