Jhaveri Credits & Capital Limited , a financial services company, has announced its unaudited standalone financial results for the second quarter and half-year ended September 30, 2025, showcasing significant growth in revenue and profitability.

Q2 FY26 Financial Highlights

*Calculated as the difference between H1 FY26 profit and Q2 FY26 profit

The company reported a substantial increase in revenue from operations, reaching ₹22.36 crores for the quarter ended September 30, 2025, compared to ₹9.83 crores in the previous quarter. This represents a quarter-on-quarter growth of 127.47%. For the half-year, revenue stood at ₹32.19 crores, up 80.44% from ₹17.84 crores in the corresponding period of the previous year.

Profit for the quarter was reported at ₹2.32 crores, while the half-year profit stood at ₹3.27 crores. The company's performance shows a strong upward trend in both revenue and profitability.

Balance Sheet Highlights

As of September 30, 2025, Jhaveri Credits & Capital's balance sheet reflects a robust financial position:

The company's total assets increased by 24% to ₹110.06 crores, up from ₹88.76 crores at the end of the previous fiscal year. Total equity also saw a rise of 14.93% to ₹100.87 crores, indicating strengthened shareholder value.

It's worth noting that while current assets decreased by 46.43%, current liabilities increased significantly by 887.10%. This shift in the current asset-liability structure may warrant attention from investors and analysts.

Corporate Governance

The Board of Directors approved these results at their meeting held on November 12, 2025. The financial statements were reviewed by the Audit Committee and received a limited review report from the statutory auditors, KDN Associates LLP, ensuring compliance with regulatory requirements.

The company's paid-up equity share capital stands at ₹8.99 crores, with shares having a face value of ₹10 each.

Jhaveri Credits & Capital's strong performance in Q2 FY26 demonstrates its ability to capitalize on market opportunities and drive growth. However, investors should keep an eye on the company's working capital management, given the significant changes in current assets and liabilities.

Jhaveri Credits & Capital Limited , a financial services company, has announced significant changes to its board of directors and key management personnel. The company's board meeting on September 24, 2025, resulted in several important decisions that are set to shape the company's future governance structure.

New Independent Director Appointed

Mr. Jayeshkumar Madhavlal Patel has been appointed as an Additional Director (Non-Executive, Independent) of the company for a term of five years, effective September 24, 2025. This appointment is subject to shareholder approval. Mr. Patel brings over four decades of experience in the textile industry to the board. He holds a Diploma in Textile Chemistry and currently serves as a Director of Shivshakti Tradelink Private Limited.

New Company Secretary and Compliance Officer

The board has also approved the appointment of Mr. Gaurav Pramodkumar Shrimankar as the Company Secretary and Compliance Officer. Mr. Shrimankar, an Associate member of The Institute of Company Secretaries of India (ICSI), will serve as a Key Managerial Personnel. He brings expertise in corporate governance, compliance, and strategic advisory to his new role.

Resignation of Independent Director

Mr. Pranav Gokulbhai Patel has resigned from his position as an Independent Director, effective from the closing hours of September 24, 2025. The resignation was attributed to increasing commitments in his personal business, which would prevent him from devoting the necessary time and attention to his role as an Independent Director.

Committee Restructuring

Following these changes, the board has reconstituted all committees, inducting Mr. Jayeshkumar Madhavlal Patel in place of Mr. Pranav Gokulbhai Patel.

These appointments and changes reflect Jhaveri Credits & Capital Limited's commitment to maintaining strong corporate governance and ensuring a diverse skill set within its leadership team. The new appointments are expected to bring fresh perspectives and industry expertise to the company's strategic decision-making processes.

Shareholders will have the opportunity to approve Mr. Jayeshkumar Madhavlal Patel's appointment at the next general meeting. The company has affirmed that Mr. Patel is not debarred from holding the office of Director by virtue of any SEBI order or any other authority.

These board-level changes come as Jhaveri Credits & Capital Limited continues to navigate the dynamic financial services landscape, aiming to strengthen its position in the market and enhance value for its stakeholders.