Jindal Poly Films Limited has submitted to the Exchange, the financial results for the period ended September 30, 2025.
JINDALPOLY · price
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Awaiting price reaction for this filing.
Jindal Poly Films filed its Q2 and H1 FY26 results (period ended September 30, 2025) at a board meeting held on December 31, 2025 — a notably delayed filing compared with the usual November timeline. On a standalone basis, net profit for Q2 FY26 was Rs. 18,483.16 lakhs, down sharply from Rs. 38,181.86 lakhs in Q2 FY25, roughly a 52% YoY drop. Consolidated revenue from continuing operations also fell steeply, partly because the Non Woven business has been reclassified as a discontinued operation following a demerger scheme into Global Nonwovens Limited approved on August 14, 2025 (still awaiting NCLT approval). The statutory auditor, Singhi & Co., was unable to express a conclusion on the consolidated results because of a fire at a subsidiary's Nashik plant in May 2025, where loss assessment is still pending. An exceptional item of Rs. 3,980.11 lakhs was recognised on the standalone books, reflecting a loss on share buyback by a wholly owned subsidiary. Prior period numbers have been restated under Ind AS 105 due to the discontinued operations classification.
The unusually late filing, the auditor's inability to conclude on the consolidated numbers, and the pending Nashik fire loss assessment create uncertainty for investors. The sharp PAT decline and the exceptional buyback-related loss are negatives, but year-on-year comparisons are distorted by the discontinued-operations reclassification, so investors should watch for updates on the fire impact and NCLT clearance of the demerger before drawing firm conclusions.