Jetking Infotrain Ltd — Board Meeting, 23-05-2025: Board Meeting

Jetking Infotrain has announced a board meeting on 23rd May 2025, approving audited consolidated and standalone financial results for the quarter and year ended March 31, 2025. The company reported a standalone net loss of Rs. 129.85 lakh in the quarter but a net profit of Rs. 342.69 lakh for the year. Consolidated results showed a net loss of Rs. 129.85 lakh for the quarter and a net profit of Rs. 315.55 lakh for the year. The company reclassified its Virtual Digital Assets from financial assets to intangible assets, adopting a revaluation model with changes recognized in OCI. It also approved a preferential allotment of 3.96 lakh equity shares raising Rs. 6.10 Cr, to be used mainly for education initiatives, digital asset acquisition, and corporate purposes. M/s. Divatia & Mehta were re-appointed as internal auditors for FY 2025-26. An arbitration case over Rs. 36.77 lakh with a broker is pending appeal in High Court, with no provision needed currently.