JMD Ventures Limited has filed a regulatory compliance notice with BSE Limited, confirming the non-applicability of certificate requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 for the first quarter of Financial Year 2027.

Regulatory Compliance Details

The company submitted the notice on March 25, 2026, addressing the requirements under Regulation 57(4) of SEBI LODR Regulations. The communication specifically covers the quarter ended June 30, 2026, for the Financial Year ending March 31, 2027.

Non-Convertible Securities Status

JMD Ventures Limited confirmed that it has not issued any non-convertible securities during the specified period. Consequently, the company stated that details regarding the schedule of payment of interest, dividend, or principal obligations on such securities are not applicable for the first quarter ended June 30, 2026.

The company also confirmed that there were no unpaid interest, dividend, or principal obligations in relation to non-convertible securities during this period.

Management Authorization

The regulatory notice was digitally signed and submitted by Kailash Prasad Purohit, Managing Director of JMD Ventures Limited. The digital signature was authenticated on March 25, 2026, at 10:09:39 IST, ensuring proper authorization and compliance with electronic filing requirements.

This filing demonstrates JMD Ventures Limited's commitment to maintaining regulatory compliance and transparent disclosure practices as required under SEBI regulations for listed companies.

JMD Ventures Limited has submitted its unaudited financial results for the third quarter of FY26, revealing a challenging performance with significant declines in profitability and revenue. The Mumbai-based company, which operates in music and finance & investment segments, reported results that reflect ongoing business pressures.

Financial Performance Overview

The company's financial metrics for Q3FY26 demonstrate a marked deterioration compared to the previous year. Net profit declined substantially while revenue from operations also contracted during the quarter.

Quarterly Performance Analysis

The third quarter results show a sequential improvement in profitability despite the year-on-year decline. Compared to the preceding quarter ended September 30, 2025, net profit decreased from ₹15.31 lakhs to ₹11.33 lakhs. Revenue from operations also declined sequentially from ₹12.79 lakhs to ₹7.49 lakhs, indicating ongoing operational challenges.

Total expenses for the quarter stood at ₹12.70 lakhs compared to ₹12.23 lakhs in the corresponding quarter of the previous year. The company maintained its tax efficiency with current tax expenses of ₹4.85 lakhs against ₹5.72 lakhs in Q3FY25.

Nine-Month Performance

For the nine-month period ended December 31, 2025, JMD Ventures reported significantly weaker performance across key metrics:

Segment-wise Performance

The company operates through two primary business segments. The Music Segment generated revenue of ₹7.49 lakhs in Q3FY26 compared to ₹9.61 lakhs in the corresponding quarter of the previous year. The Finance & Investment Segment contributed ₹21.39 lakhs in other income during the quarter.

For the nine-month period, the Music Segment recorded revenue of ₹32.00 lakhs against ₹35.38 lakhs in the previous year, while the Finance & Investment Segment generated ₹64.18 lakhs compared to ₹191.38 lakhs in the corresponding period.

Financial Position and Ratios

The company maintained its equity base with paid-up equity share capital of ₹2,885.84 lakhs, consisting of shares with a face value of ₹10.00 each. Other equity stood at ₹990.02 lakhs as of December 31, 2025, compared to ₹918.39 lakhs in the previous year.

Earnings per share for the quarter was ₹0.04 compared to ₹0.07 in Q3FY25. For the nine-month period, EPS declined to ₹0.14 from ₹0.35 in the corresponding period of the previous year.

Regulatory Compliance

The financial results were reviewed by the company's statutory auditors, Rajesh Kumar Gokul Chandra & Associates, who provided a limited review report. The results were approved by the Board of Directors in their meeting held on February 10, 2026, and submitted to BSE Limited in compliance with Regulation 33 of SEBI LODR Regulations, 2015.