Jagatjit Industries reports half-year loss amid operational challenges

Jagatjit Industries Limited announced its unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025. The company reported a total income of INR 23,362 lakhs for the half year ended September 30, 2025, a decrease from INR 34,045 lakhs in the prior year. The net loss after tax for the half year on a standalone basis was INR (3,774) lakhs, with consolidated figures showing a net loss of INR (3,781) lakhs for the same period.

The company attributed the delay in submitting these financial results to the non-availability of team members responsible for finalizing accounts. Management expressed regret for the oversight and committed to strengthening internal compliance. The auditors, V.P. Jain & Associates, issued an unmodified review report for both standalone and consolidated results.

Despite the significant decrease in revenue and increase in net losses, the company maintains its going concern basis, citing expectations for increased revenue from its 200KL Ethanol plant and improved working capital through asset monetization and promoter contributions.