Jagatjit industries Limited has announced a delay in submitting its unaudited standalone and consolidated financial results for the quarter ended December 31, 2025. The company informed BSE on February 13, 2026, that it would not meet the regulatory deadline of February 14, 2026, for filing its Q3 FY26 results.

Regulatory Requirements and Timeline

Under Regulation 33 of the SEBI Listing Regulations, companies are mandated to submit their unaudited standalone and consolidated financial results along with a Limited Review Report from statutory auditors within 45 days from the end of each quarter. For the quarter ended December 31, 2025, this deadline translates to February 14, 2026.

Reason for Delay

The company has attributed the delay to circumstances beyond its control, specifically citing the non-availability of team members responsible for finalizing accounts. Despite best efforts to meet the deadline, Jagatjit Industries stated that the absence of key personnel has prevented timely completion of the financial results preparation process.

Company's Response and Next Steps

Jagatjit Industries has assured stakeholders that it is making best efforts to finalize and submit the results at the earliest possible time. The company has indicated that the date for the Board Meeting to approve these financial results will be communicated in due course. Additionally, the company has requested BSE to grant an extension for the submission of financial results.

Trading Window Restrictions

The company has reiterated that trading window restrictions remain in effect for all designated persons. As per the Code of Prevention of Insider Trading and SEBI (Prohibition of Insider Trading) Regulation, 2015, the trading window for dealing in company shares will continue to remain closed until 48 hours after the announcement of the unaudited financial results for the quarter ended December 31, 2025. This restriction was initially communicated to the exchange on December 23, 2025.

Corporate Communication Details

The formal communication was signed by Roopesh Kumar, Company Secretary (ICSI Membership No. F10058), and sent to BSE's Corporate Relationship Department. The company operates under scrip code 507155 on BSE and maintains its registered office at P.O. Jagatjit Nagar, Kapurthala, Punjab.

Jagatjit Industries Limited , a prominent player in the beverages and food industry, has reported a significant increase in losses for the first half of the fiscal year 2026. The company's financial performance has raised concerns about its operational efficiency and market position.

Key Financial Highlights

The company's revenue saw a substantial decline of 32.45% year-over-year, dropping from Rs 331.59 crore in H1 FY2025 to Rs 223.98 crore in H1 FY2026. This significant reduction in top-line performance has had a cascading effect on the company's profitability.

Widening Losses

Jagatjit Industries' net loss for the half-year ended September 30, 2025, stood at Rs 37.74 crore, a stark increase from the Rs 12.29 crore loss reported in the same period last year. This represents a 207.08% increase in losses, indicating severe pressure on the company's bottom line.

Negative Net Worth and Management's Outlook

The company's negative net worth has increased significantly, which is a cause for concern among investors and stakeholders. However, the management remains optimistic about a potential turnaround. They are focusing on two key strategies:

1. Continuous Operation of 200KL Ethanol Plant: The management believes that the ongoing operation of their 200KL Ethanol plant may help in revenue recovery.

2. Asset Monetization: Plans are in place to improve working capital by monetizing surplus assets.

Industry Context and Challenges

The beverage and food industry has been facing headwinds due to changing consumer preferences and economic uncertainties. Jagatjit Industries' performance reflects these broader market challenges, with the company struggling to maintain its revenue and profitability.

Looking Ahead

While the management expresses optimism, the company faces significant challenges in reversing its fortunes. The effectiveness of their strategies, particularly the focus on ethanol production and asset monetization, will be crucial in determining the company's financial health in the coming quarters.

Investors and market watchers will be keenly observing how Jagatjit Industries navigates these challenging times and whether it can successfully implement its turnaround strategies to improve its financial position.