Pursuant to provisions of Regulation 30 of SEBI (LODR) Regulations 2015, the Board of Directors at its meeting held on 4th May, 2026 considered and approved, inter alia, audited stand alone ....
JPPOWER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.9 pts more than Nifty Smallcap 250 and 1.7 pts more than its Power Generation peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Jaiprakash Power Ventures Ltd reported audited standalone PAT of ₹44,152 lakhs for FY26, down 45.5% from ₹81,073 lakhs in FY25. Q4 standalone PAT was a loss of ₹2,335 lakhs. Revenue from operations grew marginally to ₹5,56,346 lakhs (up 1.85% YoY). Statutory auditors (Lodha & Co. LLP) issued a qualified opinion on both standalone and consolidated results, citing non-provision for ₹123,915 lakhs corporate guarantee to Jaiprakash Associates Limited (JAL) and non-compliance with SEBI circulars. Key concerns include: CIRP application filed against the Company by NARCL; ₹8.56 lakh crore in sand mining notices from Andhra Pradesh DMG; ₹24,909 lakhs arbitration deposit; and ₹5.69 lakh crore recompense claim from lenders. BDO India Services Private Limited appointed as new Internal Auditor. Three Independent Directors appointed subject to shareholder approval.
The 45% PAT decline and qualified auditor opinion signal deteriorating financial health. The CIRP filing against the Company and massive contingent liabilities from DMG notices create significant uncertainty. Shareholders face potential material impact from the unresolved corporate guarantee to JAL and ongoing litigation.