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Jainco Projects India LtdBoard Meeting, 30-05-2025: Board Meeting

30-05-2025 | 08:41 pm

Jainco Projects (India) Limited has announced a board meeting on which it approved the audited financial results for the quarter and year ended. The company reported total income of Rs. 73.30 lakh for the year, with a profit after tax of Rs. 0.73 lakh. Operating expenses were Rs. 72.33 lakh, and finance costs stood at Rs. 52.79 lakh. The company’s financial position shows total assets of Rs. 2994.99 lakh, with a debt-to-equity ratio of 1.91 and a current ratio of 1.20. Cash flow from operations was negative at Rs. 1243.95 lakh, mainly due to an increase in loans and working capital changes, while financing activities brought in Rs. 1205.67 lakh. The independent auditor issued an unmodified opinion, noting that confirmations for certain balances are awaited but did not affect the audit conclusion. The company continues as a going concern.

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