Reconstitution of Committees

KJMC Financial Services (NBFC) announced outcomes of its May 28, 2025 board meeting. Standalone total revenue from operations rose ~6% to Rs 492.23 lakhs (FY24: Rs 463.07 lakhs), but profit after tax slipped ~10% to Rs 81.23 lakhs (FY24: Rs 90.35 lakhs); EPS stood at Rs 1.70 vs Rs 1.89. Other equity grew sharply to Rs 13,486.81 lakhs from Rs 10,316.33 lakhs, largely driven by fair value gains on equity investments shown in OCI. The statutory auditor (Batliboi & Purohit) issued an unmodified opinion on both standalone and consolidated results, though it flagged that an unsecured loan to a related party (KJMC Capital Market Services) lacks a formal agreement and that interest on inter-corporate deposits to related parties is not being recovered on time. The board re-appointed M/s Sanjay Raja Jain & Co as Internal Auditor for FY26 and reconstituted the Audit Committee and Stakeholders Relationship Committee by inducting Mr. Girish Jain.