BSEBoard Meeting13 Aug 2026 · 13 Aug 2026, 02:40 pm
Quarterly Results June 30, 2026
JOJO Ltd · 531910
✦ AI SummaryResults
JOJO Ltd has announced its unaudited standalone financial results for the quarter ended June 30, 2026, with revenue from operations at Rs. 415.45 lakhs and net profit after tax at Rs. 11.92 lakhs. The company has also acquired a business vertical offering online media streaming platform and has changed its name to JOJO LIMITED from MADHUVEER COM 18 NETWORK LIMITED.
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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact6/10
Market Sentiment5/10
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JOJO Ltd - 531910 - Board Meeting Outcome for Quarterly Results June 30, 2026
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JOJOLIMITED
(Formerly known as Madhuveer Com 18 Network Limited)
August 13, 2026
The General Manager-Listing
Corporate Relationship Department
BSE Limited, Ground Floor,
P.J. Towers, Dalal Street, Mumbai
Scrip Code: 531910
Dear Sir/Madam,
Sub: Outcome of the meeting of the Board of Directors held on Thursday, August
13,2026
Ref: Regulation 30 & 33 of the Securities and Exchange Board of India (Listing
Obligation and Disclosure Requirement) Regulation, 2015.
Dear Sir/Madam,
Pursuant to Regulation 30 and 33 of the Securities and Exchange Board of India
(Listing Obligations and Disclosure Requirements) Regulations 2015, the Board of
Directors of the Company at their meeting held on today i.e. Thursday, August 13,
2026 at the Registered Office of the Company inter-alia has, considered and
approved:
1. Un-Audited Financial Results of the Company for the Quarter ended on 30t
June, 2026, along with the Auditor's Limited Review Report Pursuant to
Regulation 33 of SEBI (Listing Obligation and Disclosure Requirements)
Regulation, 2015.
2. Reviewed other business of the Company.
The Board Meeting commenced at 02.00 p.m. and concluded at 02:30 p.m.
You are requested to kindly take the same on record.
Thanking you
Yours faithfully
For JOJO Limited
(Formerly Known as Madhuyeer Com 18 Network Limited)
Pushti Rajani
Company Secretary and
M. No.: A78352
. Email ID - info@jojolimited.com | Contact - +91 9157024032, +91 9081675111
Website - www.jojolimited.com, | CIN - L93000GJ1995PLC026244 | GSTIN - 24AACCT3820A2Z0
Reaqistered Office - 812 Anand Mangal 3, Opp. Core House, Nr. Hirabag Road, Ambavadi, Ahmedabad, Gujarat, 380006
JOJOLIMITED
(Formerly known as Madhuveer Com 18 Network Limited)
JOJO LIMITED (FORMERLY KNOWN AS MADHUVEER COM 18 NETWORK LIMITED)
CIN: L93000G1995PLC026244
REGD. OFF: NO # 812, ANAND MANGAL - lll, OPP. CORE HOUSE, AMBAWADI, AHMEDABAD - 380006
Email: info@jojolimited.com
STATEMENT OF UNAUDITED STANDALONE FINANICAL RESULTS FOR THE QUARTER ENDED JUNE 30, 2026
{Rs. in Lakhs) Except EPS]
‘QUARTER ENDED YEAR ENDED
Particulars 30.062026 31.03.2026 30.06.2025 31.03.2026
(Unaudited) (Audited) (Unaudited) (Audited)
] income
(a) Revenue from operations 41545 1227.22 135.76 225297
(b) Other income 022 432 052 640
[Total income (a+b) 415,67 123154 13628 225937
Expenses
(a) Employee benefits expense 8444 7253 5278 25008
(b) Finance cost - - - -
(c) Depreciation and amortisation expense 5505 5133 an 6692
(d) Other expenses 11083 84139 5144 1,048.17
Total expenses 25032 965.25 108.94 136917
Profit / (Loss) from Operations before exceptional and ppepen sa629) p— 020
tax (1-2)
Less: Exceptional items - - - -
Proft/ (Loss) before tax (3-4) 16535 266.29) 734 89020
Tax expense
~Current Tax w5an 5234 541 20204
~Tax of Ealier Perioud - - 088 g
“Deferred Tax 1065 5775 147 5952
Net Profit (Loss) after tax (5-6) 109.26 11620 1958 588.64
i [Other Comprehensive Income
(tems that will not be reclassifietdo Profitor Loss:
[Remeasuremenotf defined benefits plans (noef tatx) - - - -
[Total Comprehensive Income/{Loss) (after tax) for the o 1820 . =
period (9+10)
Paid up Equity Share Capital (Face value of Rs. 10/- 3,448.07 2,548.07 2,448.07 2,548.07
each)
Other Equity excluding revaluation reserve - - - 82393
[Earnings per equity share:
(1) Basic- Rs. 032 0.46 0.08 231
(2) Diluted- Rs. 0.32] 0.5 0.08 231
The above Unaudited Standalone Financial Results were reviewed by Audit Committee and taken on record by the Board of Directors at its
meeting held on August 13, 2026.
The Unaudited Standalone Financial Results are prepared in accordance with the Accounting Standards specified under Section 133 of the
Companies Act, 2013 ("Act”) read with Companies (Indian Accounting Standards) Rules, 2015 as amended and in the format as prescribed under
Regulation 33 of the SEBI (LODR) Regulations, 2015. The financial information presented above is extracted from and is harmonized to conform
with the Unaudited Standalone Financial Results.
The Unaudited Standalone Financial Results of the Company are available on Company's website and also on the website of BSE Limited, ..
3 ‘www.bseindia.com, where the Sharofe tshe Company are listed.
During the quarter ended June 30, 2026, the Company received 4 investor complaints. Al the complaints were resolved during the quarter and no
investor complaint was pending as on June 30, 2026.
During the quarter ended March 31, 2026, the Company has acquired Business vertical offering online media streaming platform, film production,
post production, music composition, visual effects (VFX), sound design and digital content creation on going concern basis from its wholly owned
subsidiary, Navkar Events Private Limited.
From March 17, 2026, the name of the Company has been changed to JOJO LIMITED from MADHUVEER COM 18 NETWORK LIMITED.
Previous quarter’s/ year's figures have been re-grouped / re-arranged wherever necessary.
For and on behalf of the Board of Directors of
JOJO LIMITED (Formerly known AS MADHUVEER COM 18
NETWORK LIMITED)
Dhruvin Shah
August 13, 2026 Managing Director
DIN: 08801616
Email ID - info@jojolimited.com | Contact - +91 9157024032, +91 9081675111
Website - www.jojolimited.com, | CIN - L93000GJ1995PLC026244 | GSTIN - 24AACCT3820A220
Registered Office - 812, Anand Mangal 3, Opp. Core House, Nr. Hirabag Road, Ambavadi, Ahmedabad, Gujarat, 380006
SHAH SANGHVI & ASSOCIATES
Chartered Accountants INDIA
Independent Auditor's Review Report on Quarterly Unaudited Standalone Financial Results of the
Company pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, as amended.
The Board of Directors,
JOJO LIMITED (Formerly known as MADHUVEER COM18 NETWORK LIMITED)
1. We have reviewed the accompanying statement of unaudited standalone financial results of JOJO
LIMITED (Formerly known as MADHUVEER COM18 NETWORK LIMITED) (the “Company”), for the
quarter ended June 30, 2026 (the "Statement") attached herewith, being submitted by the Company
pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, as amended (the "Listing Regulations”).
2. This Statement, which is the responsibility of the Company’s Management and approved by the
Company's Board of Directors, has been prepared in accordance with the recognition and
measurement principles laid down in Indian Accounting Standards (Ind AS) 34, ‘Interim Financial
Reporting’, prescribed under Section 133 of the Companies Act, 2013, as amended, read with relevant
rules issued there under and other accounting principles generally accepted in India and in compliance
with Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the
Statement based on our review.
3. We conducted our review of the Statement in accordance with the Standard on Review Engagement
(SRE) 2410, "Review of Interim Financial Information performed by the Independent Auditor of the
Entity”, issued by the Institute of Chartered Accountants of India. This standard requires that we plan
and perform the review to obtain moderate assurance as to whether the financial statement is free of
material misstatement. A review of interim financial information consists of making inquiries, primarily
of person responsible for financial and accounting matters and applying analytical and other review
procedures. A review is substantially less in scope than an Audit conducted in accordance with
Standards on Auditing and consequently does not enable us to obtain assurance that we could
become aware of all significant matters that might be identified in as Audit. Accordingly, we do not
express an audit opinion.
9 11th Floor AW porate
4. Based on our review conducted and procedures performed as stated above, nothing has come to our
attention that causes us to believe that the accompanying statement of unaudited financial results,
prepared in accordance with applicable Indian Accounting Standards ('Ind AS’) specif
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