Disclosure under Regulation 30 read with Regulation 47(3) of SEBI (LODR) Regulation, 2015, News paper publication of Audited Financial Results for the quarter and year ended 31st March, 2026.
Awaiting price reaction for this filing.
JBF Industries Ltd, currently under Corporate Insolvency Resolution Process (CIRP), published its audited standalone financial results for Q4 and FY 2025-26 in Financial Express on 21 May 2026. The company reported a loss of Rs. 266 lakh for Q4 March 2026 and a full-year loss of Rs. 541 lakh. Other Equity stood at Rs. 8,187 lakh. The Resolution Professional (RP) Mr. Mukesh Verma signed the filing. Key audit concerns include interest on borrowings of Rs. 20,143 lakh not provisioned due to ongoing litigation, provision for doubtful debts, and assets repossessed. The company has ceased all manufacturing operations. A resolution plan was approved by the Committee of Creditors with certain observations. The company's manufacturing subsidiary JBF RAK LLC (UAE) also underwent e-derecognition under SARFAESI Act.
The company continues to incur losses and is under insolvency proceedings. The massive unrecognized interest liability of Rs. 20,143 lakh creates material uncertainty about the going concern status. Shareholders should note that the company has no manufacturing operations and the stock (Scrip: 514034, Symbol: JBFIND) remains under CIRP with limited visibility on revival.