Newjaisa Technologies Limited — Board Meeting, 02-07-2025: Outcome of Board Meeting

Newjaisa Technologies Limited has announced a board meeting on July 2 where it approved the audited financial results for FY24-25. The company reported revenue from operations of Rs 65.65 Cr and net loss widened to Rs 11.32 Cr compared to last year’s profit. Key expenses included employee costs and depreciation, keeping profitability under pressure. The board reappointed Mr. Jagadeesh Hebbar as internal auditor for FY25-26. On the operational front, Newjaisa expanded its refurbishment facility to 34,000 sq ft and is launching an upgraded ERP 4.0 system aimed at boosting efficiency. Marketing efforts have intensified with new campaigns expanding both B2C and B2B sales channels. Fund utilization included working capital, repayment of bank facilities, and infrastructure investments, largely aligned with planned IPO proceeds.