Jetking Infotrain Ltd — Results, 23-05-2025: Result

Jetking Infotrain has announced a board meeting to approve the financial results for the quarter and half-year ended March 31, 2025. The Board approved audited standalone and consolidated results, showing standalone revenue at Rs 2,177.86 lakhs with a profit of Rs 342.69 lakhs for the year. The company reported a net loss of Rs 129.85 lakhs for the quarter but a net profit for the year, reflecting volatility in operations. The auditors issued an unmodified opinion. The company reclassified Virtual Digital Assets from financial to intangible assets, adopting a revaluation model. M/s Divatia & Mehta was re-appointed as Internal Auditor for FY 2025-26. The Board approved a preferential allotment of 3.96 lakh shares at Rs 154 each, raising Rs 6.10 Cr, with proceeds aimed at education, virtual digital assets acquisition, and corporate purposes. The company is still pursuing recovery of Rs 36.77 lakhs from a broker in arbitration, with ongoing High Court appeal.