Jetking Infotrain Ltd — Updates, 23-05-2025: Company Update

Jetking Infotrain Limited has announced a board meeting on financial results for the quarter and half-year. The company reported a standalone net loss of Rs 129.85 lakhs for the quarter but a net profit of Rs 342.69 lakhs for the year, with total comprehensive income of Rs 426.66 lakhs. Consolidated results show a net loss of Rs 129.85 lakhs for the quarter and a net profit of Rs 315.55 lakhs for the year. The company reclassified virtual digital assets from financial assets to intangible assets, adopting a revaluation model with gains/losses in OCI, restating prior periods accordingly. It reappointed M/s. Divatia & Mehta as Internal Auditor for FY 2025-26 and approved allotment of 3.96 lakh shares at Rs 154 per share, raising Rs 6.10 Cr on a preferential basis. The preferential issue proceeds will support training initiatives, virtual digital asset acquisition, and corporate purposes. Arbitration in favor of the company for Rs 36.77 lakhs from a broker dispute is under appeal, with management confident no provision is needed currently. Operating cash flow showed modest use, while investing activities reflected higher capital expenditure.