Jyot International Marketing Limited reported a standalone net profit of ₹26.78 lakh for the quarter ended June 30, 2026, a sharp increase from ₹1.87 lakh in the corresponding period of FY25. Revenue from operations rose 104% year-on-year to ₹120.04 lakh, up from ₹58.67 lakh in Q1FY25.

The Ahmedabad-based non-banking financial company (NBFC) saw its total income reach ₹135.00 lakh, comprising ₹120.04 lakh from operations and ₹14.96 lakh from other income. Total expenses stood at ₹25.36 lakh, primarily driven by depreciation and amortisation of ₹80.94 lakh, though finance costs were minimal at ₹1.83 lakh.

Consolidated Performance

On a consolidated basis, which includes subsidiary Efficient Tie Up Private Limited, net profit was ₹18.31 lakh, down from ₹41.96 lakh in Q1FY25. Consolidated revenue from operations remained flat at ₹120.04 lakh. Other income dropped significantly to ₹14.96 lakh from ₹64.93 lakh in the prior year quarter. Total consolidated expenses were ₹109.92 lakh, with finance costs accounting for ₹80.94 lakh.

What the Numbers Show

A critical divergence exists between the company's top-line growth and its cash realization. While revenue from operations more than doubled to ₹120.04 lakh, this figure is predominantly interest income. The auditor’s report emphasizes that only ₹31.75 lakh was actually recovered against this booked amount. This suggests that while accounting profits have risen sharply, the underlying liquidity generation from core lending activities remains constrained, with over 73% of the interest income yet to be collected in cash.

Auditor Emphasis of Matter

Independent auditors Labadiya & Mehta included two significant emphasis of matter paragraphs in their limited review report:

• Low Recovery Rate: The company booked interest income of ₹120.04 lakh but recovered only ₹31.75 lakh during the quarter.
• Unprovided Tax Demand: The Income Tax Department raised a demand of ₹5,023.17 lakh for FY22 under an Assessment Order. Although the company filed an appeal, it was rejected due to delayed filing. No provision for this liability has been made in the books of accounts.

The Board of Directors approved the unaudited financial results in a meeting held on August 13, 2026. The trading window for designated persons will reopen 48 hours after the declaration of these results.

Jyot International Marketing Limited reported a net profit of ₹22.55 lakh for the financial year ended March 31, 2026, a decline of 74% compared to ₹87.23 lakh in the previous year. The company's board approved the audited standalone and consolidated financial results at a meeting held on May 29, 2026. The statutory auditors issued qualified opinions on both sets of results, citing specific compliance issues regarding interest recovery and tax deposits.

Financial Performance

For the year ended March 31, 2026, the company reported a total revenue of ₹411.75 lakh, compared to ₹776.70 lakh in the previous year. Total expenses for the period stood at ₹377.07 lakh. On a standalone basis, the profit for the period was ₹32.25 lakh for the quarter ended March 31, 2026, and ₹22.55 lakh for the full year. Basic earnings per share (EPS) for the year were reported at ₹0.64.

Audit Qualifications

Labadiya & Mehta, the statutory auditors, highlighted two key qualifications in their report. The company booked total interest income of ₹277.96 lakh during the year on loans and advances, but only ₹58.61 lakh was recovered during FY 2025-26. Additionally, the company did not deposit Tax Deducted at Source (TDS) amounting to ₹59.58 lakh for FY 2025-26 and FY 2024-25. Management stated it is in the process of recovering the interest and paying the TDS dues.

Emphasis of Matter

The auditors drew attention to an Assessment Order issued by the Income Tax Department for Financial Year 2021-22, raising a demand of ₹5023.17 lakh. The company filed an appeal, which was rejected due to a delay in filing. No provision has been made in the accounts for this demand. The auditors noted that their opinion is not modified regarding this matter.

Consolidated Results

The consolidated financial results for the year ended March 31, 2026, showed a total income of ₹417.39 lakh and a net profit of ₹10.59 lakh. The consolidated results include the financials of subsidiary Efficient Tie up Private Limited. The subsidiary adopted Indian Accounting Standards (Ind AS) for the first time during the current period.