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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
JTL Defence Ltd

JTL Defence Q1 FY27 Net Loss (₹267.16 lakhs); Revenue ₹2,124.47 lakhs

RESULTS ▼ Concern Flagged HIGH RISK
📅 Filed on BSE: 28 Jul 2026, 05:03 PM IST  ·  BSE ID: 26a077b2-3da1-4d77-abd6-d6146f08c454
View Original BSE Filing (PDF)
💡
In Simple Terms
JTL Defence reported a net loss of ₹(267.16) lakhs for the recent quarter, with sales of ₹2,124.47 lakhs.
🤖 AI Summary
  • JTL Defence Ltd Board approved Q1 FY27 unaudited consolidated financial results on July 28, 2026.
  • Revenue from operations for the quarter ended June 30, 2026, was ₹2,124.47 lakhs.
  • The company reported a consolidated net loss of ₹(267.16) lakhs for Q1 FY27.
  • Net loss includes ₹277.90 lakhs additional depreciation from asset revaluation in March 2026.
  • Auditor's report noted pending recovery of financial assets and long-standing investments worth ₹1,186.17 lakhs.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Revenue from operations (Q1 FY27)
2,124.47 lakhs
Not comparable — limited prior period data.
Net Profit / (Loss) (Q1 FY27)
(267.16) lakhs
Not comparable — limited prior period data.
Basic EPS (Q1 FY27)
(2.54)
Long-Standing Investments (June 30, 2026)
₹1,186.17 Lakhs
Additional Depreciation due to Revaluation (Q1 FY27)
₹277.90 lakhs
🏢 How This Affects the Company
📈
Business Impact
The company resumed full operations during the quarter under review, following the successful conclusion of the Corporate Insolvency Resolution Process (CIRP) on December 8, 2025. This marks a re-establishment of the operational base for the company's manufacturing activities.
💰
Financial Impact
JTL Defence reported a consolidated net loss of ₹(267.16) lakhs for Q1 FY27. This includes ₹277.90 lakhs in additional depreciation expense due to revaluation, without which the company would have reported a Profit After Tax (PAT) of ₹10.74 lakhs.
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Operational Impact
With the CIRP completed, the company has resumed full operations, focusing on manufacturing metals and metal products. Management is actively re-establishing communication with investee companies to recover outstanding balances.
⚠️
Risk Impact
The company faces risks related to the ultimate recovery of outstanding financial assets, including trade receivables and long-standing investments aggregating ₹1,186.17 Lakhs. Additionally, there is uncertainty regarding the eventual outcome of notices from taxation authorities pertaining to pre-NCLT order periods.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders based on this filing.
👤
Who Is Affected
Shareholders are affected by the reported net loss of ₹(267.16) lakhs for the quarter and the ongoing uncertainties surrounding the recovery of ₹1,186.17 lakhs in investments and resolution of tax matters.
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Management Signal
Management is focused on recovering outstanding financial assets, re-establishing communication with investee companies, and addressing tax notices, indicating efforts to stabilize post-CIRP operations.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
Q2 FY27 results — monitor progress on financial asset and investment recoveries.
Updates on communications with Ace Matrix, Kay Exim, and MetalRod for investment confirmations.
Resolution of notices from Taxation Authorities regarding pre-NCLT periods.
HIGH RISK Significant unrecovered financial assets, unresolved tax matters, and past insolvency process create high financial uncertainty.
💡 Investor Takeaway
JTL Defence reported consolidated revenue from operations of ₹2,124.47 lakhs and a net loss of ₹(267.16) lakhs for Q1 FY27. The auditor noted concerns regarding ₹1,186.17 lakhs in long-standing investments and tax authority notices, with their ultimate impact not yet ascertainable.
⚖️ Strengths & Concerns

✅ Positives

  • Revenue from operations significantly increased to ₹2,124.47 lakhs for Q1 FY27 from ₹0.00 lakhs in Q1 FY26.
  • Excluding revaluation depreciation, Q1 FY27 Profit After Tax (PAT) would have been ₹10.74 lakhs, indicating underlying operational profitability.

⚠️ Concerns

  • The company reported a consolidated Net Profit / (Loss) of ₹(267.16) lakhs for Q1 FY27.
  • Outstanding financial assets and long-standing investments in three companies totaling ₹1,186.17 lakhs face uncertain recovery and confirmation.
📅 Company Track Record
JTL Defence Ltd (Erstwhile RCI Industries & Technologies Limited) completed its Corporate Insolvency Resolution Process (CIRP) on December 8, 2025. In FY26, the company reported revenue of Rs. 1,928.77 lakhs and a PAT of Rs. 26.78 lakhs, with Q4 FY26 revenue at Rs. 1,524.08 lakhs and PAT at Rs. 169.70 lakhs. The company's fixed assets were revalued in March 2026.

Based on publicly available historical data. For context only.

❓ Frequently Asked Questions
What was JTL Defence Ltd's revenue from operations for the quarter ended June 30, 2026?
JTL Defence Ltd reported revenue from operations of ₹2,124.47 lakhs for the quarter ended June 30, 2026.
What was the net profit or loss for JTL Defence Ltd in Q1 FY27?
The company reported a consolidated net loss of ₹(267.16) lakhs for the quarter ended June 30, 2026.
What significant audit matters were highlighted for JTL Defence Ltd?
The auditor highlighted pending recovery of financial assets, notices from taxation authorities, and long-standing investments aggregating ₹1,186.17 Lakhs that lack recent confirmations from investee companies.
How did asset revaluation impact JTL Defence Ltd's Q1 FY27 financial results?
The Q1 FY27 net loss of ₹(267.16) lakhs includes ₹277.90 lakhs of additional depreciation expense due to asset revaluation, without which the Profit After Tax (PAT) would have been ₹10.74 lakhs.

Questions based on this BSE filing only. For information purposes.

⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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