Jamshri Realty Limited has announced its unaudited financial results for the second quarter and half-year ended September 30, 2025, showing a reduction in net loss compared to the previous quarter.

Financial Highlights

Jamshri Realty Limited reported a net loss of Rs. 4.86 lakhs for Q2 FY2026, showing an improvement from the Rs. 10.44 lakhs loss in the previous quarter. However, revenue from operations decreased to Rs. 152.70 lakhs in Q2 FY2026 from Rs. 183.78 lakhs in Q1 FY2026.

Segment Performance

The company operates in two main segments:

1. Property & Related Services
2. Hospitality Services

For Q2 FY2026, the Property & Related Services segment reported a profit before tax and interest of Rs. 11.72 lakhs, while the Hospitality Services segment incurred a loss of Rs. 12.65 lakhs.

Balance Sheet Overview

As of September 30, 2025, Jamshri Realty's total assets stood at Rs. 4,675.33 lakhs, with total liabilities at Rs. 5,032.39 lakhs. The company's debt-to-equity ratio was reported at -11.15, indicating a negative shareholders' equity position.

Management Approval

The financial results were reviewed by the Audit Committee and subsequently approved by the Board of Directors in a meeting held on November 5, 2025.

Auditor's Review

Mittal & Associates, the company's independent auditors, conducted a limited review of the financial results. They stated that nothing has come to their attention that causes them to believe that the financial statements do not present a true and fair view in accordance with applicable accounting standards and other recognized accounting practices and policies.

Investors and stakeholders should note that these are unaudited results and may be subject to changes upon final audit.

Jamshri Realty Limited , a company with roots dating back to 1907, has announced significant changes to its leadership team. At the 117th Annual General Meeting (AGM) held on September 22, 2025, shareholders approved two key appointments.

Re-appointment of Rajesh Damani as Joint Managing Director

• Effective Period: October 1, 2025, for a one-year term
• Position: Joint Managing Director
• Experience: 37 years across textile, engineering, IT, infrastructure, and retail industries
• Family Connections: Son of Managing Director Premratan Bhairuratan Damani and brother of Non-Executive Director Rekha

Appointment of Ankoor Sharad Kulkarni as Independent Director

• Effective Period: September 22, 2025, to August 11, 2030
• Position: Independent Director
• Director Identification Number (DIN): 10862737
• Rotation Status: Not liable to retire by rotation

Professional Background of Ankoor Sharad Kulkarni

Ankoor Sharad Kulkarni brings over 30 years of professional expertise across various crucial business domains, including:

• Finance
• Business Planning and Development
• Business Process Services
• Analytics
• Information Technology
• Green field projects
• Strategic marketing
• Change management
• Sales and Operations
• Collections
• Customer relationships
• Marketing
• Risk management

Compliance and Eligibility

The company has confirmed that both Rajesh Damani and Ankoor Sharad Kulkarni meet all necessary eligibility criteria:

• They have not been debarred from holding directorships by the Securities and Exchange Board of India (SEBI) or any other regulatory authority.
• They are not disqualified under Section 164 of the Companies Act, 2013.

Shareholder Approval for Kulkarni's Appointment

The resolution for Kulkarni's appointment was passed with unanimous support at the AGM:

Company Overview

Jamshri Realty Limited, formerly known as The Jamshri Ranjitsinghji Spinning & Weaving Mills Co. Ltd., is a company with a rich history dating back to 1907. The company's registered office is located in Solapur, Maharashtra, with its administrative office in Mumbai.

These strategic appointments are expected to bring fresh perspectives and valuable insights to Jamshri Realty Limited's board, potentially contributing to the company's future growth and governance.