Please find attached herewith Revised Audited Financial Results for the year ended 31st March, 2025 for your kind reference.
Awaiting price reaction for this filing.
JMG Corporation reported FY25 revenue from operations of Rs. 90.18 lakhs, up from Rs. 61.54 lakhs in FY24, but profit after tax fell sharply to Rs. 8.51 lakhs from Rs. 16.80 lakhs due to higher expenses (Rs. 105.66 lakhs vs Rs. 68.87 lakhs). Q4 standalone PAT stood at Rs. 59.91 lakhs vs Rs. 7.29 lakhs in Q4FY24. Cash flow from operations improved to Rs. 20.38 lakhs (vs Rs. 5.06 lakhs), and other equity rose to Rs. 141.04 lakhs. The Board also appointed Mr. Vivek Deokiprasad Bansal as Independent Director and Mr. Subodh Kumar as Non-Executive Director. Additionally, the company entered a Joint Development Agreement with AR Challenges Ltd to set up a municipal Waste to Energy project in Uttar Pradesh. Auditor BSD & Co. issued an unqualified opinion.
Mixed signals for shareholders: revenue growth is positive but the ~50% drop in annual profit and thin margins may concern investors, while the new waste-to-energy venture and stronger operating cash flow could be seen as forward-looking positives. The stock may react modestly given the very small absolute profit base.