JBFINDNSEJBF Industries Limited· Textiles - SyntheticHighNeutral
Announced Thu, 13 Aug, 2026 · 16:11 IST
JBF Industries Q1 loss; auditor flags going concern, qualified opinion
Going-concern doubtQualified audit opinionEmphasis of matterNet loss reportedExceptional itemResults View source PDFExplain this filing
Price reaction
Awaiting price reaction for this filing.
AI summary
JBF Industries, under CIRP since Jan 2024, posted Q1FY27 loss of Rs 44 lakh on nil revenue as manufacturing is shut. Auditor issued a qualified opinion, flagging Rs 12,299 lakh interest not provided on Rs 2,47,379 lakh borrowings, and that the company ceases to be a going concern. Lenders hold all assets; TMBL case of Rs 32.94 crore and USD 252 million guarantee invocation pending. NCLT returned the resolution plan; COC re-running the process.
Likely market impact
Under CIRP; operations shut, going concern in doubt, over Rs 21,000 crore unpaid interest. NCLT returned resolution plan. Very high risk.