Un-audited Financial results for the quarter ended June 30, 2026
RESULTS
▼ Concern Flagged
HIGH RISK
📅 Filed on BSE: 28 Jul 2026, 05:10 PM IST · BSE ID: 609cd7e0-9278-41be-a64d-3085575f3bf1
View Original BSE Filing (PDF)
💡
In Simple Terms
The company reported its first quarter financial results, showing ₹2,124.47 lakhs in revenue but a net loss of ₹(267.16) lakhs.
🤖 AI Summary
- JTL Defence Ltd's Board approved Q1 FY27 consolidated unaudited financial results on July 28, 2026.
- Revenue from operations for the quarter ended June 30, 2026, stood at ₹2,124.47 lakhs.
- The company reported a consolidated net loss after tax of ₹(267.16) lakhs for Q1 FY27.
- Auditors included emphasis of matter on recovery of financial assets, tax notices, and long-standing investments.
- Certain subsidiary/associate financial information was not incorporated into the consolidated results.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Revenue from operations
2,124.47 lakhs
Not comparable — limited prior period data.
Net Profit / (Loss) from ordinary activities after tax
(267.16) lakhs
Not comparable — limited prior period data.
Basic Earning Per Share
(2.54)
Not comparable — limited prior period data.
Long-standing investments
₹1,186.17 Lakhs
🏢 How This Affects the Company
The company has resumed full operations during the quarter, following the successful conclusion of the Corporate Insolvency Resolution Process (CIRP) on December 8, 2025.
The company reported a consolidated net loss after tax of ₹(267.16) lakhs for Q1 FY27, impacted by ₹277.90 lakhs additional depreciation from revaluation.
JTL Defence (Erstwhile RCI Industries & Technologies Limited) has fully resumed operations after its CIRP, focusing on manufacturing metals and metal products.
Uncertainty exists regarding the recovery of ₹1,186.17 lakhs in long-standing investments and the outcome of various taxation notices prior to the NCLT order.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders based on this financial results filing.
👤
Who Is Affected
All shareholders are affected by the reported consolidated net loss of ₹(267.16) lakhs and the noted uncertainties regarding financial asset recoveries and long-standing investments of ₹1,186.17 lakhs.
🔍
Management Signal
Management is actively pursuing recovery of outstanding financial assets and re-establishing communication for long-standing investments, indicating intent to resolve pre-CIRP legacy issues.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q2 FY27 results — monitor recovery efforts for financial assets and investments.
Updates on NCLT order immunity for taxation notices.
Progress on obtaining confirmations for long-standing investments.
HIGH RISK
Uncertainty regarding recovery of significant financial assets, taxation matters, and long-standing investments.
💡 Investor Takeaway
JTL Defence Ltd reported Q1 FY27 consolidated revenue from operations of ₹2,124.47 lakhs, against a net loss after tax of ₹(267.16) lakhs. The auditor highlighted significant financial assets and long-standing investments, aggregating ₹1,186.17 lakhs, with uncertain recoverability.
⚖️ Strengths & Concerns
✅ Positives
- Revenue from operations significantly increased to ₹2,124.47 lakhs in Q1 FY27, up from ₹0.00 lakhs in Q1 FY26, indicating business resumption.
- Excluding revaluation depreciation, the adjusted Profit After Tax (PAT) for Q1 FY27 would have been ₹10.74 lakhs.
⚠️ Concerns
- JTL Defence reported a consolidated net loss after tax of ₹(267.16) lakhs for the quarter ended June 30, 2026.
- Auditors highlighted unconfirmed long-standing investments of ₹1,186.17 lakhs in three investee companies due to communication breaks during CIRP.
📅 Company Track Record
JTL Defence Ltd (Erstwhile RCI Industries & Technologies Limited) completed its Corporate Insolvency Resolution Process (CIRP) on December 8, 2025. The company's Q4 FY26 revenue was Rs. 152 Mn, with PAT of Rs. 17 Mn. FY26 revenue was Rs. 193 Mn.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was JTL Defence Ltd's revenue from operations in Q1 FY27?
JTL Defence Ltd reported revenue from operations of ₹2,124.47 lakhs for the quarter ended June 30, 2026.
What was JTL Defence Ltd's net profit/loss after tax for Q1 FY27?
JTL Defence Ltd reported a consolidated net loss after tax of ₹(267.16) lakhs for the quarter ended June 30, 2026.
What is the total value of long-standing investments highlighted by the auditors for JTL Defence Ltd?
Auditors drew attention to long-standing investments aggregating ₹1,186.17 Lakhs in Ace Matrix Solutions Limited, Kay Exim Private Limited, and MetalRod Private Limited as of June 30, 2026.
What impact did asset revaluation have on JTL Defence Ltd's Q1 FY27 profit?
Additional depreciation of ₹277.90 lakhs attributable to asset revaluation resulted in a reported net loss; without this, the Profit After Tax would have been ₹10.74 lakhs for the quarter.
Questions based on this BSE filing only. For information purposes.