KORE2024-01-012024-03-31 KORE2024-01-012024-03-31 KORE2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member KORE2024-01-012024-03-31in-bse-fin:OneOperatingExpenses02Member KORE2024-01-012024-03-31in-bse-fin:OneOperatingExpenses03Member KORE2024-01-012024-03-31in-bse-fin:OneOperatingExpenses04Member KORE2024-01-012024-03-31in-bse-fin:OneOperatingExpenses05Member KORE2024-01-012024-03-31in-bse-fin:OneOperatingExpenses06Member KORE2024-01-012024-03-31in-bse-fin:OneOperatingExpenses07Member KORE2024-01-012024-03-31in-bse-fin:OneOperatingExpenses08Member KORE2024-01-012024-03-31in-bse-fin:OneOperatingExpenses09Member KORE2024-01-012024-03-31in-bse-fin:OneOperatingExpenses10Member KORE2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member KORE2024-01-012024-03-31in-bse-fin:FourOperatingExpenses02Member KORE2024-01-012024-03-31in-bse-fin:FourOperatingExpenses03Member KORE2024-01-012024-03-31in-bse-fin:FourOperatingExpenses04Member KORE2024-01-012024-03-31in-bse-fin:FourOperatingExpenses05Member KORE2024-01-012024-03-31in-bse-fin:FourOperatingExpenses06Member KORE2024-01-012024-03-31in-bse-fin:FourOperatingExpenses07Member KORE2024-01-012024-03-31in-bse-fin:FourOperatingExpenses08Member KORE2024-01-012024-03-31in-bse-fin:FourOperatingExpenses09Member KORE2024-01-012024-03-31in-bse-fin:FourOperatingExpenses10Member KORE2024-03-31 KORE2024-03-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 123456 KORE NA INE0J6801010 Jay Jalaram Technologies Limited Nonbanking Format SME/ITP 2023-04-01 2024-03-31 2024-05-29 2024-05-22 INR Lakhs Yearly Single segment The Company is having business segment of Electronic Gadgets and Electric Vehicles. Considering the provisions of Accounting Standard 17, the Company do not have any reportable segment. 17:30:00 21:50:00 2024-05-29 2024-05-29 true Cash Flow Indirect Declaration of unmodified opinion 2023-10-01 2024-03-31 Audited Consolidated 3230189000.00 5543000.00 3235731000.00 48896000.00 3185650000.00 -295397000.00 47733000.00 19722000.00 6221000.00 170283000.00 3183107000.00 52625000.00 -257000.00 52369000.00 0.00 52369000.00 14234000.00 -233000.00 14001000.00 38368000.00 0.00 0.00 0.00 38368000.00 0.00 -5000.00 38373000.00 111300000.00 10 3.45 3.45 0.00 0.00 0.00 Basic and Diluted Earnings Per Share of periods presented have been calculated based on the weighted average number of shares outstanding in respective periods. Half Year 31.03.2024 Year Ended 31.03.2024 Debt Equity Ratio: 1.86 1.86 Debt Service Coverage Ratio: 0.71 0.77 Interest Service Coverage Ratio: 3.65 2.47 For Detailed Results, please refer Outcome of Board Meeting held on 29.05.2024. 2023-04-01 2024-03-31 Audited Consolidated 5418564000.00 8562000.00 5427125000.00 48896000.00 5395739000.00 -519314000.00 79720000.00 37574000.00 10997000.00 317144000.00 5370755000.00 56371000.00 -1144000.00 55227000.00 0.00 55227000.00 16000000.00 -1406000.00 14595000.00 40633000.00 0.00 0.00 0.00 406.33 0.00 -25000.00 40657000.00 111300000.00 10 163339000.00 3.65 3.65 0.00 0.00 0.00 Bank Charges 19346000.00 Brokerage and Commission 2307000.00 Electricity Expenses 6809000.00 Franchisee Commission 66936000.00 Other Expenses 17178000.00 Payment Gateway Expenses -3726000.00 Rent Expenses 47260000.00 Sales Promotion Expenses 6204000.00 Store Maintenance Expenses 3316000.00 Travelling Expenses 4655000.00 Bank Charges 26677000.00 Brokerage and Commission 5643000.00 Electricity Expenses 13367000.00 Franchisee Commission 127299000.00 Other Expenses 33078000.00 Payment Gateway Expenses 11223000.00 Rent Expenses 76074000.00 Sales Promotion Expenses 10332000.00 Store Maintenance Expenses 5361000.00 Travelling Expenses 8096000.00 111300000.00 163339000.00 0.00 274639000.00 0.00 0.00 24000.00 122271000.00 14000.00 0.00 304415000.00 2047000.00 428747000.00 386182000.00 86422000.00 189613000.00 143148000.00 2067000.00 807431000.00 1510842000.00 79410000.00 0.00 8973000.00 0.00 3976000.00 0.00 92359000.00 0.00 3660000.00 0.00 19309000.00 115327000.00 0.00 937482000.00 98745000.00 67930000.00 0.00 197798000.00 93560000.00 1395514000.00 1510842000.00 NOTES TO THE AUDITED CONSOLIDATED FINANCIAL RESULTS: 1 The above consolidated audited financial results have been prepared in accordance with the Accounting Standards prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India and have been audited by the Statutory Auditors of the Company. 2 The above consolidated audited financial results of the Jay Jalaram Technologies Limited (the “Company” or “Parent”) and its subsidiary Company (the Parent and its subsidiary together referred to as the “Group”) have been reviewed and recommended by the Audit Committee and approved by the Board of Directors of the Company at their respective meetings held on 29th May, 2024. The Statutory Auditors have expressed an unmodified audit opinion on the above consolidated financial results for the half year and year ended 31st March, 2024. 3 The Group is having business segment of Electronic Gadgets and Electric Vehicles. Considering the provisions of Accounting Standard 17, the Group do not have any reportable segment. 4 The Consolidated financial results of the Company for the half year and year ended 31st March, 2024 includes the financial results of M/s. Hear More Techlife Private Limited ( HMTPL ) and M/s. Techgrind Solutions Private Limited ( TGS ) and the same has been considered for consolidated financial results of the Group. 5 These consolidated results include the results of HMTPL (from 26th April, 2023 till the period ended 31st March, 2024) and TGS (from the date of its incorporation (i.e. 05th June, 2023) till the period ended 31st March, 2024) with a beneficial ownership of 59% and 51% respectively. The Financial Results of both the subsidiaries has been considered for the financial results of the group by combining like items of Incomes and Expenses and eliminating intragroup income and expenses. The carrying amount of the company's Investment in both the subsidiaries is knocked off against the company's portion of Equity in the respective subsidiaries. 6 As per the provisions of Accounting Standard 21 Consolidated Financial Statements , the amount of loss borne by the minority interest is only up to the value of their equity contribution. The loss beyond the loss borne by the Minority Interest is borne by the majority (the parent) and will be recovered subsequently against the profit attributable to the Minority Interest from the future profits of the subsidiaries. 7 There were no investor complaints, known to the Company, outstanding as on the half year ended 31st March, 2024. 8 The Holding Company acquired subsidiaries during the half year ended September 30, 2023. Therefore, no comparative figures of the consolidated audited financial results for half year ended 31st March, 2023 and year ended 31st March, 2023 are available. 9 The figures for the current half year ended 31st March, 2024 are the balancing figures between the audited figures in respect of the full financial year ended 31st March, 2024 and published year to date figures up to the half year ended 30th September, 2023 which were subjected to limited review. 10 Basic and Diluted Earnings Per Share of periods presented have been calculated based on the weighted average number of shares outstanding in respective periods. Half Year 31.03.2024 Year Ended 31.03.2024 Debt Equity Ratio: 1.86 1.86 Debt Service Coverage Ratio: 0.71 0.77 Interest Service Coverage Ratio: 3.65 2.47 For Detailed Results, please refer Outcome of Board Meeting held on 29.05.2024. 37574000.00 10997000.00 0.00 0.00 0.00 0.00 -5155000.00 0.00 1231000.00 0.00 44646000.00 -519938000.00 -62137000.00 56169000.00 96920000.00 117245000.00 -10862000.00 -322604000.00 -277957000.00 -222730000.00 0.00 0.00 0.00 14786000.00 0.00 -237516000.00 0.00 0.00 -237516000.00 0.00 59000.00 0.00 0.00 0.00 0.00 0.00 0.00 85000.00 27621000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 799000.00 0.00 4457000.00 0.00 -22339000.00 0.00 0.00 -22339000.00 49000.00 0.00 0.00 263854000.00 0.00 0.00 37574000.00 0.00 0.00 226329000.00 0.00 0.00 226329000.00 -33526000.00 0.00 -33526000.00 0.00 -33526000.00