Q1 FY27 results: profit turnaround, board backs voluntary delisting
JINDALPHOT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.1 pts less than Nifty Microcap 250 and 1.7 pts less than its Investment Company 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.
Jindal Photo swung to a standalone profit of Rs 667 lakh in Q1 FY27 from a loss of Rs 96 lakh a year ago. Total income jumped to Rs 797 lakh from Rs 54 lakh; EPS stood at Rs 6.50 versus negative Rs 0.54. Board approved a voluntary delisting proposal from NSE and BSE; postal ballot e-voting runs till August 18. The 23rd AGM is set for September 21. Auditor flagged an emphasis of matter on unrecovered loans and guarantee payments made for joint venture MCCL, where no provisions were created.
Big event for shareholders is the proposed voluntary delisting from NSE and BSE. Q1 profit turnaround is supportive, but watch exposure to stressed joint venture MCCL.