Jaykay Enterprises Ltd — Board Meeting, 29-05-2025: Board Meeting
Jaykay Enterprises Limited has announced a board meeting outcome approving the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2025, with unmodified auditor opinions. The company reported total standalone revenue of ₹26.70 Cr, driven by operating income and other income, including a ₹7.98 Cr gain on sale of investments. Profit before tax stood at ₹15.09 Cr with net profit at ₹12.67 Cr. Consolidated total revenue reached ₹98.94 Cr, with a consolidated net profit of ₹7.17 Cr. The company highlighted significant investments classified at cost due to lack of operational clarity in an erstwhile associate. Additionally, Jaykay has appointed M/s Varuna Mittal & Associates as Secretarial Auditor for five years, subject to shareholder approval. Utilization of ₹146.15 Cr raised through a rights issue is underway, largely funding subsidiaries’ capital expenditures and loan repayments.
