JMD Ventures reported a 76.5% decline in net profit to ₹31.17 crore for the financial year ended March 31, 2026, down from ₹132.87 crore in the previous year. Revenue from operations fell to ₹46.61 crore from ₹161.55 crore in FY25. The company’s total income for the year stood at ₹132.10 crore, a sharp decrease from ₹292.34 crore in the prior year.

The Board of Directors took the audited financial results on record during a meeting held on May 26, 2026. The filing was made in compliance with Regulation 33 of the SEBI (LODR) Regulations, 2015. Statutory auditors M/s. Rajesh Kumar Gokulchand & Associates issued an audit report with an unmodified opinion on the standalone financial statements.

Financial Performance

The company’s expenses for the year totaled ₹69.32 crore, lower than the ₹135.40 crore reported in FY25. Profit before tax for the year was ₹62.78 crore, compared to ₹174.35 crore in the previous year. For the quarter ended March 31, 2026, the company reported a net loss of ₹9.78 crore, contrasting with a profit of ₹30.68 crore in the same quarter of the previous year.

Key Financial Metrics (₹ in Lakhs)

Auditor’s Observations

The statutory auditors included an emphasis of matter paragraph in their report regarding the valuation of certain assets. The company holds investments and inventories in small-cap illiquid stocks where trading is either thin or suspended by stock exchanges. These shares have been valued at the last traded price on the BSE/CSE without any provision for potential losses.

Additionally, the valuation of unquoted investments is subject to assessment by an independent valuer. The management stated that the process of carrying out a fair valuation from a registered valuer is underway, and these investments are currently shown at cost. The auditors also noted that the company holds closing stock worth ₹239.98 lakh of audio video rights and CDs for which fair value has not been provided by the management.

JMD Ventures Limited has announced a board meeting scheduled for May 26, 2026, to deliberate on the company's audited financial results for the fourth quarter and financial year ended March 31, 2026. The formal notice was issued on April 15, 2026, and communicated to BSE Limited in adherence to regulatory requirements.

Board Meeting Details

The meeting will be conducted on Tuesday, May 26, 2026, with the primary agenda focusing on the consideration and approval of audited financial results. The company has structured the review to cover both quarterly and annual performance metrics for the concluded financial year.

Regulatory Compliance

The announcement has been made in strict compliance with Regulation 29 of SEBI LODR Regulations, 2015, which mandates listed companies to provide advance notice of board meetings where financial results will be considered. This regulatory framework ensures transparency and provides investors with timely information about significant corporate developments.

Corporate Communication

The notice was formally communicated to BSE Limited, where JMD Ventures Limited shares are listed under scrip code 511092. Managing Director Kailash Prasad Purohit, holding DIN 01319534, has signed the official communication, ensuring proper authorization and corporate governance protocols are followed.

Company Information

JMD Ventures Limited operates from its registered office located at 323/324, 3rd Floor, Building No.9, Laxmi Plaza, Laxmi Industrial Estate, New Link Road, Andheri (W), Mumbai - 400 053. The company maintains its corporate presence through official websites and communication channels, facilitating stakeholder engagement and information dissemination.