Jayabharat Credit reports Q2 FY27 Net Loss of Rs. 23.54 Lakhs; going concern noted
RESULTS
▼ Concern Flagged
HIGH RISK
📅 Filed on BSE: 04 Nov 2026, 02:51 PM IST · BSE ID: 0fb71918-9634-4e6b-970c-1cd8c2fcf255
View Original BSE Filing (PDF)
💡
In Simple Terms
The company reported a net loss for the quarter, and auditors raised concerns about its ability to continue as a business.
🤖 AI Summary
- Jayabharat Credit Ltd. reported a Net Loss of Rs. 23.54 Lakhs for Q2 FY27 ended 30 September 2026.
- The company's accumulated losses reached Rs. 7,711.01 Lakhs as of 30 September 2026.
- Negative Net Worth recorded at Rs. 6,243.31 Lakhs as on 30 September 2026, with current liabilities exceeding total assets.
- Auditors highlighted a material uncertainty regarding the company's going concern ability, citing current inactive business operations.
- Promoter financial support by way of Inter Corporate Deposits of Rs. 6,194.26 Lakhs continues to help meet financial requirements.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Net Profit (Loss) for Q2 FY27
Rs. (23.54) Lakhs
Not comparable — limited prior period data.
Net Profit (Loss) for H1 FY27
Rs. (50.28) Lakhs
Not comparable — limited prior period data.
Accumulated Losses as of 30 Sep 2026
Rs. 7,711.01 Lakhs
Negative Net Worth as of 30 Sep 2026
Rs. 6,243.31 Lakhs
Borrowings (Current Liabilities) as of 30 Sep 2026
Rs. 6,194.26 Lakhs
🏢 How This Affects the Company
The company is not currently in any active business activities, which impacts its ability to generate operating revenue.
The Net Loss for the quarter, accumulated losses of Rs. 7,711.01 Lakhs, and negative Net Worth of Rs. 6,243.31 Lakhs indicate significant financial strain. Promoter support in borrowings aids short-term liquidity.
The absence of active business operations implies minimal day-to-day operational activity beyond administrative functions.
The auditors' note on 'going concern' creates a substantial risk regarding the company's long-term viability without a change in business trajectory or sustained promoter support.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders based on this financial results filing.
👤
Who Is Affected
All shareholders are affected by the financial performance, specifically the reported Net Loss of Rs. 23.54 Lakhs and the auditors' going concern note. The accumulated losses directly impact the company's equity value.
🔍
Management Signal
The management continues to operate on a going concern basis, supported by promoter Inter Corporate Deposits of Rs. 6,194.26 Lakhs, despite the company not being in active business activities.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List - track these upcoming events
Q3 FY27 results — monitor for any changes in revenue or business activity.
Future auditor reports — assess if the 'going concern' note is modified or removed.
Board meeting outcomes — check for strategic decisions on business revival or capital infusion.
HIGH RISK
Auditor's 'going concern' note due to inactive business, accumulated losses, and negative net worth.
💡 Investor Takeaway
Jayabharat Credit Ltd. reported a Net Loss of Rs. 23.54 Lakhs for Q2 FY27, adding to accumulated losses of Rs. 7,711.01 Lakhs. The company's Net Worth is negative at Rs. 6,243.31 Lakhs, with auditors noting a material uncertainty regarding its ability to continue as a going concern due to inactive business.
⚖️ Strengths & Concerns
⚠️ Concerns
- Q2 FY27 Net Loss was Rs. 23.54 Lakhs, contributing to significant accumulated losses of Rs. 7,711.01 Lakhs.
- The company recorded a negative Net Worth of Rs. 6,243.31 Lakhs as of 30 September 2026, indicating liabilities exceed assets.
📅 Company Track Record
Jayabharat Credit reported a Net Loss of Rs. 23.54 Lakhs for Q2 FY27 and a Net Loss of Rs. 26.74 Lakhs for Q1 FY27. The company's prior filing on November 4, 2026, confirmed these results. The Board Meeting on October 26, 2026, scheduled the approval of Q2 and Half-Year FY27 results.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Jayabharat Credit's net profit/loss for Q2 FY27?
Jayabharat Credit Ltd. reported a Net Loss of Rs. 23.54 Lakhs for the second quarter ended 30 September 2026 (Q2 FY27).
What is Jayabharat Credit's accumulated loss as of 30 September 2026?
As of 30 September 2026, Jayabharat Credit Ltd. had accumulated losses totaling Rs. 7,711.01 Lakhs.
Does Jayabharat Credit Ltd. have a negative Net Worth?
Yes, as of 30 September 2026, Jayabharat Credit Ltd. reported a negative Net Worth of Rs. 6,243.31 Lakhs.
What did the auditors say about Jayabharat Credit's going concern status?
The auditors drew attention to a material uncertainty regarding the company's ability to continue as a going concern, noting its accumulated losses, negative net worth, and inactive business activities.
What is the role of promoter support for Jayabharat Credit?
Promoters provide financial support through Inter Corporate Deposits, amounting to Rs. 6,194.26 Lakhs, helping the company meet its financial requirements and expenses despite its inactive business.
Questions based on this BSE filing only. For information purposes.