The Company hereby submits Integrated Filing (Financials) for the quarter and year ended 31st March, 2025, pursuant to SEBI and BSE Circulars.
Awaiting price reaction for this filing.
Jindal Leasefin Ltd submitted its audited standalone financial results for the quarter and year ended March 31, 2025. The company reported a net loss of Rs. 237.66 lacs for FY25, sharply wider than the Rs. 15.77 lacs loss in FY24. Total income turned sharply negative at Rs. (293.10) lacs compared with Rs. 0.73 lacs last year, driven by fair value losses on investments under Other Operating Income. Operating cash outflow worsened to Rs. (310.90) lacs from Rs. (17.69) lacs in FY24. Borrowings surged from Rs. 46.19 lacs to Rs. 531.98 lacs, while total equity declined from Rs. 826.75 lacs to Rs. 637.04 lacs. Statutory auditors M/s ANSK & Associates issued an unmodified opinion, and the company noted that related-party transaction disclosure and several other SEBI regulations are not applicable due to its small paid-up capital and net worth.
Sharply wider losses, deteriorating equity, and a near 11x jump in borrowings point to ongoing financial stress, which is negative for shareholders. The clean audit opinion offers limited comfort given the widening loss and rising leverage.