Board approves Q2/H1 results; auditor review unmodified with two emphasis-of-matter items
Jetking Infotrain's Board approved the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026; the meeting ran from 2:30 p.m. to 3:36 p.m.
By ScoutQuest · · 3 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 578.74 | 716.21 | −19.2% | 532.28 | +8.7% |
| Total income | 881.25 | 951.84 | −7.4% | 603.32 | +46.1% |
| Profit before tax | 371.72 | 341.24 | +8.9% | (133.55) | — |
| Profit after tax | 371.72 | 341.24 | +8.9% | (133.55) | — |
| Total comprehensive income | 665.79 | 493.75 | +34.8% | (70.33) | — |
| Basic EPS | 5.90 | 5.41 | +9.1% | (2.12) | — |
- Total income (latest)
- 881.25 lakhs; year ago 951.84 (−7.4%); prev qtr 603.32 (+46.1%)
- Profit after tax (latest)
- 371.72 lakhs; year ago 341.24 (+8.9%); prev qtr (133.55)
- PAT YoY growth
- +8.9%
- Period
- 30/09/2026 (Unaudited)
Auditor's review
Conclusion: Unmodified
- Emphasis of matter: Note 4 regarding amount recoverable from a Broker/Sub-broker for an unauthorized NSE F&O trade of Rs. 36.77 Lakhs in earlier years.
- Emphasis of matter: Note 5 on status of appeal before Securities Appellate Tribunal, Mumbai; management assesses no material impact.
- Other matter: one foreign subsidiary not reviewed by its auditor (total assets Rs. 54.97 Lakhs, revenue Nil, loss after tax Rs. 17.23 lakhs); management-certified, not material.
Notes to the results
- Note 4: Arbitration against Broker/Sub-broker for unauthorised NSE F&O trade of Rs. 36.77 lakhs; order in Company's favour, broker's appeal at admission stage in High Court.
- Note 5: SAT order dated May 8, 2026 dismissed appeal and upheld BSE rejection of listing of 3,86,156 shares issued at Rs. 154; no penalty, no material impact on results.
Board meeting outcome
The Board of Directors considered and approved the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026. The meeting commenced at 2:30 p.m. and concluded at 3:36 p.m. Both statements carry limited review reports from statutory auditor PYS & CO LLP.
Auditor's review conclusion
- The conclusion on the statements is not modified.
- Nothing came to the auditor's attention suggesting the statements contain a material misstatement.
- Emphasis of matter 1: Rs. 36.77 Lakhs recoverable from a Broker/Sub-broker for an unauthorised trade in the NSE F&O segment, as described in Note 4.
- Emphasis of matter 2: the appeal shared before the Hon'ble Securities Appellate Tribunal, Mumbai; management assesses it has no material impact on the results or financial position (Note 5).
Standalone results (Rs. in lakhs)
- Revenue from operations: 578.74 for the quarter, against 716.21 in the same quarter a year earlier.
- Total income: 881.25 for the quarter, against 951.54.
- Profit for the period: 388.95 for the quarter, against 341.24.
- Half year: Revenue from operations 1,111.02, Total income 1,484.57, and Profit for the period 255.40, against 255.40 in the half year a year earlier.
- Earnings per share of Rs. 10 each (not annualised): basic 8.17 for the quarter and 4.05 for the half year.
Consolidated results (Rs. in lakhs)
- Revenue from operations: 578.74 for the quarter, against 716.21 a year earlier.
- Total income: 881.25 for the quarter.
- Profit for the period: 371.72 for the quarter, against 341.24; 238.17 for the half year.
- Earnings per share of Rs. 10 each: basic 5.90 for the quarter and 3.78 for the half year.
Other comprehensive income
A remeasurement of the virtual digital assets added 431.57 lakhs in the quarter, with income tax relating to it at (144.08) lakhs. The half year figure for the remeasurement is also 431.57 lakhs, with income tax of (144.08) lakhs.
The preferential issue matter
- Equity capital was raised on May 23, 2025 through a private placement by issuing 3,96,156 equity shares of Rs. 10 each at Rs. 154 per share, including Rs. 144 share premium, pursuant to BSE's in-principle approval dated May 9, 2025.
- The listing application was shared with BSE on June 10, 2025; BSE returned the application on September 23, 2025, citing the deployment of proceeds in Virtual Digital Assets prior to amendment of the object clause and its view that VDA investments are speculative.
- The company's appeal before the Hon'ble Securities Appellate Tribunal, Mumbai was dismissed by order dated May 8, 2026, upholding BSE's rejection; consequently the shares allotted under the preferential issue cannot be listed on BSE at this stage.
- The company is evaluating the implications of the order. The order does not impose any monetary penalty or fine on the company and carries no order as to costs.
Subsidiary in the consolidated statement
The consolidation includes Jetking Limited ADGM. Its interim financial information, not reviewed by its auditor, reflects total assets of Rs. 54.97 Lakhs as at September 30, 2026, total revenue of Rs. Nil, total loss after tax of Rs. 17.23 lakhs and net cash inflows of Rs. 2.17 lakhs for the half year ended on that date.
Balance sheet snapshot (standalone, Rs. in lakhs)
- Total equity: 5,040.54 as at September 30, 2026, against 4,427.85 as at March 31, 2026.
- Total assets: 6,044.33, against 5,310.02.
- Cash and cash equivalents: 166.34, against 130.46.
Cash flow (standalone, Rs. in lakhs)
- Net cash used in operating activities: (95.27) for the half year.
- Net cash generated from investing activities: 165.56.
- Net cash used in financing activities: (34.41).
Also from Jetking Infotrain
Board approves withdrawal of proposed preferential issue of up to 4.6 lakh shares
4 Nov 2026
Board meeting on November 4, 2026 to consider and approve September quarter results
28 Oct 2026
Sale Deed executed for Delhi office premises; Lease Deeds executed to keep occupying the same premises
16 Oct 2026
More numbers
- Profit for the period, standalone, quarter (Rs. in lakhs)388.95
- Profit for the period, standalone, half year (Rs. in lakhs)255.40
- Amount recoverable from Broker/Sub-broker (Note 4)Rs. 36.77 Lakhs
- Equity shares issued in private placement3,96,156
- Issue price per share in private placementRs. 154 per share
- Total income, latest quarter881.25 (Rs. in lakhs)
- Total income, year-ago quarter951.84 (Rs. in lakhs)
- Total income, previous quarter603.32 (Rs. in lakhs)
- Total comprehensive income, latest quarter665.79 (Rs. in lakhs)
- Total comprehensive income, year-ago quarter493.75 (Rs. in lakhs)
- Total comprehensive income, previous quarter(70.33) (Rs. in lakhs)
- Profit after tax, latest quarter371.72 (Rs. in lakhs)
- Profit after tax, year-ago quarter341.24 (Rs. in lakhs)
- Profit after tax, previous quarter(133.55) (Rs. in lakhs)
- Revenue from operations, latest quarter578.74 (Rs. in lakhs)
- Revenue from operations, year-ago quarter716.21 (Rs. in lakhs)
- Revenue from operations, previous quarter532.28 (Rs. in lakhs)
- Profit before tax, latest quarter371.72 (Rs. in lakhs)
- Profit before tax, year-ago quarter341.24 (Rs. in lakhs)
- Profit before tax, previous quarter(133.55) (Rs. in lakhs)
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