Outcome of the Board Meeting held on 10th November, 2025
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The Board of Jayshree Chemicals approved unaudited financial results for the quarter and half year ended 30 September 2025. Total profit after tax from continuing and discontinued operations stood at around Rs 7.73 lakhs for H1 FY26 versus Rs 1.94 lakhs in the same period last year. The company has discontinued its Wind Power Division (sold via slump sale to M/s Vaishnavi Wind Infra Pvt Ltd for Rs 276 lakhs, completed on 2 July 2025) and Electric Division, which is why year-on-year continuing operations revenue has fallen sharply. An exceptional item of Rs 12.32 lakhs was booked for an expense related to the old sale of the caustic soda plant to Grasim Industries (formerly Aditya Birla Chemicals). Statutory auditor M/s AMK & Associates issued an unmodified limited review report, and the Board also approved keeping books of accounts at the corporate office at 31 Chowringhee Road, Kolkata.
For shareholders, the company is in a restructuring phase, pruning non-core divisions, which has compressed top-line revenue from continuing operations. Cash flow from operations remains negative, and overall profitability is thin and heavily reliant on other/interest income, so near-term earnings momentum is weak despite the small improvement in bottom line.