JMG Corporation Reports Widened Loss for Half-Year Ended September 2025
JMG Corporation Limited reported a widened net loss of Rs 73.88 lakhs for the half-year ended September 30, 2025, compared to Rs 32.66 lakhs in the same period last year. Revenue from operations declined by 46.1% to Rs 33.50 lakhs, while total expenses increased by 83.2% to Rs 108.70 lakhs. Employee benefit expenses rose significantly by 84.5% to Rs 40.60 lakhs. The company's professional services segment generated revenue of Rs 33.50 lakhs, while the trading segment reported no significant revenue.
*this image is generated using AI for illustrative purposes only.
JMG Corporation Limited has reported a significant increase in net loss for the half-year ended September 30, 2025, according to the company's latest unaudited financial results. The loss widened to Rs 73.88 lakhs, more than doubling from Rs 32.66 lakhs in the same period last year.
Financial Performance
The company's financial performance showed a notable decline across key metrics:
| Particulars | Half-Year Ended Sept 30, 2025 | Half-Year Ended Sept 30, 2024 | Change |
|---|---|---|---|
| Revenue from Operations | Rs 33.50 lakhs | Rs 62.10 lakhs | -46.1% |
| Total Income | Rs 34.83 lakhs | Rs 23.29 lakhs | +49.5% |
| Employee Benefit Expenses | Rs 40.60 lakhs | Rs 22.00 lakhs | +84.5% |
| Total Expenses | Rs 108.70 lakhs | Rs 59.34 lakhs | +83.2% |
| Net Loss | Rs 73.88 lakhs | Rs 36.05 lakhs | +104.9% |
Key Observations
Revenue Decline: The company's revenue from operations saw a sharp decline of 46.1%, dropping from Rs 62.10 lakhs to Rs 33.50 lakhs.
Increased Expenses: Despite the revenue drop, total expenses rose significantly by 83.2%, primarily driven by a substantial increase in employee benefit expenses.
Employee Costs: Employee benefit expenses nearly doubled, increasing from Rs 22.00 lakhs to Rs 40.60 lakhs, representing an 84.5% rise.
Widening Losses: The net loss for the period more than doubled, increasing by 104.9% compared to the same period last year.
Segment Performance
JMG Corporation operates in two main segments:
- Professional Services: This segment generated revenue of Rs 33.50 lakhs for the half-year.
- Trading: The trading segment did not report any significant revenue for the period.
Balance Sheet Highlights
As of September 30, 2025:
- Total Assets: Rs 776.26 lakhs
- Total Equity: Rs 646.11 lakhs
- Current Liabilities: Rs 128.02 lakhs
Management Commentary
The company did not provide specific management commentary on the results in the available data. However, the board of directors approved these unaudited financial results at their meeting held on November 14, 2025.
Investors and stakeholders should note that these are unaudited results and may be subject to changes upon audit. The company's performance indicates challenges in revenue generation and cost management, particularly in employee-related expenses.
Historical Stock Returns for JMG Corporation
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.09% | -3.47% | +1.42% | -14.94% | -37.38% | +438.71% |
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