Submission of un-audited quarterly financial results for the quarter ended 30-09-2025
Awaiting price reaction for this filing.
Jatalia Global Ventures Ltd, which is currently under Corporate Insolvency Resolution Process (CIRP) since March 2024, reported unaudited results for Q2 FY26. Total operating income was just Rs. 2.30 lakhs (other operating income) against nil core sales. Expenses of Rs. 1.14 lakhs (mostly legal/professional fees of Rs. 0.94 lakh) led to a small profit after tax of Rs. 1.16 lakhs (EPS Rs. 0.01). For the half year, the company booked a net loss of Rs. 2.07 lakhs. The balance sheet shows negative net worth of Rs. 202.43 lakhs (reserves at negative Rs. 1,715 lakhs), total borrowings of Rs. 198 lakhs, trade payables of Rs. 180 lakhs, and cash of only Rs. 1.39 lakhs. Operating cash flow for H1 was negative at Rs. 76.55 lakhs. The results were approved by the Committee of Creditors and signed by the Resolution Professional rather than the Board.
For shareholders, this is a high-risk situation: the company is in insolvency proceedings with fully eroded net worth, negligible operating revenue, negative operating cash flows, and no Board oversight (Resolution Professional is in charge). Equity value is effectively at risk until the CIRP resolution plan is approved.