Jatalia Global Ventures Ltd Reports Financial Results While Undergoing CIRP; Total Assets Stand at 351.73 Lacs
Jatalia Global Ventures Limited, a company currently under Corporate Insolvency Resolution Process (CIRP), has released its audited financial results for the financial year ending March 31, 2026. The statements reflect both operational losses and changes in the balance sheet compared to the previous fiscal year.The results were reviewed by the Committee of Creditors, providing a snapshot of the company’s financial standing during this period of resolution.
Financial Performance Overview (FY 2025-2026)
For the financial year ending March 31, 2026, Jatalia Global Ventures registered a net loss from ordinary activities after tax amounting to 12.31 Lacs.Key figures for the operating performance were:
- Total Income from operations (net): 2.56 Lacs
- Total Expenses: 14.85 Lacs
- Profit/(Loss) from ordinary activities before tax: (12.30) Lacs
- Net Profit / (Loss) for the period: (12.31) Lacs
The company's operational profitability metrics were as follows:
| Metric | Quarter Ended 31.03.2026 (Audited) | Quarter Ended 31.03.2025 (Audited) |
|---|---|---|
| Net Profit / (Loss) for the period | (12.31) Lacs | 4.33 Lacs |
| Basic Earnings Per Share (EPS) | (0.08) | 0.03 |
Balance Sheet Snapshot Comparison
The company's balance sheet shows changes in assets and equity between March 31, 2025, and March 31, 2026. Total Assets decreased to 351.73 Lacs, while total liabilities rose to 566.50 Lacs.Summary of key financial positions:
| Particular | As on 31.03.2026 (Audited) | As on 31.03.2025 (Audited) |
|---|---|---|
| Total Assets | 351.73 Lacs | 441.53 Lacs |
| Equity Share Capital | 1,512.57 Lacs | 1,512.57 Lacs |
| Other Equity | (1,727.33) Lacs | (1,712.93) Lacs |
| Total Current Assets | 221.56 Lacs | 225.15 Lacs |
Auditor’s Report Highlights and Compliance Matters
The Independent Auditor's Report confirmed that the Standalone Financial Statements present a true and fair view of the company’s affairs as at March 31, 2026, in conformity with Indian Accounting Standards (Ind AS). The audit also found that Jatalia Global Ventures had an adequate internal financial control system over financial reporting, which was operating effectively.Regarding compliance matters disclosed by the auditor:
- Fixed Assets: The company reported that it does not have any fixed assets.
- Statutory Dues: While the company is regular in depositing undisputed statutory dues, a specific instance of income tax for the assessment year 2018-2019 amounting to Rs 14,489,470/- was noted as an outstanding due.
- VAT Issues: The auditor reported that VAT had been raised by the department in relation to F.Y 2012-13 and 2013-14, totaling Rs 10,94,822/- and Rs 25,383/ respectively. The company is currently appealing this matter with the VAT appellate authority.
The company also confirmed that it had not entered into any non-cash transactions with its Directors or connected persons during the year, adhering to relevant provisions of the Companies Act, 2013.
Stock Price Movement
Jatalia Global Ventures Ltd settled at ₹1.43 on Monday, recording a 4.38% gain for the shares. Shares moved within an intraday range, hitting lows of ₹1.31 and highs of ₹1.43.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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