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Jetking Infotrain Ltd. — Earnings Release 2026
May 28, 2026
64146_rns_2026-05-28_4ecb7271-a213-4554-a308-aecb70d26f51.pdf
Earnings Release
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Jetking®
Date: May 28, 2026
To,
Corporate Relationship Department,
BSE Limited,
Phiroze Jeejeebhoy Towers,
Dalal Street,
Mumbai - 400 001
Script Code: 517063
Dear Sir/Madam,
Subject: Outcome of Board Meeting held on May 28, 2026
Time of Commencement of the Board Meeting: 04:15 p.m.
Time of Conclusion of the Board Meeting: 05.34 p.m.
Pursuant to the Regulation 30 and 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations"), we hereby inform you that the Board of Directors of the Company at its Meeting held today i.e., Thursday, May 28, 2026 have inter-alia, considered and approved following matter:
- Audited Financial Statements (Standalone and Consolidated) including Balance Sheet as at March 31, 2026, Statement of Profit & Loss, Cash Flow Statement and Notes thereon for the financial year ended March 31, 2026, together with the Auditor's Report thereon and Audited Financial Results (Standalone and Consolidated) for the quarter and financial year ended March 31, 2026. A copy of the Financial Results together with the Auditor's Report thereon, are enclosed herewith along with a declaration regarding the unmodified opinion as "Annexure I";
- On recommendation of the Audit Committee, re-appointment of M/s. Divatia and Mehta, Chartered Accountants, as an Internal Auditor of the Company for the financial year 2026-2027. The details as required is enclosed as "Annexure-II".
- On recommendation of the Nomination & Remuneration Committee, re-appointment of Mr. Harsh Bharwani (DIN: 02020253) as Managing Director & CEO for a period of 3 years w.e.f. August 31, 2026 to August 30, 2029 subject to the approval of the shareholders of the Company. The brief profile of the same is enclosed as "Annexure-III".
- Draft notice of Postal Ballot ("The Notice") for re-appointment of Mr. Harsh Bharwani (DIN: 02020253) as Managing Director & CEO for a period of 3 years w.e.f. August 31, 2026 to August 30, 2029. The Notice will be dispatched to the shareholders and intimated to the stock exchange(s) in a due course of time.
Kindly take the above in your record.
Thanking you.
Yours truly,
For Jetking Infotrain Limited
SUPRIYA SUDHEER KADUSKAR
Digitally signed by SUPRIYA SUDHEER KADUSKAR
Date: 2026.05.28 19:58:29 +01'30'
Supriya Sudheer Kaduskar
Company Secretary & Compliance Officer
ACS76998
Encl: a/a
www.jetking.com
Jetking Infotrain Limited
Registered Office: Office No. 503, 5th Floor, Amore Commercial Premises Co-Op Society Ltd., CTS No. Junction of 2nd & 4th Road,
Khar (West), Mumbai - 400052 E-mail: [email protected] Tel: 9820009165 website: www.jetking.com
CIN: L74909MH1983PLC127133
Annexure I
PYS & CO LLP
CHARTERED ACCOUNTANTS
CA
INDIA
Independent Auditor's Report on the quarterly and year-to-date audited standalone financial results of Jetking Infotrain Limited pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.
To
The Board of Directors of
Jetking Infotrain Limited
Report on the audit of the Standalone Financial Results
Opinion
We have audited the accompanying Statement of standalone financial results of Jetking Infotrain Limited ("the Company") for the quarter and year ended 31 March 2026 ("the Statement"), attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations").
In our opinion and to the best of our information and according to the explanations given to us, the Statement:
a) is presented in accordance with the requirements of Regulation 33 of the Listing Regulations; and
b) gives a true and fair view in conformity with the recognition and measurement principles laid down in the applicable Indian Accounting Standards and other accounting principles generally accepted in India, of the net loss, total comprehensive income and other financial information of the Company for the quarter and year ended 31 March 2026.
Basis for Opinion
We conducted our audit in accordance with the Standards on Auditing (SAs) specified under Section 143(10) of the Companies Act, 2013 ("the Act"). Our responsibilities under those Standards are further described in the Auditor's Responsibilities for the Audit of the Standalone Financial Results section of our report. We are independent of the Company in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India (ICAI) together with the ethical requirements that are relevant to our audit of the standalone financial statements under the provisions of the Act and the Rules made thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence obtained by us, along with the consideration of Other Matter paragraph below, is sufficient and appropriate to provide a basis for our audit opinion on the standalone financial results.
Emphasis of Matter
We draw attention to:
a) Note 4 to the Statement regarding amount recoverable from a Broker/Sub-broker for an unauthorized trade taken place in NSE F&O segment for an aggregate amount of Rs. 36.77 Lakhs in earlier years. The Company had filed arbitration proceedings against the said Broker/Sub-broker and the Order had been received in favour of the Company. Subsequent to the Order, the Broker/Sub-broker had filed an appeal in Hon'ble High Court against the Order of the Arbitral Tribunal. The appeal is at the admission stage with the Hon'ble High Court. In the opinion of the management of the Company, no provision is required to be made at this stage.
b) Note 5 to the Statement, which describes status and subsequent development of the appeal filed by the Company before the Hon'ble Securities Appellate Tribunal, Mumbai. Based on Management's assessment, this matter does not have any material impact on the standalone financial results for the quarter and year ended 31 March 2026, or on the financial position of the Company as at that date.
Our opinion is not modified in respect of the above matters.
P Y S & Co (a partnership firm) converted into P Y S & CO LLP (a Limited Liability Partnership with LLP Identification No AAG-9715) w.e.f. 20th July 2015
Mumbai Office: Saraswati Bhuvan, Sahakar Road, Tejpal Scheme Road No. 5, Vile Parle (East), Mumbai - 400 067.
Tel: 9987068582 / 8286051811 Email: [email protected]
Registered Office: No. 133/2, 4th Floor, Janardhan Towers, Residency Road, Bangalore- 560 025.
PYS & CO LLP
CHARTERED ACCOUNTANTS
CA
INDIA
Management's and Board of Directors' Responsibilities for the Standalone Financial Results
These standalone financial results have been prepared on the basis of the standalone financial statements. The Company's Management and Board of Directors are responsible for preparation and presentation of the Statement that give a true and fair view of the net profit/(loss), other comprehensive income and other financial information in accordance with the with the recognition and measurement principles laid down in the Indian Accounting Standards prescribed under Section 133 of the Act, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for the safeguarding the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the standalone financial results that give a true and fair view and are free from material misstatement, whether due to fraud or error.
In preparing the Statement, the Management and the Board of Directors are responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Board of Directors either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.
The Board of Directors are also responsible for overseeing the Company's financial reporting process.
Auditors' Responsibility for the audit of the Standalone Financial Results
Our objectives are to obtain reasonable assurance about whether the Statement as a whole is free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of the Statement.
As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:
-
Identify and assess the risks of material misstatement of the Statement, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
-
Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances Under section 143(3)(i) of the Act, we are also responsible for expressing our opinion through a separate report on the complete set of the financial statements on whether the Company has adequate internal financial controls with reference to the standalone financial statements in place and the operating effectiveness of such controls.
-
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and the disclosures made in the Statement by the Management and the Board of Directors in terms of the requirements specified under Regulation 33 of the LODR Regulations.
C
PYS & CO LLP
CHARTERED ACCOUNTANTS
CA INDIA
-
Conclude on the appropriateness of Board of Director's use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the Statement or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Company to cease to continue as a going concern.
-
Evaluate the overall presentation, structure and content of the Statement, including the disclosures, and whether the Statement represents the underlying transactions and events in a manner that achieves fair presentation.
-
Obtain sufficient and appropriate audit evidence regarding the Statement to express an opinion on the Statement.
Materiality is the magnitude of misstatements in the Statement that, individually or in aggregate, makes it probable that the economic decisions of a reasonably knowledgeable user of the Statement may be influenced. We consider quantitative materiality and qualitative factors in (i) planning the scope of our audit work and in evaluating the results of our work; and (ii) to evaluate the effect of any identified misstatements in the Statement.
We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.
We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.
Other matter
The Statement includes the standalone financial results for the quarter ended 31 March 2026, being the balancing figures between audited figures in respect of the full financial year ended 31 March 2026 and the published unaudited year to date standalone figures upto 31 December 2025, respectively being the date of the end of the third quarter of the financial year, which were subject to limited review by us, as required under the Listing Regulations.
Our opinion is not modified in respect of this matter.
For PYS & CO LLP
Chartered Accountants
Firm's Registration No. 012388S/S200048


Sanjay Kokate
Partner
Membership No.: 130007
UDIN: 26130007LYRWUY4066
Place: Mumbai
Date: 28 May 2026
| JETKING INFORM LIMITED
CIN:L72100MH1983PLC127133
REGD. OFFICE : 503, FLOOR - 5, AMORE BUILDING, JUNCTION OF 2ND & 4TH ROAD, KHAR (WEST), MUMBAI - 400 052. | | | | | | |
| --- | --- | --- | --- | --- | --- | --- |
| PART I - STATEMENT OF STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED MARCH 31, 2026 | | | | | | |
| Sr.
No. | Particulars | (Rs. in lakhs except per share data) | | | | |
| | | Quarter ended | | | Year ended | |
| | | 31/03/2026
(Audited) | 31/12/2025
(Unaudited) | 31/03/2025
(Audited) | 31/03/2026
(Audited) | 31/03/2025
(Audited) |
| 1 | Revenue from operations | 428.10 | 467.35 | 543.80 | 2,222.07 | 2,177.86 |
| 2 | Other income | 75.74 | 6.03 | 11.93 | 413.65 | 638.38 |
| 3 | Total Income | 503.84 | 473.38 | 555.73 | 2,636.72 | 2,816.24 |
| 4 | Expenses | | | | | |
| | (a) Purchase of courseware and other materials | - | - | - | 0.21 | - |
| | (b) Changes in the inventories of courseware and other materials | - | - | 13.48 | (0.21) | 13.48 |
| | (c) Employee benefits expense | 299.03 | 301.39 | 302.31 | 1,233.91 | 1,129.91 |
| | (d) Finance costs | 4.10 | 3.20 | 4.16 | 16.90 | 18.87 |
| | (e) Depreciation and amortisation expense | 51.63 | 50.78 | 60.99 | 225.19 | 241.12 |
| | (f) Other expenses | 391.47 | 378.58 | 304.64 | 1,281.88 | 1,027.86 |
| | Total expenses | 746.23 | 733.95 | 685.58 | 2,757.88 | 2,431.24 |
| 5 | Profit / (loss) before exceptional items and tax(3-4) | (242.39) | (260.57) | (129.85) | (122.16) | 385.00 |
| 6 | Exceptional items | - | - | - | - | - |
| 7 | Profit / (loss) before tax (5-6) | (242.39) | (260.57) | (129.85) | (122.16) | 385.00 |
| 8 | Tax expense | | | | | |
| | (a) Current tax | - | - | - | - | 42.31 |
| | (b) Deferred tax | - | - | - | - | - |
| | (c) Prior year tax adjustments | 11.47 | 0.73 | - | 12.20 | - |
| 9 | Profit / (loss) for the period / year (5-6) | (253.86) | (261.30) | (129.85) | (134.36) | 342.69 |
| 10 | Other comprehensive income, net of tax | | | | | |
| | Items that will not be reclassified to profit or loss | | | | | |
| | i) Remeasurement of the defined benefit obligation | (69.13) | 7.41 | 112.99 | (50.66) | 22.68 |
| | ii) Change in fair value of investment in equity shares | (20.00) | - | - | (20.00) | - |
| | iii) Remeasurement of the virtual digital assets | (281.02) | (588.34) | (143.49) | (323.13) | 65.24 |
| | iv) Income tax relating to remeasurement of the virtual digital assets | 93.82 | 196.41 | 65.73 | 107.88 | (3.95) |
| | Total Other Comprehensive Income (net of tax) | (276.33) | (384.52) | 35.23 | (285.91) | 63.97 |
| 11 | Total Comprehensive Income for the period / year (9+10) | (530.19) | (645.82) | (94.52) | (420.27) | 426.66 |
| 12 | Paid-up equity share capital (Face Value of Rs. 10 per share) | 630.37 | 630.37 | 590.75 | 630.37 | 590.75 |
| 13 | Reserve excluding revaluation reserve | | | | 3,797.48 | 3,647.28 |
| 14 | Earnings per share of Rs. 10 each (not annualised): | | | | | |
| | Basic | (4.03) | (4.20) | (2.20) | (2.15) | 5.80 |
| | Diluted | (4.03) | (4.20) | (2.20) | (2.15) | 5.80 |


| JETKING INFOTRAIN LIMITED
CIN:L72100MH1983PLC127133
REGD. OFFICE : 503, FLOOR - 5, AMORE BUILDING, JUNCTION OF 2ND & 4TH ROAD, KHAR (WEST), MUMBAI - 400 052. | | |
| --- | --- | --- |
| PART II - STATEMENT OF STANDALONE ASSETS AND LIABILITIES AS AT MARCH 31, 2026
(Rs. in Lakhs) | | |
| Particulars | As at
March 31, 2026
(Audited) | As at
March 31, 2025
(Audited) |
| ASSETS | | |
| Non-current assets | | |
| Property, plant and equipment | 1,867.04 | 1,947.13 |
| Right to use asset | 51.23 | 133.38 |
| Investment properties | 562.21 | 789.45 |
| Other intangible assets | 1,744.45 | 1,146.64 |
| Intangible assets under development | 27.45 | 15.43 |
| Financial assets | | |
| (i) Investments | 322.69 | 292.72 |
| (ii) Other financial assets | 182.01 | 40.64 |
| Other non-current assets | 6.78 | 257.99 |
| Total non-current assets | 4,763.86 | 4,623.38 |
| Current assets | | |
| Inventories | 0.21 | - |
| Financial assets | | |
| (i) Trade receivables | 136.93 | 211.33 |
| (ii) Cash and cash equivalents | 130.46 | 125.41 |
| (iii) Bank balances other than (ii) above | 2.11 | 45.00 |
| (iv) Other financial assets | 61.63 | 75.67 |
| Current Tax assets | 67.26 | - |
| Other current assets | 110.00 | 97.03 |
| Assets held for sale | 37.56 | - |
| Total current assets | 546.16 | 554.44 |
| TOTAL ASSETS | 5,310.02 | 5,177.82 |
| EQUITY AND LIABILITIES | | |
| Equity | | |
| Equity share capital | 630.37 | 590.75 |
| Other equity | 3,797.48 | 3,647.28 |
| Total equity | 4,427.85 | 4,238.03 |
| Non-current liabilities | | |
| Financial liabilities | | |
| (i) Borrowings | 93.26 | 48.07 |
| (ii) Lease liabilities | 18.97 | 110.73 |
| (iii) Other financial liabilities | - | 36.97 |
| Provisions | 105.74 | 57.57 |
| Deferred tax liabilities (net) | - | 107.88 |
| Other non-current liabilities | 14.44 | 25.08 |
| Total non-current liabilities | 232.41 | 386.30 |
| Current liabilities | | |
| Financial liabilities | | |
| (i) Borrowings | 12.34 | 1.79 |
| (ii) Lease liabilities | 44.13 | 38.41 |
| (iii) Trade payables | | |
| - Total outstanding dues of micro enterprises and small enterprises | 7.98 | - |
| - Total outstanding dues of creditors other than micro enterprises
and small enterprises | 201.59 | 160.83 |
| (iv) Other financial liabilities | 117.76 | 132.46 |
| Other current liabilities | 220.64 | 198.27 |
| Provisions | 45.32 | 21.73 |
| Total current liabilities | 649.76 | 553.49 |
| TOTAL EQUITY AND LIABILITIES | 5,310.02 | 5,177.82 |
SINGAPORE INSTITUTE OF MARINE & FIRE PROTECTION
MUMBAI
| JETKING INFOTRAIN LIMITED
CIN:L72100MH1983PLC127133
REGD. OFFICE : 503, FLOOR - 5, AMORE BUILDING, JUNCTION OF 2ND & 4TH ROAD, KHAR (WEST), MUMBAI - 400 052. | | |
| --- | --- | --- |
| PART III - STANDALONE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED MARCH 31, 2026
(Rs. in Lakhs) | | |
| Particulars | For the year ended March 31, 2026
(Audited) | For the year ended March 31, 2025
(Audited) |
| A. Cash flow from operating activities | | |
| Profit before tax | (122.16) | 385.00 |
| Adjustments for: | | |
| Depreciation and amortization expense | 225.19 | 241.12 |
| Exchange rate difference (net) | 0.11 | 0.61 |
| Profit on sale of property, plant and equipment | (34.48) | (1.57) |
| Profit on sale of investment property | (71.16) | - |
| (Profit) on sale of intangible assets | - | (74.82) |
| Property, plant and equipment written off | - | 0.38 |
| Lease equalisation reserve written off | 128.93 | - |
| Interest expense | 16.90 | 18.87 |
| Interest income | (13.08) | (9.87) |
| Dividend income | - | (0.08) |
| Bad debts written off | 4.61 | 2.79 |
| Allowance for expected credit loss | 13.95 | (3.29) |
| Sundry balances written back | (41.98) | (5.52) |
| Sundry balances written off | 16.05 | 3.06 |
| Revaluation loss on intangible assets (refer note 6) | 94.01 | - |
| Net loss on fair value changes - realised | 2.97 | (30.92) |
| Net (gain) / loss on fair value changes - unrealised | (22.44) | 6.64 |
| Rent income | (24.30) | (94.05) |
| Gain on termination of lease | (3.50) | (3.10) |
| Keyman insurance surrender value received | (198.75) | (417.80) |
| Operating profit before working capital changes | (29.13) | 17.45 |
| Adjustments for operating assets and liabilities: | | |
| (Increase) / Decrease in inventories | (0.21) | 13.48 |
| (Increase) / Decrease in trade receivables and other receivable | 85.95 | (190.88) |
| Increase / (Decrease) in trade payables and other provision | 54.34 | 30.00 |
| Cash generated/(used in) from operations | 110.95 | (129.95) |
| Taxes (paid)/ refund received | 17.83 | 79.31 |
| Net cash generated from / (used in) operating activities (A) | 128.78 | (50.64) |
| B. Cash flow from investing activities | | |
| Payment for purchase of property, plant and equipment, intangible assets and capital advances | (1,200.41) | (885.51) |
| Proceeds from sale of property, plant and equipment | 354.60 | 266.90 |
| Proceeds from sale/(payments) for purchase of investments (Net) | (30.50) | (22.01) |
| Proceeds/ (investments) in bank deposits having original maturity of more than three months but less than 12 months | (96.50) | 54.69 |
| Dividend and interest received | 3.62 | 10.44 |
| Keyman insurance surrender value received | 198.75 | 417.80 |
| Rent received | 40.57 | 93.94 |
| Net cash used in investing activities (B) | (729.87) | (63.76) |
| C. Cash flow from financing activities | | |
| Interest paid | (6.00) | (0.42) |
| Proceed from issue of equity shares (including securities premium) | 610.08 | - |
| Proceed from long term loan | 60.00 | 49.86 |
| Repayment of long term loans | (4.26) | - |
| Payment of principal portion of lease liabilities | (42.78) | (37.28) |
| Payment of interest portion of lease liabilities | (10.90) | (18.15) |
| Net cash generated from / (used in) financing activities (c) | 606.14 | (5.99) |
| Net increase in cash and cash equivalents (A+B+C) | 5.05 | (120.39) |
| Cash and cash equivalent at beginning of the period | 125.41 | 245.80 |
| Cash and cash equivalent at end of the period | 130.46 | 125.41 |
| Net increase as disclosed above | 5.05 | (120.39) |
503
MUMBAI
JETKING INFOTRAIN LIMITED
CIN:L72100MH1983PLC127133
REGD. OFFICE : 503, FLOOR - 5, AMORE BUILDING, JUNCTION OF 2ND & 4TH ROAD, KHAR (WEST), MUMBAI - 400 052.
Notes to the standalone financial results:
-
The above audited standalone financial results have been reviewed and recommended by the Audit Committee and thereafter approved by the Board of Directors in the respective meeting held on May 28, 2026. The statutory auditors of the Company have carried out audit of the aforesaid financial results.
-
This audited standalone financial results have been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (Ind AS) prescribed under section 133 of the Companies Act, 2013 and other recognised accounting practices and policies, to the extent applicable.
-
The Company is mainly operating in a single primary business segment, i.e. "IT Training, imparting education particularly in Hardware and Networking". Hence, there are no reportable segments as per Ind AS 108, i.e. "Operating Segments" notified by Central Government of India.
-
During the financial year 2016-17, the Company had filed arbitration proceedings against a Broker/Sub-broker for an unauthorized trade taken place in NSE F&O segment for an aggregate amount of Rs. 36.77 lakhs. The Company preferred an appeal before the Horible Arbitral Tribunal of the National Stock Exchange of India Limited (Mumbai Regional Centre) on May 24, 2016. The Order has been received in favour of the Company. Subsequent to the Order, the Broker/Sub-broker has filed an appeal in Horible High Court against the Order of Arbitral Tribunal. The appeal is at the admission stage with the Horible High Court. Necessary adjustments will be made, if required in books of account based on the outcome of High Court proceedings in the matter.
-
The Company raised equity capital on May 23, 2025 through private placement by issuing 3,96,156 equity shares of Rs. 10 each at Rs. 154 per share (including Rs. 144 share premium), pursuant to BSE's in-principle approval dated May 9, 2025. The listing application for these shares was filed with BSE on June 10, 2025. On September 23, 2025, BSE returned the application citing, inter alia, (i) deployment of proceeds in Virtual Digital Assets prior to amendment of the Company's object clause and (ii) its view that VDA investments are speculative and under policy consideration. The Company filed an appeal before the Horible Securities Appellate Tribunal, Mumbai, on October 9, 2025. Subsequent to the balance sheet date, the Horible Securities Appellate Tribunal, Mumbai, vide its order dated May 8, 2026, dismissed the Company's appeal and upheld BSE's rejection of the listing application relating to the shares allotted under the preferential issue. Consequently, the said shares cannot be listed on BSE at this stage. The Company is evaluating the implications of the order, including available legal remedies in accordance with law. The order does not impose any monetary penalty or fine on the Company and carries no order as to costs. Any further material development in this matter shall be disclosed in accordance with the SEBI Listing Regulations. This matter has no material impact on the Company's financial results and position for the year ended / as at March 31, 2026.
-
The Government of India has enacted four Labour Codes by subsuming 29 existing labour laws, which became effective from November 21, 2025. Based on an assessment carried out by the Company in accordance with the guidance issued by the Institute of Chartered Accountants of India (ICAI), and considering the draft Central Rules and FAQs issued by the Ministry of Labour and Employment, the Company has assessed that the implementation of these Labour Codes has no financial impact as at the reporting date on its financial results for the quarter and year ended March 31, 2026. The Company will continue to monitor developments, including the issuance of final rules and clarifications, as applicable.
-
The above standalone financial results of the Company are submitted to BSE and are available on our website www.jetking.com.
-
Figures for the corresponding previous periods are regrouped, wherever considered necessary, to conform to the figures of the current period/ year.
Place: Mumbai
Dated: May 28, 2026



PYS & CO LLP
CHARTERED ACCOUNTANTS
CA
INDIA
Independent Auditors’ Report on the quarterly and year-to-date audited consolidated financial results of Jetking Infotrain Limited, pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended
To
The Board of Directors of
Jetking Infotrain Limited
Report on the audit of the Consolidated Financial Results
Opinion
We have audited the accompanying Statement of consolidated financial results of Jetking Infotrain Limited (“the Holding Company” or “the Company”) and its associate (the Holding Company and its associate together referred to as “the Group”) and its share of the net loss after tax and total comprehensive income of its associate for the quarter and year ended 31 March 2026 (“the Statement”), attached herewith, being submitted by the Holding Company pursuant to the requirements of Regulation 33 of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015, as amended (the “Listing Regulations”) read with SEBI Circular No. CIR/CFD/CMD1/44/2019 dated 29 March 2019.
In our opinion and to the best of our information and according to the explanations given to us, the Statement:
a) includes the annual results of the following entities:
Holding Company:
i) Jetking Infotrain Limited
Associate:
ii) Jetking Technologies Private Limited
is presented in accordance with the requirements of Regulation 33 of the Listing Regulations; and
b) gives a true and fair view in conformity with the recognition and measurement principles laid down in the applicable Indian Accounting Standards, and other accounting principles generally accepted in India, of the consolidated net loss, total comprehensive income and other financial information of the Group for the quarter and year ended 31 March 2026.
Basis for Opinion
We conducted our audit of the Statement in accordance with the Standards on Auditing (SAs) specified under section 143(10) of the Companies Act, 2013 (“the Act”). Our responsibilities under those Standards are further described in the Auditor’s Responsibilities for the Audit of the Consolidated Financial Results section of our report. We are independent of the Group in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India (ICAI) together with the ethical requirements that are relevant to our audit of the consolidated financial statements under the provisions of the Act and the Rules made thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and Code of Ethics. We believe that the audit evidence obtained by us, along with the consideration of Other Matter paragraph below, is sufficient and appropriate to provide a basis for our audit opinion on the consolidated financial results.
P Y S & Co (a partnership firm) converted into P Y S & CO LLP (a Limited Liability Partnership with LLP Identification No AAG-9715) w.e.f. 20th July 2016.
Mumbai Office: Saraswati Bhuvan, Sahakar Road, Tejpal Scheme Road No. 5, Vile Parle (East), Mumbai - 400 067.
Tel: 9987068582 / 8286051811 Email: [email protected]
Registered Office: No. 133/2, 4th Floor, Janardhan Towers, Residency Road, Bangalore- 560 025.
Other Offices: New Delhi-NCR, Chennai and Surat
PYS & CO LLP
CHARTERED ACCOUNTANTS
INDIA
Emphasis of Matter
We draw attention to:
a) Note 4 to the Statement regarding the amount recoverable from a Broker/Sub-broker for an unauthorized trade that had taken place in NSE F&O segment for an aggregate amount of Rs. 36.77 Lakhs in earlier years. The Holding Company had filed for arbitration proceedings against the said Broker/Sub-broker and the Order had been received in favour of the Holding Company. Subsequent to the Order, the Broker/Sub-broker had filed an appeal in Hon'ble High Court against the Order of the Arbitral Tribunal. The appeal is at the admission stage with the Hon'ble High Court. In the opinion of the management of the Holding Company, no provision is required to be made at this stage.
b) Note 5 to the Statement, which describes status and subsequent development of appeal filed by the Holding Company before the Hon'ble Securities Appellate Tribunal, Mumbai. Based on Management's assessment, this matter does not have any material impact on the consolidated financial results for the quarter and year ended 31 March 2026, or on the financial position of the Holding Company as at that date.
Our opinion is not modified in respect of the above matters.
Management’s and Board of Directors’ Responsibilities for the Consolidated Financial Results
The Statement has been prepared based on the consolidated audited annual financial statements. The Holding Company’s Management and Board of Directors are responsible for preparation and presentation of the Statement that give a true and fair view of the consolidated net profit/(loss), other comprehensive income and other financial information in accordance with the with the recognition and measurement principles laid down in the Indian Accounting Standards prescribed under Section 133 of the Act, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations.
The Management and Board of Directors of the Associate Company included in the Group are responsible for maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the said Associate Company. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding the assets of each of the entity included in the Group and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and the design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring accuracy and completeness of the accounting records, relevant to the preparation and presentation of the consolidated financial results that give a true and fair view and are free from material misstatement, whether due to fraud or error, which have been used for the purpose of preparation of the consolidated financial results by the Management and the Board of Directors of the Holding Company, as aforesaid.
In preparing the Statement, the respective Management and the Board of Directors of the companies included in the Group are responsible for assessing the ability of each of the entity included in the Group to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless management either intends to liquidate the Holding Company and its associate or to cease operations, or has no realistic alternative but to do so.
The respective Board of Directors of the companies included in the Group are responsible for overseeing the financial reporting process of each company included in the Group.
PYS & CO LLP
PYS & CO LLP
CHARTERED ACCOUNTANTS
CA
INDIA
Auditors’ Responsibility for the audit of the Consolidated Financial Results
Our objectives are to obtain reasonable assurance about whether the Statement as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of the Statement.
As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:
-
Identify and assess the risks of material misstatement of the Statement, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
-
Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances. Under section 143(3)(i) of the Act, we are also responsible for expressing our opinion through a separate report on the complete set of the consolidated financial statements on whether the Holding Company and its associate which the companies are incorporated in India, have adequate internal financial controls system with reference to the consolidated financial statements are in place and the operating effectiveness of such controls.
-
Evaluate the appropriateness of accounting policies used and the reasonableness of the accounting estimates and the disclosures made in the Statement by the Management and the Board of Directors in terms of the requirements specified under Regulation 33 of the LODR Regulations.
-
Conclude on the appropriateness of Management and Board of Director’s use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the ability of the Group to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the consolidated financial results or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the Group to cease to continue as a going concern.
-
Evaluate the overall presentation, structure and content of the Statement, including the disclosures, and whether the Statement represents the underlying transactions and events in a manner that achieves fair presentation.
-
Obtain sufficient appropriate audit evidence regarding the financial information of the entities or business activities within the Group to express an opinion on the consolidated financial results. We are responsible for the direction, supervision and performance of the audit of the consolidated financial results of such entities included in the consolidated financial statements of which we are the independent auditors.
Materiality is the magnitude of misstatements in the Statement that, individually or in aggregate, makes it probable that the economic decisions of a reasonably knowledgeable user of the Statement may be influenced. We consider quantitative materiality and qualitative factors in (i) planning the scope of our audit work and in evaluating the results of our work; and (ii) to evaluate the effect of any identified misstatements in the Statement.
^{}[]
PYS & CO LLP
CHARTERED ACCOUNTANTS
CA INDIA
We communicate with those charged with governance of the Holding Company of which we are the independent auditors regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.
We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.
Other Matters
a) The Statement includes the consolidate financial results for the quarter ended 31 March 2026, being the balancing figures between audited consolidated figures in respect of the full financial year ended 31 March 2026 and the published unaudited year to date consolidated figures upto 31 December 2025, respectively being the date of the end of the third quarter of the financial year, which were subject to limited review by us, as required under the Listing Regulations.
b) The Statement include the Group’s share of profit after tax of Rs. 40.73 Lakhs for the year ended 31 March 2026, as considered in the consolidated financial results, in respect of one associate company, whose interim financial statements/ financial information have not been audited by us. The said Associate Company ceased as Associate w.e.f. 11 June 2025. This unaudited financial statements/ financial information upto 11 June 2025 have been approved and furnished to us by the management. Our conclusion, in so far it relates to the affairs of the associate company, is based solely on such management approved unaudited financial statements/ financial information. According to the information and explanations given to us by the Management, this interim financial statements/ financial information of such associate company is not material to the Group.
Our opinion is not modified in respect of the above matters.
For PYS & CO LLP
Chartered Accountants
Firm’s Registration No. 012388S/S200048


Sanjay Kokate
Partner
Membership No.: 130007
UDIN: 26130007G DLC TE3243
Place: Mumbai
Date: 28 May 2026
| JETKING INFOTRAIN LIMITED
CIRLL72106WH1983PLC127133
REGD. OFFICE : 593, FLOOR - 5, AMORE BUILDING, JUNCTION OF 2ND & 4TH ROAD, KHAR (WEST), MUMBAI - 600 052. | | | | | | |
| --- | --- | --- | --- | --- | --- | --- |
| STATEMENT OF CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED MARCH 31, 2026 | | | | | | |
| Sr.
No. | Particulars | Quarter ended | | | (Rs. in lakhs except per share data) | |
| | | 31/03/2026
(Audited) | 31/12/2026
(Unaudited) | 31/03/2026
(Audited) | 31/03/2026
(Audited) | 31/03/2026
(Audited) |
| 1 | Revenue from operations | 428.10 | 467.35 | 543.80 | 2,222.97 | 2,177.86 |
| 2 | Other income | 70.74 | 9.80 | 11.65 | 413.65 | 638.38 |
| 3 | Total Income | 503.94 | 473.35 | 555.73 | 2,635.72 | 2,816.24 |
| 4 | Expenses | | | | | |
| | (a) Purchase of courseware and other materials | - | - | - | 0.21 | - |
| | (b) Changes in the inventories of courseware and other materials | - | - | 13.48 | (0.21) | 13.48 |
| | (c) Employee benefits expense | 299.03 | 301.39 | 302.31 | 1,233.91 | 1,129.91 |
| | (d) Finance costs | 4.16 | 3.20 | 4.16 | 16.90 | 18.87 |
| | (e) Depreciation and amortisation expense | 51.63 | 50.79 | 60.99 | 225.18 | 241.12 |
| | (f) Other expenses | 381.47 | 376.38 | 304.64 | 1,281.84 | 1,027.86 |
| | Total expenses | 746.23 | 733.95 | 885.58 | 2,787.88 | 2,431.24 |
| 5 | Profit (fees) before share of profit of Associate, exceptional items and tax (3-4) | (242.38) | (260.57) | (129.85) | (122.16) | 385.00 |
| 6 | Share of profit / (loss) of Associate | - | - | - | 40.73 | (27.14) |
| 7 | Profit (fees) before exceptional items and tax (6+6) | (242.38) | (260.57) | (129.85) | (81.43) | 357.86 |
| 8 | Exceptional items | - | - | - | - | - |
| 9 | Profit / (loss) before tax (7+8) | (242.38) | (260.57) | (129.85) | (81.43) | 357.86 |
| 10 | Tax expense | | | | | |
| | (a) Current tax | - | - | - | - | 42.31 |
| | (b) Deferred tax | - | - | - | - | - |
| | (c) Prior year tax adjustments | 11.47 | 0.73 | - | 12.25 | - |
| 11 | Profit /(loss)/for the period/year (9-18) | (263.86) | (261.35) | (129.85) | (93.63) | 315.55 |
| 12 | Other comprehensive income | | | | | |
| | Items that will not be reclassified to profit or loss | | | | | |
| | (i) Remeasurement of the defined benefit obligation | (69.13) | 7.41 | 112.99 | (50.86) | 22.68 |
| | ii) Change in fair value of investment in equity shares | (20.00) | - | - | (20.00) | - |
| | iii) Remeasurement of the virtual digital assets | (281.02) | (586.34) | (143.49) | (323.13) | 65.24 |
| | iv) Income tax relating to remeasurement of the virtual digital assets | 83.82 | 196.41 | 65.73 | 107.88 | (3.95) |
| | Total Other Comprehensive Income (net of tax) | (276.33) | (384.52) | 35.23 | (285.91) | 83.97 |
| 13 | Total Comprehensive Income for the period/year (11+12) | (530.19) | (645.82) | (84.82) | (379.54) | 399.52 |
| | Total comprehensive income attributable to owners of the group | (530.19) | (645.82) | (84.82) | (379.54) | 399.52 |
| | Total comprehensive income attributable to non controlling interest | - | - | - | - | - |
| 14 | Of the total comprehensive income above, profit for the period/year attributable to: | (253.86) | (261.35) | (129.85) | (93.63) | 315.55 |
| | Profit/(loss) attributable to owners of the group | (253.86) | (261.35) | (129.85) | (93.63) | 315.55 |
| | Profit attributable to non-controlling interest | - | - | - | - | - |
| 15 | Of the total comprehensive above, other comprehensive income for the period/year attributable to: | (276.33) | (384.52) | 35.23 | (285.91) | 83.97 |
| | Other comprehensive income attributable to owners of the group | (276.33) | (384.52) | 35.23 | (285.91) | 83.97 |
| | Other comprehensive income attributable to non-controlling interest | - | - | - | - | - |
| 16 | Paid-up equity share capital (Face Value of Rs. 10 per share) | 630.37 | 630.37 | 590.75 | 630.37 | 590.75 |
| 17 | Reserve excluding revaluation reserve | | | | 3,797.48 | 3,620.14 |
| 18 | Earnings per share of Rs. 10.4 each (not annualised): | | | | | |
| | Basic | (4.03) | (4.20) | (2.28) | (1.50) | 5.34 |
| | Diluted | (4.03) | (4.20) | (2.28) | (1.50) | 5.34 |


| JETKING INFOTRAIN LIMITED
CIN:L72100MH1983PLC127133
REGD. OFFICE: 603, FLOOR - 5, AMORE BUILDING, JUNCTION OF 2ND & 4TH ROAD, KHAR (WEST), MUMBAI - 400 052. | | |
| --- | --- | --- |
| PART II - STATEMENT OF CONSOLIDATED ASSET AND LIABILITIES AS AT MARCH 31, 2026
(Rs. in Lakhs) | | |
| Particulars | As at
March 31, 2026
(Audited) | As at
March 31, 2025
(Audited) |
| ASSETS | | |
| Non-current assets | | |
| Property, plant and equipment | 1,867.04 | 1,947.13 |
| Right of use asset | 51.23 | 133.38 |
| Investment properties | 562.21 | 789.45 |
| Other intangible assets | 1,744.45 | 1,146.64 |
| Intangible assets under development | 27.45 | 15.43 |
| Financial assets | | |
| (i) Investments | 322.69 | 265.58 |
| (ii) Other financial assets | 182.01 | 40.64 |
| Other non-current assets | 6.78 | 257.99 |
| Total non-current assets | 4,763.86 | 4,596.34 |
| Current assets | | |
| Inventories | 0.21 | - |
| Financial assets | | |
| (i) Trade receivables | 136.93 | 211.33 |
| (ii) Cash and cash equivalents | 130.46 | 125.41 |
| (iii) Bank balances other than (ii) above | 2.11 | 45.00 |
| (iv) Other financial assets | 61.63 | 75.67 |
| Current Tax assets | 67.26 | - |
| Other current assets | 110.00 | 97.03 |
| Assets held for sale | 37.56 | - |
| Total current assets | 646.16 | 554.44 |
| TOTAL ASSETS | 5,310.02 | 5,150.68 |
| EQUITY AND LIABILITIES | | |
| Equity | | |
| Equity share capital | 630.37 | 590.75 |
| Other equity | 3,797.48 | 3,620.14 |
| Total equity | 4,427.85 | 4,210.89 |
| Non-current liabilities | | |
| Financial liabilities | | |
| (i) Long term borrowings | 93.26 | 48.07 |
| (ii) Lease liabilities | 18.97 | 110.73 |
| (iii) Other financial liabilities | - | 36.97 |
| Provisions | 105.74 | 57.57 |
| Deferred tax liabilities (net) | - | 107.86 |
| Other non-current liabilities | 14.44 | 25.08 |
| Total non-current liabilities | 232.41 | 396.30 |
| Current Liabilities | | |
| Financial liabilities | | |
| (i) Short term borrowings | 12.34 | 1.79 |
| (ii) Lease liabilities | 44.13 | 38.41 |
| (iii) Trade payables | | |
| - Total outstanding dues of micro enterprises and small enterprises | 7.98 | - |
| - Total outstanding dues of creditors other than micro enterprises
and small enterprises | 201.59 | 160.83 |
| (iv) Other financial liabilities | 117.76 | 132.46 |
| Provisions | 45.32 | 21.73 |
| Other current liabilities | 220.64 | 198.27 |
| Total current liabilities | 649.76 | 553.49 |
| TOTAL EQUITY AND LIABILITIES | 5,310.02 | 5,150.68 |
P 1
JETKING INFOTRAIN LIMITED
CIN:L72100MH1983PLC127133
REGD. OFFICE : 503, FLOOR - 5, AMORE BUILDING, JUNCTION OF 2ND & 4TH ROAD, KHAR (WEST), MUMBAI - 400 062.
PART III - CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED MARCH 31, 2026
(Rs. in Lakhs)
| Particulars | For the year ended March 31, 2026 (Audited) | For the year ended March 31, 2026 (Audited) |
|---|---|---|
| A. Cash flow from operating activities | ||
| Profit before tax | (81.43) | 357.86 |
| Adjustments for: | ||
| Depreciation and amortization expense | 225.19 | 241.12 |
| Exchange rate difference (net) | 0.11 | 0.61 |
| Profit on sale of property, plant and equipment | (34.48) | (1.57) |
| Profit on sale of investment property | (71.16) | - |
| (Profit) on sale of intangible assets | - | (74.82) |
| Property, plant and equipment written off | - | 0.38 |
| Lease equalisation reserve written off | 128.93 | - |
| Interest expense | 16.90 | 18.87 |
| Interest income | (13.08) | (9.87) |
| Dividend income | - | (0.08) |
| Bad debts written off | 4.61 | 2.79 |
| Allowance for expected credit loss | 13.95 | (3.29) |
| Sundry balances written back | (41.98) | (5.52) |
| Sundry balances written off | 16.05 | 3.06 |
| Revaluation loss on intangible assets (refer note 6) | 94.01 | - |
| Net loss on fair value changes - realised | 2.97 | (30.92) |
| Net (gain) / loss on fair value changes - unrealised | (22.44) | 6.64 |
| Rent income | (24.30) | (94.05) |
| Share of profit/(loss) of associate | (40.73) | 27.14 |
| Gain on termination of lease | (3.50) | (3.10) |
| Keyman insurance surrender value received | (198.75) | (417.80) |
| Operating profit before working capital changes | (29.13) | 17.45 |
| Adjustments for operating assets and liabilities: | ||
| (Increase) / Decrease in inventories | (0.21) | 13.48 |
| (Increase) / Decrease in trade receivables and other receivable | 85.95 | (190.87) |
| Increase / (Decrease) in trade payables and other provision | 54.34 | 30.00 |
| Cash generated/(used in) from operations | 110.95 | (129.94) |
| Taxes (paid)/ refund received | 17.83 | 79.31 |
| Net cash generated from / (used in) operating activities (A) | 128.78 | (55.63) |
| B. Cash flow from investing activities | ||
| Payment for purchase of property, plant and equipment, intangible assets and capital advances | (1,200.41) | (885.51) |
| Proceeds from sale of property, plant and equipment | 354.60 | 266.89 |
| Proceeds from sale/(payments) for purchase of investments (Net) | (30.50) | (22.01) |
| Proceeds/ (investments) in bank deposits having original maturity of more than three months but less than 12 months | (96.50) | 54.69 |
| Dividend and interest received | 3.62 | 10.43 |
| Keyman insurance surrender value received | 198.75 | 417.80 |
| Rent received | 40.57 | 93.94 |
| Net cash used in investing activities (B) | (729.87) | (63.77) |
| C. Cash flow from financing activities | ||
| Interest paid | (6.00) | (0.42) |
| Proceed from issue of equity shares (including securities premium) | 610.08 | - |
| Proceed from long term loan | 60.00 | 49.86 |
| Repayment of long term loans | (4.26) | - |
| Repayment of principal portion of lease liabilities | (42.78) | (37.28) |
| Payment of interest portion of lease liabilities | (10.90) | (18.15) |
| Net cash generated from / (used in) financing activities (c) | 686.14 | (5.99) |
| Net increase in cash and cash equivalents (A+B+C) | 5.05 | (120.39) |
| Cash and cash equivalent at beginning of the period | 125.41 | 245.80 |
| Cash and cash equivalent at end of the period | 130.46 | 125.41 |
| Net increase as disclosed above | 5.05 | (120.39) |
JETKING INFOTRAIN LIMITED
CIN:L72100MH1983PLC127133
REGD. OFFICE : 503, FLOOR - 5, AMORE BUILDING, JUNCTION OF 2ND & 4TH ROAD, KHAR (WEST), MUMBAI - 400 062.
PART III - CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED MARCH 31, 2026
(Rs. in Lakhs)
JETKING INFOTRAIN LIMITED
CIN:L72166MH1983PLC127133
REGD. OFFICE: 503, FLOOR - 5, ANORE BUILDING, JUNCTION OF 2ND & 4TH ROAD, KHAR (WEST), MUMBAI - 400 052.
Notes to the consolidated financial results:
-
The above audited consolidated financial results have been reviewed and recommended by the Audit Committee and thereafter approved by the Board of Directors in the respective meeting held on May 28, 2026. The statutory auditors of the Group have carried out audit of the aforesaid financial results.
-
This audited consolidated financial results have been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (Ind AS) prescribed under section 133 of the Companies Act, 2013 and other recognised accounting practices and policies, to the extent applicable.
-
The Group is mainly operating in a single primary business segment, i.e. "IT Training, imparting education particularly in Hardware and Networking". Hence, there are no reportable segments as per Ind AS 108, i.e. "Operating Segments" notified by Central Government of India.
-
During the financial year 2016-17, the Holding Company had filed arbitration proceedings against a BrokenSub-broker for an unauthorized trade taken place in NSE F&O segment for an aggregate amount of Rs. 36.77 lakhs. The Holding Company has preferred an appeal before the Hon'ble Arbitral Tribunal of the National Stock Exchange of India Limited (Mumbai Regional Centre) on May 24, 2016. The Order has been received in favour of the Holding Company. Subsequent to the Order, the BrokenSub-broker has filed an appeal in Hon'ble High Court against the Order of Arbitral Tribunal. The appeal is at the admission stage with the Hon'ble High Court. Necessary adjustments will be made, if required in books of account based on the outcome of High Court proceedings in the matter.
-
The Holding Company raised equity capital on May 23, 2025 through private placement by issuing 3,96,156 equity shares of Rs. 10 each at Rs. 154 per share (including Rs. 144 share premium), pursuant to BSE's in-principle approval dated May 8, 2025. The listing application for these shares was filed with BSE on June 10, 2025. On September 23, 2025, BSE returned the application citing, inter alia, (i) deployment of proceeds in Virtual Digital Assets prior to amendment of the Holding Company's object clause and (ii) its view that VOA investments are speculative and under policy consideration. The Holding Company filed an appeal before the Hon'ble Securities Appellate Tribunal, Mumbai, on October 9, 2025. Subsequent to the balance sheet date, the Hon'ble Securities Appellate Tribunal, Mumbai, vide its order dated May 8, 2026, dismissed the Holding Company's appeal and upheld BSE's rejection of the listing application relating to the shares allotted under the preferential issue. Consequently, the said shares cannot be listed on BSE at this stage. The Holding Company is evaluating the implications of the order, including available legal remedies in accordance with law. The order does not impose any monetary penalty or fine on the Holding Company and carries no order as to costs. Any further material development in this matter shall be disclosed in accordance with the SEBI Listing Regulations. This matter has no material impact on the consolidated financial results and position for the year ended / as at March 31, 2026.
-
Jatking Technologies Private Limited has ceased to be an associate company of the Holding Company effective from June 13, 2025, due to the reduction of the Holding Company's shareholding below the threshold defined under Section 2(b) of the Companies Act, 2013. The previously recognised loss of Rs 40.73 lakhs, on the said associate has been reversed during the year ended March 31, 2026.
-
The Government of India has enacted four Labour Codes by subsuming 29 existing labour laws, which became effective from November 21, 2025. Based on an assessment carried out by the Holding Company in accordance with the guidance issued by the Institute of Chartered Accountants of India (ICAI), and considering the draft Central Rules and FAQs issued by the Ministry of Labour and Employment, the Holding Company has assessed that the implementation of these Labour Codes has no financial impact as at the reporting date on its financial results for the quarter and year ended March 31, 2026. The Holding Company will continue to monitor developments, including the issuance of final rules and clarifications, as applicable.
-
The above consolidated financial results of the Group are submitted to BSE and are available on our website www.jetking.com.
-
Figures for the corresponding previous periods are regrouped, wherever considered necessary, to conform to the figures of the current period/ year.
Place: Mumbai
Dated: May 28, 2026



Jetking®
Annexure -II
(pursuant to SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024)
Re-Appointment of M/s. Divatia & Mehta, Chartered Accountant, as Internal Auditor
| Sr. No | Details of events that need to be provided | Information of such event(s) |
|---|---|---|
| 1. | Reason for change viz. Reappointment, resignation, removal, death or otherwise | Re-appointment |
| 2. | Date of Re-appointment & Term of Appointment | Date of Re-appointment: 28th May, 2026 |
| Terms of Appointment: For the financial year 2026-27 | ||
| 3. | Brief Profile | M/s. Divatia & Mehta, Chartered Accountant, is promoted by Mr. Jogish N Mehta and Mr. Shalin S Divatia. They have a collective Experience of more than 53 years in the field of Audit, Taxation including International Taxation. The firm also works in the areas of Amalgamation & Mergers including drafting of Schemes of Mergers, etc., Foreign Collaborations, Joint Ventures in India and Drafting of documents, Business Take Overs and related areas, Formation of Companies and Drafting of Charter documents, Shareholder agreements, etc. |
| 4. | Disclosure of relationships between directors (in case of appointment of a director) | NA |
www.jetking.com
Jetking Infotrain Limited
Registered Office: Office No. 503, 5th Floor, Amore Commercial Premises Co-Op Society Ltd., CTS No. Junction of 2nd & 4th Road, Khar (West), Mumbai – 400052 E-mail: [email protected] Tel: 9820009165 website: www.jetking.com
CIN: L74909MH1983PLC127133
Annexure III
Details pursuant to Regulation 30 of SEBI Listing Regulations read with SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023
| Sr. No. | Details of events that need to be provided | Information of such event(s) |
|---|---|---|
| 1. | Name | Mr. Harsh Bharwani |
| 2. | Reason for change viz. appointment, resignation, removal, death, or otherwise | Re-appointment as Managing Director & CEO |
| 3. | Date of appointment/cessation/Change in designation (as applicable) | 31/08/2026 |
| 4. | Brief profile (in case of appointment) | Mr. Harsh Bharwani holds Bachelor's Degree in Commerce. He has more than 22 years of diverse and hands-on experience in Human Resource Sales, and International Business. He is a Certified NLP Trainer and Certified Business Coach. Because of his professional traits he managed to overcome different aspects of business. He is currently responsible for Jetking India and Overseas Operations |
| 5. | Disclosure of relationships between Directors (in case of appointment of a director) | Relative of Mr. Siddarth Bharwani and Mr. Harsh Bharwani, Directors of the Company |
| 6. | Affirmation as required pursuant to BSE & NSE dated June 20, 2018 | NA |
Jetking®
May 28, 2026
To,
The Manager,
Department of Corporate Services
BSE Limited
Phiroze Jeejeebhoy Towers,
Dalal Street, Fort, Mumbai - 400 001
Subject: Declaration pursuant to Regulation 33(3)(d) of the Securities & Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations").
Reference: Jetking Infotrain Limited / Scrip Code: 517063 / Symbol: JETKING / ISIN: INE919C01019
Dear Sir/Madam,
This is to inform you that the Board of Directors of the Company at its Meeting held today i.e. Thursday, May 28, 2026, has considered and approved the following:
Pursuant to Regulation 33(3)(d) of the SEBI Listing Regulations, as amended, we hereby confirm that the Statutory Auditors of the Company, M/s. PYS & Co. LLP, Chartered Accountants, have issued an Audit Report with unmodified opinion on the Audited Financial Results (Standalone) and Audited Financial Results (Consolidation) of the Company for the quarter and financial year ended March 31, 2026.
Kindly take the above on your records and oblige.
Thank You.
Yours Faithfully,
For Jetking Infotrain Limited
Siddarth Suresh BHARWANI
Digitally signed by SIDDARTH SURESH BHARWANI
Date: 2026.05.28 19:58:57 +05'30'
Siddharth Bharwani
Joint Managing Director and CFO
(DIN:02020370)
Place: Mumbai
Enclosed: As above
www.jetking.com
Jetking Infotrain Limited
Registered Office: Office No. 503, 5th Floor, Amore Commercial Premises Co-Op Society Ltd., CTS No. Junction of 2nd & 4th Road, Khar (West), Mumbai – 400052 E-mail: [email protected] Tel: 9820009165 website: www.jetking.com
CIN: L74909MH1983PLC127133