Jatalia Global Ventures Limited reported a net loss of ₹14.40 lakh for the financial year ended March 31, 2026, reversing the net profit of ₹4.33 lakh recorded in the previous year. The company, which is undergoing the Corporate Insolvency Resolution Process (CIRP) per an order dated March 7, 2024, filed its audited financial results with the Bombay Stock Exchange on June 2, 2026. The financial deterioration was primarily driven by a significant increase in legal and professional charges, which rose to ₹17.42 lakh in FY26 from ₹0.70 lakh in FY25.

Total income from operations for FY26 stood at ₹8.46 lakh, a decrease from ₹9.80 lakh in the preceding year. Total expenses surged to ₹22.85 lakh, up from ₹5.43 lakh in FY25. Consequently, the loss from ordinary activities before tax widened to ₹14.40 lakh. The basic and diluted earnings per share (EPS) for the year stood at (₹0.10), compared to ₹0.03 in the previous year.

Financial Position

The company's balance sheet reflects a stressed financial position. Total equity as of March 31, 2026, was reported as a negative ₹214.76 lakh, comprising equity share capital of ₹1,497.56 lakh and a negative other equity balance of ₹1,727.33 lakh. Total assets declined to ₹351.73 lakh from ₹441.53 lakh in the prior year, largely due to a reduction in non-current assets, specifically investments, which fell to ₹130.17 lakh from ₹216.37 lakh.

Current liabilities decreased to ₹566.50 lakh from ₹641.89 lakh in the previous year. The company held cash and cash equivalents of ₹0.56 lakh as of March 31, 2026, down from ₹4.56 lakh a year earlier.

Auditor's Report

Girotra & Co., Chartered Accountants, issued a modified opinion on the standalone financial statements. The auditors noted that the company did not provide for retirement benefits in terms of gratuity as per actuarial valuation, constituting a departure from the Accounting Standards prescribed under Section 133 of the Companies Act, 2013. The report stated that in the absence of a credible estimate from management regarding this liability, it was impracticable to report the possible financial effect on the financial statements.

Despite the modified opinion regarding the gratuity provision, the auditors confirmed that the internal financial controls over financial reporting were adequate and operating effectively as of March 31, 2026. The report also confirmed compliance with the Indian Accounting Standards (Ind AS) and other accounting principles generally accepted in India, subject to the noted departure.

Key Financial Metrics for FY26

Jatalia Global Ventures Limited has filed its quarterly compliance certificate with the Bombay Stock Exchange for the quarter ended March 31, 2026. The company, which is currently undergoing Corporate Insolvency Resolution Process (CIRP), submitted the mandatory documentation under SEBI regulations on April 15, 2026.

Corporate Insolvency Status

The company has been under CIRP following an order dated March 7, 2024, passed by the National Company Law Tribunal (NCLT) New Delhi Bench (Court-II) in case number CP No. IB-263/ND/2023. Resolution Professional Mohd Nazim Khan is overseeing the insolvency proceedings and filed the compliance certificate on behalf of the company.

SEBI Compliance Certificate Details

The certificate was submitted under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. Key aspects of the compliance include:

Registrar Confirmation

RCMC Share Registry Pvt. Ltd., serving as the company's Registrar and Share Transfer Agent, issued the compliance certificate on April 1, 2026. The registrar confirmed that all securities received from depository participants for dematerialization during Q4 FY26 were properly processed and confirmed to the depositories.

The registrar also verified that security certificates received for dematerialization were mutilated and cancelled after due verification by the depository participant. Additionally, the names of the depositories were substituted in the register of members as registered owners within the prescribed 15-day timeframe.

Resolution Professional Details

Mohd Nazim Khan, the appointed Resolution Professional, holds IBBI Registration Number IBBI/IPA-002/IP-N00076/2017-18/10207. His Authorization for Assignment (AFA) remains valid until December 31, 2026. The Resolution Professional operates from MNK House in East Patel Nagar, New Delhi, and can be contacted through designated email addresses for CIRP-related matters.