Jyoti Structures Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.

The board of Jyoti Structures Limited, at its meeting on August 14, 2025, approved the unaudited standalone and consolidated financial results for Q1 FY26 (quarter ended June 30, 2025). The board also approved three ESOP allotments totaling 5,02,333 equity shares of Rs. 2 each under the JSL ESOS 2021 scheme, at exercise prices of Rs. 5, Rs. 10, and Rs. 15 per share, bringing total issued shares to 11,91,245,137. Several auditors were appointed or re-appointed, including internal auditors (Bhushan Khot & Co. and K N B J & Associates), a Cost Auditor, a Tax Auditor, and a Secretarial Auditor for a five-year term. The board also constituted a CSR Committee and approved the notice of the 50th Annual General Meeting. The auditor, SARC & Associates, issued an unmodified review opinion on both standalone and consolidated results. However, the auditor flagged several 'Other Matters,' including an ongoing trade receivables reconciliation (with Rs. 12.50 crore provisioned for estimated credit loss), reliance on management representations for asset/liability valuation, unaudited management-reported figures for five project-site branches, and a significant concern that the net worth of several overseas subsidiaries and one Indian subsidiary (Jyoti Energy Limited) has been fully eroded due to accumulated losses, with the auditor unable to comment on the potential impairment impact.