Jayatma Industries posts Rs 42.60 lakh September loss as revenue rises

Jayatma Industries Limited reported a Rs 42.60 lakh loss after tax for the quarter ended September 30, 2026, despite revenue from operations increasing to Rs 567.98 lakh from Rs 270.51 lakh in the June 2026 quarter and Rs 524.99 lakh a year earlier. The sequential loss narrowed, but the year-on-year loss widened.

What did Jayatma Industries report for September 2026?

Jayatma Industries reported a Rs 42.60 lakh loss after tax for the quarter ended September 30, 2026, compared with a Rs 60.66 lakh loss in the June 2026 quarter and a Rs 25.15 lakh loss in the September 2025 quarter. The loss narrowed by Rs 18.06 lakh sequentially, while it was Rs 17.45 lakh higher than in the comparable prior-year quarter.

Revenue from operations was Rs 567.98 lakh and other income was Rs 18.93 lakh, taking total income to Rs 586.91 lakh in the September 2026 quarter. The filing reported no exceptional items, no current tax expense and no deferred tax expense for the quarter. Other comprehensive income was nil, leaving total comprehensive income at a Rs 42.60 lakh loss.

Jayatma Industries recorded basic and diluted earnings per share, or EPS, of negative Rs 0.69 for the September 2026 quarter, compared with negative Rs 0.99 in June 2026 and negative Rs 0.41 in September 2025. The company stated that these per-share figures were not annualised. Its paid-up equity share capital was unchanged at Rs 6.15 crore, with a face value of Rs 10 per share.

How did Jayatma Industries’ revenue change across periods?

Jayatma Industries’ quarterly revenue from operations rose by Rs 297.47 lakh from the June 2026 quarter and by Rs 42.99 lakh from the September 2025 quarter. Other income also increased to Rs 18.93 lakh, from Rs 10.63 lakh sequentially and Rs 13.15 lakh a year earlier, contributing to the rise in total income to Rs 586.91 lakh.

The six-month comparison moved differently. Revenue from operations for the six months ended September 30, 2026 was Rs 838.49 lakh, down Rs 39.43 lakh from Rs 877.92 lakh in the corresponding 2025 period. Total income declined by Rs 33.42 lakh to Rs 868.05 lakh, while other income increased to Rs 29.56 lakh from Rs 23.55 lakh.

Jayatma Industries operates in textiles, including cotton, yarn and fabrics, according to the financial-results notes. The announcement does not provide separate revenue, profit or asset figures for those activities. As a result, the reported quarterly revenue of Rs 567.98 lakh cannot be divided between cotton, yarn and fabric operations using this filing.

Why did higher revenue not produce a September-quarter profit?

Jayatma Industries remained loss-making in the September 2026 quarter, and the filing does not assign the Rs 42.60 lakh loss to a specific product, cost category or market condition. The disclosed results show no exceptional item or tax credit that would have changed the reported loss after tax.

The period comparisons show that higher revenue did not translate into a better result than a year earlier. September-quarter revenue was Rs 42.99 lakh above the prior-year level, but the loss after tax was Rs 17.45 lakh greater than the Rs 25.15 lakh loss reported for September 2025. Against June 2026, the Rs 297.47 lakh increase in revenue coincided with an Rs 18.06 lakh narrowing of the loss.

For the six months ended September 30, 2026, Jayatma Industries reported a Rs 1.03 crore loss after tax, compared with a Rs 48.76 lakh loss in the corresponding 2025 period. The half-year loss therefore increased by Rs 54.50 lakh, while six-month revenue from operations declined by Rs 39.43 lakh from the prior-year period.

What do Jayatma Industries’ half-year balance-sheet figures show?

Jayatma Industries reported total assets of Rs 34.03 crore as of September 30, 2026, compared with Rs 35.36 crore as of March 31, 2026. Current assets were Rs 21.33 crore at September-end, including inventories of Rs 13.27 crore, trade receivables of Rs 9.06 crore and other current assets of Rs 4.06 crore.

Total equity was Rs 8.34 crore at September 30, 2026, down from Rs 9.37 crore at March 31, 2026. Share capital remained Rs 6.15 crore, while other equity declined to Rs 2.17 crore from Rs 3.22 crore. The Rs 1.03 crore decrease in other equity corresponds closely with the reported half-year loss after tax of Rs 1.03 crore.

Non-current borrowings stood at Rs 12.42 crore at September 30, 2026, compared with Rs 12.67 crore at March 31, 2026. Current borrowings increased to Rs 9.22 crore from Rs 8.43 crore over the same period. The cash-flow statement reported net cash generated from operating activities of Rs 47.29 lakh for the six months ended September 30, 2026, compared with Rs 95.83 lakh in the year ended March 31, 2026.

What did the board and auditor say about the results?

Jayatma Industries’ board approved and took the standalone unaudited quarterly and half-year financial results on record on November 2, 2026, after review by the Audit Committee. The results were submitted under Regulation 33 of the Securities and Exchange Board of India’s Listing Obligations and Disclosure Requirements Regulations, 2015.

G M C A & CO., Chartered Accountants, issued its limited review report on November 2, 2026. The auditor said that nothing had come to its attention that caused it to believe the results were not prepared in accordance with applicable accounting standards or that they contained a material misstatement.

The auditor said its work was performed under Standard on Review Engagement 2410, which involves inquiries and analytical procedures and provides moderate assurance rather than an audit opinion. Jayatma Industries’ notes added that the limited review report contained no observation that could affect the financial results for the quarter ended September 30, 2026.

Conclusion

Jayatma Industries increased September-quarter revenue to Rs 567.98 lakh from both the preceding quarter and the prior-year quarter, but reported a Rs 42.60 lakh loss after tax. The result was an improvement from the Rs 60.66 lakh loss in June 2026, while remaining below the prior-year September performance, when the loss was Rs 25.15 lakh. The six-month loss also widened to Rs 1.03 crore as six-month revenue declined.

Jayatma Industries did not disclose a turnaround plan, profit target, earnings guidance or a scheduled date for its next results announcement. The unresolved issue in this filing is the reason higher quarterly revenue did not produce a profit; subsequent disclosures will show whether revenue remains above the September 2025 level and whether losses, equity of Rs 8.34 crore and borrowings change.