JITF Infralogistics Limited has announced its unaudited financial results for the quarter and nine months ended December 31, 2025, showcasing mixed performance across its standalone and consolidated operations.

Standalone Financial Performance

The company's standalone operations demonstrated steady growth in Q3FY26. Revenue from operations increased to ₹96.99 lakhs compared to ₹79.67 lakhs in the corresponding quarter of the previous year, marking a notable improvement.

For the nine-month period ended December 31, 2025, standalone revenue from operations was ₹259.17 lakhs with net profit of ₹16.31 lakhs.

Consolidated Financial Results

The consolidated financial performance showed substantial scale with revenue from operations reaching ₹82,200.17 lakhs in Q3FY26, compared to ₹53,171.08 lakhs in the corresponding previous quarter.

Segment-wise Performance

The company operates through three primary business segments following the disinvestment of its rail freight wagon segment in September 2024.

Revenue Distribution (Q3FY26)

• Water Infrastructure: ₹60,434.27 lakhs
• Urban Infrastructure: ₹11,703.42 lakhs
• Trading Activities: ₹10,062.48 lakhs

Segment Profitability

• Water Infrastructure: ₹8,275.81 lakhs profit
• Urban Infrastructure: ₹4,716.33 lakhs profit
• Trading Activities: ₹46.44 lakhs profit

Key Financial Highlights

The company's financial structure shows:

Exceptional Items and Special Developments

During Q3FY26, the company recorded an exceptional item loss of ₹1,029.28 lakhs related to share-based payment expenses under the "JWIL ESOP Scheme 2025" approved for eligible employees of JWIL Infra Limited, a material subsidiary.

Regulatory and Legal Updates

The company continues to navigate various arbitration proceedings related to its urban waste management projects. Notable developments include the arbitral award pronounced on May 21, 2025, regarding JITF Urban Waste Management (Bathinda) Limited, where the tribunal ruled that contract termination was illegal and required continued performance.

Board Approval and Compliance

The unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on February 6, 2026. The results have been prepared in accordance with Indian Accounting Standards and reviewed by Lodha & Co LLP, Chartered Accountants.

JITF Infralogistics Limited , a key player in the infrastructure sector, has released its financial results for the second quarter, revealing a mixed performance across its standalone and consolidated operations.

Standalone Performance

The company posted a standalone profit of Rs 12.88 lakhs for Q2, demonstrating resilience in its core operations.

Consolidated Results

However, the consolidated financial picture presents a different scenario:

The substantial difference between the standalone profit and the consolidated loss suggests that some of the company's subsidiaries may be facing operational challenges.

Board Meeting and Auditor's Notes

The company's Board of Directors convened on November 14 to approve the quarterly results. Key points from the meeting include:

• Approval of unaudited financial results for Q2 and the half-year ended September 30
• The meeting commenced at 3:00 PM and concluded at 5:15 PM

Notably, the auditors have highlighted material uncertainties regarding:

1. Subsidiary operations
2. Ongoing arbitration matters

These observations from the auditors underscore the complexities within the company's broader operational structure and legal landscape.

Regulatory Compliance

JITF Infralogistics has duly informed the stock exchanges (BSE and NSE) about its financial results, adhering to Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This transparency is crucial for maintaining investor trust and regulatory compliance.

Looking Ahead

While the standalone profit is a positive sign, the consolidated loss and the auditors' notes regarding material uncertainties suggest that JITF Infralogistics may face challenges. Investors and market watchers will likely keep a close eye on how the company addresses these issues, particularly the performance of its subsidiaries and the resolution of ongoing arbitration matters.

As the infrastructure sector continues to be a vital component of economic growth, JITF Infralogistics' ability to navigate these challenges will be crucial for its future performance and market position.