JITF Infralogistics has released its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The Board of Directors approved the results in a meeting held on May 12, 2026. On a consolidated basis, the company reported a net loss of ₹993.47 lakh for the fiscal year, compared to a net profit of ₹14,477.92 lakh in the previous year. The reversal was primarily driven by exceptional items amounting to ₹4,592.17 lakh related to share-based payment expenses, and the absence of income from discontinued operations, which had contributed a net profit of ₹16,920.91 lakh in the prior year.

Standalone Financial Performance

On a standalone basis, the company reported a profit of ₹6.20 lakh for the quarter ended March 31, 2026, compared to ₹10.24 lakh in the corresponding quarter of the previous year. For the full year, standalone profit stood at ₹22.51 lakh, down from ₹28.47 lakh in the prior year. Total income for the year declined to ₹353.43 lakh from ₹369.82 lakh previously. The company's standalone net worth stood at ₹32,078.40 lakh as at March 31, 2026, with paid-up equity share capital of ₹514.07 lakh.

Consolidated Financial Performance

The consolidated financials reflect a net loss of ₹993.47 lakh for the year, a sharp reversal from the net profit of ₹14,477.92 lakh recorded in the prior year. For the quarter ended March 31, 2026, the company reported a consolidated net loss of ₹783.80 lakh, compared to a net loss of ₹6 lakh in the same quarter of the previous year. Consolidated revenue for the quarter rose to ₹8.98 billion from ₹7.90 billion in the year-ago period, with total income for the quarter at ₹91,342.84 lakh compared to ₹80,093.76 lakh previously. Revenue from operations for the full year increased to ₹2,80,802.29 lakh from ₹2,26,481.04 lakh, reflecting healthy top-line growth. However, total expenses rose to ₹2,75,339.98 lakh from ₹2,29,129.84 lakh. Exceptional items of ₹4,592.17 lakh, pertaining to ESOP-related share-based payment expenses at subsidiary JWIL Infra Limited, weighed on the bottom line.

Segment-Wise Performance

The group operates across three primary segments: Water Infrastructure, Urban Infrastructure, and Trading Activities. Water Infrastructure remained the largest contributor, with segment revenue of ₹2,23,237.27 lakh for the year, up from ₹1,84,277.26 lakh in the prior year. Urban Infrastructure revenue grew to ₹44,781.76 lakh from ₹35,363.94 lakh. Trading Activities contributed ₹12,783.26 lakh. Total segment assets stood at ₹5,03,295.84 lakh as at March 31, 2026, compared to ₹4,23,473.63 lakh previously.

Consolidated Balance Sheet Highlights

Consolidated total assets grew to ₹5,03,295.83 lakh as at March 31, 2026, from ₹4,23,473.63 lakh in the prior year. Non-current borrowings stood at ₹3,35,952.75 lakh, while current borrowings were ₹58,595.10 lakh. Cash and cash equivalents from continuing operations increased to ₹20,042.23 lakh from ₹13,385.42 lakh. Trade receivables (current) rose significantly to ₹1,27,107.48 lakh from ₹83,748.37 lakh.

Key Corporate Developments

During the year, JWIL Infra Limited, a material subsidiary, granted 37,85,000 stock options under the "JWIL ESOP Scheme 2025" to eligible employees, with share-based payment expense of ₹4,592.17 lakh disclosed as an exceptional item. Upon exercise of all options, the shareholding of JITF Urban Infrastructure Services Limited in JWIL will be diluted from 54.60% to 50.01%, though JWIL will continue to remain a subsidiary of the company. The Rail Freight Wagons segment was disinvested to Texmaco Rail & Engineering Limited, and the group now operates three primary segments. The auditors, M/s Lodha & Co LLP, issued an unmodified opinion on both the standalone and consolidated financial results.

JITF Infralogistics convened an Extraordinary General Meeting (EGM) on May 6, 2026, at its registered premises located at A-1, UPSIDC Industrial Area, Nandgaon Road, Kosi Kalan, Mathura – 281403. The meeting was held in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and addressed a significant corporate governance matter involving related party transactions.

EGM Proceedings and Agenda

The EGM commenced at 12:00 Noon and concluded at 12:30 P.M. on the same day. The meeting was convened to transact the following business:

The sole agenda item transacted at the EGM was the approval of material related party transactions between JITF Infralogistics and its subsidiaries with JWIL Infra Limited. Such approvals are required under applicable SEBI regulations when the value or nature of transactions with related parties meets the threshold of materiality as defined under the regulatory framework.

Voting Results and Disclosure

The company has stated that the voting results pertaining to the business transacted at the EGM will be disclosed in due course of time, in accordance with regulatory requirements. The proceedings were communicated to both BSE Limited and the National Stock Exchange of India Ltd. through their respective online platforms — the BSE Listing Centre and NEAPS — on the date of the meeting.

The disclosure was signed by Alok Kumar, Company Secretary of JITF Infralogistics, and was digitally authenticated on May 6, 2026.