Jainex Aamcol Limited shareholders approved all resolutions at the company’s 78th Annual General Meeting (AGM) held on September 3, 2026. The meeting was conducted via Video Conference or Other Audio Visual Means (OAVM).

The Jainex Aamcol AGM commenced at 12:15 pm and concluded at 12:30 pm. Kunal Bafna, Whole-time Director and CFO, chaired the proceedings. The requisite quorum was present to transact business.

Key Resolutions

Shareholders approved two ordinary resolutions during the meeting:

• Adoption of the Audited Financial Statements for the financial year ended March 31, 2026, along with the Board of Directors’ Report and Auditors’ Report.
• Re-appointment of Mrs. Bharati Bafna as a Director, who retires by rotation and offered herself for re-election.

Attendees

Several board members joined the virtual meeting from different locations:

• Prashant Wadile, Whole-time Director, joined from Aurangabad.
• Bharati Bafna, Director, joined from Jaipur.
• Sonam Dubey, Company Secretary and Compliance Officer, joined from Mumbai.
• Sachindra Misra, Independent Director and Chairman of multiple committees, joined from Jaipur.

Independent Directors Murla Dhar Motwani and Daljeet Saluja were absent due to personal exigencies.

Voting Process

The company utilized MUFG Intime Private Limited as its Registrar and Transfer Agent for e-voting. Shareholders who had not voted remotely were able to cast votes during the meeting using the Instameet facility. Mrs. Sonal Shah served as the Scrutinizer for the voting process.

Kunal Bafna was authorized to declare the voting results by September 5, 2026. The Scrutinizer’s report and detailed voting data will be shared separately.

Jainex Aamcol Limited reported a net profit of ₹47.87 lakh for the quarter ended June 30, 2026, reflecting a 6.6% year-on-year growth from ₹44.89 lakh in Q1FY25. The company’s total income from operations increased to ₹757.97 lakh, compared to ₹656.36 lakh in the corresponding period of the previous fiscal year. This performance indicates steady operational momentum despite a slight sequential dip in revenue from ₹773.62 lakh in Q4FY26.

The unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on August 7, 2026. The company published these results in compliance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with advertisements appearing in "Active Times" and "Mumbai Lakshadeep" on August 9, 2026. Detailed financial statements are available on the BSE website and the company’s official portal.

Financial Performance Overview

Jainex Aamcol’s profitability metrics show resilience, with pre-tax profits rising marginally. The net profit before tax stood at ₹63.12 lakh for Q1FY26, slightly higher than ₹62.34 lakh recorded in Q1FY25. However, this represents a sequential decline from ₹58.39 lakh in Q4FY26, where figures represent the difference between audited full-year data and published nine-month results. No exceptional or extraordinary items were reported for the current quarter.

Earnings per share (EPS) for the quarter were ₹2.13, down from ₹3.03 in the preceding quarter but higher than the ₹3.00 reported in Q1FY25. The equity share capital remained stable at ₹224.76 lakh, consistent with levels seen in Q4FY26 and FY25, though it has expanded from ₹149.94 lakh in Q1FY25.

What the Numbers Show

The divergence between sequential revenue decline and year-on-year growth highlights seasonal or cyclical variations in Jainex Aamcol’s business model. While total income dropped by approximately 2% from Q4FY26, the 15.5% year-on-year expansion suggests underlying demand strength. The maintenance of net profit margins despite lower sequential revenue indicates effective cost management during the period.

Kunal Bafna, Whole-time Director and CFO, certified the results on August 7, 2026. The company noted that previous period figures have been regrouped where necessary to align with current period presentations, ensuring comparability across reporting periods.