Submission of financial results for the quarter and year ended 31st March 2026
JAINREC · price
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Jain Resource Recycling Limited reported strong full-year results for FY26 with revenue from operations growing 50% to Rs 9,231 million from Rs 6,143 million in FY25. Profit after tax increased 64% to Rs 347 million from Rs 211 million, driven by higher volumes and operational efficiency. The company completed its IPO in October 2025 raising Rs 5,000 million through fresh issue of shares. The Board approved setting up a new plastic recycling facility with Rs 15 crore capex expected to be operational by Q3 FY27. The company also incorporated a joint venture with C&Y Group Investments Inc. during the year. Statutory auditors MSKC & Associates LLP issued an unmodified opinion on the audited results.
Strong revenue and PAT growth indicate healthy business momentum. The new plastic recycling facility and JV expansion signal growth focus. The upcoming Company Secretary resignation and auditor changes are administrative transitions but warrant monitoring for compliance continuity.