Jayant Infratech Reports Rs 484.33 Lakh Loss in H1 FY2026, Board Approves Unaudited Results

Jayant Infratech Limited , a company listed on the SME platform of BSE, has reported a significant downturn in its financial performance for the half-year ended September 30, 2025. The company's board of directors approved the unaudited financial results on November 13, 2025, revealing a stark contrast to its performance in the previous year.

Financial Performance Overview

Particulars	H1 FY2026	H1 FY2025	Change
Net Profit/(Loss)	(484.33)	550.52	-188.00%
Total Revenue	5,536.46	5,533.02	0.06%
Total Equity	5,584.89	Not Available	N/A

All figures in Rs. Lakhs

Jayant Infratech reported a net loss of Rs 484.33 lakhs for the half-year ended September 30, 2025, a significant reversal from the profit of Rs 550.52 lakhs recorded in the same period of the previous year. This represents a substantial decline of 188.00% in profitability.

Revenue and Operational Performance

Despite the loss, the company's total revenue showed a marginal increase of 0.06%, rising from Rs 5,533.02 lakhs in H1 FY2025 to Rs 5,536.46 lakhs in H1 FY2026. This minimal growth in revenue, coupled with the significant loss, suggests a considerable increase in expenses or potential one-time charges affecting the company's bottom line.

Balance Sheet Highlights

As of September 30, 2025, Jayant Infratech's total equity stood at Rs 5,584.89 lakhs. This figure includes an equity share capital of Rs 1,033.67 lakhs and other equity of Rs 4,551.22 lakhs.

Board Approval and Compliance

The unaudited financial results were reviewed by the Audit Committee and subsequently approved by the Board of Directors at their meeting held on November 13, 2025. The company has prepared its financial statements in accordance with applicable Accounting Standards issued by the Institute of Chartered Accountants of India (ICAI).

Segment Reporting and Compliance

Jayant Infratech has noted that segment reporting, as defined in Accounting Standard 17, is not applicable to the company as its business falls under a single segment. Additionally, being listed on the SME Platform of BSE, the company is not required to comply with IND-AS regulations.

The dramatic shift from profit to loss in just one year raises questions about the challenges faced by Jayant Infratech. Investors and stakeholders may need to closely monitor the company's future performance and any strategic initiatives it may undertake to return to profitability.

Note: The financial figures mentioned in this article are based on the unaudited results for the half-year ended September 30, 2025, as approved by the company's board of directors.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.98%	+7.76%	+4.56%	+1.32%	-35.10%	+229.36%

Jayant Infratech Limited has announced the forfeiture of ₹4.5 crore from 15.92 lakh convertible warrants that were not exercised within the stipulated 18-month deadline. The company had initially allotted 22.22 lakh convertible warrants to eight allottees at ₹113 per warrant, collecting a 25% upfront payment totaling ₹6.28 crore.

Unexercised Warrants

According to the company's filing with the BSE, three allottees failed to convert their warrants, totaling 15.92 lakh units, by the deadline of August 22, 2025. The allottees who did not exercise their conversion options are:

Bindu Ashwin Gandhi
Kaushal Ashwin Gandhi (HUF)
Evolution Capital Advisory Services Private Limited

Forfeiture Details

The forfeited amount represents the initial subscription money paid at the time of warrant allotment. The breakdown of the forfeited amounts is as follows:

Allottee	Warrants Pending	Forfeited Amount (₹)
Bindu Ashwin Gandhi	90,000	25,42,500
Kaushal Ashwin Gandhi (HUF)	90,000	25,42,500
Evolution Capital Advisory Services Private Limited	14,12,000	3,98,89,000
Total	15,92,000	4,49,74,000

Regulatory Compliance

The forfeiture is in accordance with Regulation 169(3) of Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018. Jayant Infratech Limited has duly informed the BSE of this development as part of its compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Company Statement

Nilesh Jobanputra, Managing Director of Jayant Infratech Limited, signed the intimation to the BSE, stating that the company had initially informed about the warrant allotment on February 22, 2024. The 18-month period for conversion ended on August 22, 2025, after which the company proceeded with the forfeiture of the upfront amounts for the unexercised warrants.

This development may impact the company's capital structure and could be of interest to investors and market analysts tracking Jayant Infratech Limited's financial position and equity dilution plans.