Jai Mata Glass Limited Reports Net Loss of ₹7.90 Lakhs in Q3 FY26

2 min read     Updated on 29 Jan 2026, 02:45 PM
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Shriram SScanX News Team
Overview

Jai Mata Glass Limited reported a net loss of ₹7.90 lakhs for Q3 FY26 ended December 31, 2025, compared to a profit of ₹2.00 lakhs in Q3 FY25. The nine-month period showed a loss of ₹15.31 lakhs versus a profit of ₹7.83 lakhs in the previous year. Total income declined significantly to ₹1.84 lakhs in Q3 FY26 from ₹13.05 lakhs in Q3 FY25. The company experienced a CFO resignation during the period and continues to explore business opportunities while maintaining operations on a going concern basis.

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*this image is generated using AI for illustrative purposes only.

Jai Mata Glass Limited has released its unaudited financial results for the quarter and nine months ended December 31, 2025, showing a challenging operational performance with significant losses during the reporting period. The company's financial results were approved by the Board of Directors on January 29, 2026, following review by the Audit Committee.

Financial Performance Overview

The company's financial performance for Q3 FY26 reflects operational difficulties, with minimal revenue generation and sustained losses across key metrics.

Metric Q3 FY26 Q3 FY25 Change
Total Income ₹1.84 lakhs ₹13.05 lakhs -86.00%
Net Loss ₹7.90 lakhs ₹2.00 lakhs profit Loss increased
Total Expenses ₹9.74 lakhs ₹11.05 lakhs -11.85%
EPS (Basic & Diluted) ₹(0.008) ₹0.002 Negative

Nine-Month Performance Analysis

For the nine months ended December 31, 2025, the company's performance showed a marked deterioration compared to the corresponding period in the previous year.

Parameter 9M FY26 9M FY25 Variance
Total Income ₹12.85 lakhs ₹36.25 lakhs -64.55%
Net Loss ₹15.31 lakhs ₹7.83 lakhs profit Loss widened
Total Expenses ₹28.16 lakhs ₹28.42 lakhs -0.91%
EPS (9 months) ₹(0.015) ₹0.008 Negative

Revenue and Operational Details

The company recorded no revenue from operations during Q3 FY26, relying solely on other income of ₹1.84 lakhs. This represents a substantial decline from the previous year's Q3 performance, where the company had generated ₹10.86 lakhs from other operating income and ₹2.19 lakhs from other income sources.

Expense Breakdown for Q3 FY26:

  • Employee benefits expense: ₹3.88 lakhs
  • Other expenditure: ₹5.73 lakhs
  • Finance cost: ₹0.10 lakhs
  • Depreciation: ₹0.03 lakhs

Corporate Developments

During the reporting period, the company experienced a key management change with Mr. Rajesh Arya resigning from his position as Chief Financial Officer effective December 08, 2025, due to personal reasons. In the absence of a CFO, the financial results have been certified by the director.

Financial Position and Outlook

The company maintains a paid-up equity share capital of ₹1,000.00 lakhs with a face value of Re. 1 each. The Board of Directors continues to explore and evaluate various business opportunities, and the accounts have been prepared on a going concern basis despite the current operational challenges.

Key Financial Highlights:

  • Total comprehensive loss for Q3 FY26: ₹7.78 lakhs
  • Nine-month comprehensive loss: ₹15.23 lakhs
  • No tax expenses recorded for the current periods
  • Limited review conducted by statutory auditors Khiwani Sood & Associates

The financial results indicate that Jai Mata Glass Limited is navigating through a challenging operational phase, with the management actively working on identifying new business opportunities to improve the company's financial performance in future periods.

Historical Stock Returns for Jai Mata Glass

1 Day5 Days1 Month6 Months1 Year5 Years
-1.96%-3.23%-12.79%-37.76%-51.77%+417.24%

Jai Mata Glass Limited Appoints New Secretarial Auditor to Fill Casual Vacancy

1 min read     Updated on 29 Jan 2026, 02:34 PM
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Reviewed by
Shriram SScanX News Team
Overview

Jai Mata Glass Limited appointed M/s Khushal Joshi & Associates as Secretarial Auditor for FY 2025-26 on January 29, 2026, filling the casual vacancy left by M/s Navneet Kumar & Associates' resignation effective November 10, 2025. The new auditor brings expertise in company law, FEMA, and corporate compliance, maintaining independence with no directorships or relationships with the company's management.

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*this image is generated using AI for illustrative purposes only.

Jai mata glass Limited has announced the appointment of a new Secretarial Auditor to fill a casual vacancy for the financial year 2025-26. The Board of Directors made this decision on January 29, 2026, based on recommendations from the Audit Committee, in compliance with SEBI regulations.

New Secretarial Auditor Appointment

The company has appointed M/s Khushal Joshi & Associates as its Secretarial Auditor for FY 2025-26. This appointment fills the casual vacancy created by the resignation of the previous auditor, M/s Navneet Kumar & Associates, which became effective from November 10, 2025.

Parameter: Details
New Auditor: M/s Khushal Joshi & Associates
Firm Peer Review No.: 3554/2023
Membership No.: 44655
CP No.: 19318
Appointment Date: January 29, 2026
Financial Year: 2025-26

Previous Auditor Details

The outgoing Secretarial Auditor, M/s Navneet Kumar & Associates, resigned from their position effective November 10, 2025. The firm held Membership No. 7788 and CP No. 8700.

Profile of New Auditor

M/s Khushal Joshi & Associates is described as a professionally managed peer-reviewed Company Secretaries firm. Mr. Khushal Joshi, the principal, is a member of the Institute of Company Secretaries of India (ICSI) and holds an LLB degree. The firm specializes in:

  • Company Law
  • Foreign Exchange Management Act (FEMA)
  • Secretarial Audits
  • Corporate Laws and Secretarial Compliances
  • Governance and Compliance Excellence

Independence and Relationships

The newly appointed auditor maintains independence from the company's management structure. Key independence factors include:

Independence Factor: Status
Directorship in Listed Companies: None
Board Committee Memberships: None
Relationship with Directors/KMP: Not related

Regulatory Compliance

This appointment has been made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has fulfilled all disclosure requirements as specified under Schedule III of the Listing Regulations and relevant SEBI circulars dated July 13, 2023, and October 18, 2019.

The appointment ensures continuity in the company's secretarial audit functions and maintains compliance with regulatory requirements for the ongoing financial year.

Historical Stock Returns for Jai Mata Glass

1 Day5 Days1 Month6 Months1 Year5 Years
-1.96%-3.23%-12.79%-37.76%-51.77%+417.24%

More News on Jai Mata Glass

1 Year Returns:-51.77%