Intimation of Re-Appointment of Auditors
JINDWORLD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Jindal Worldwide Limited reported audited standalone revenue of ₹2,21,992 lakhs for FY2026, essentially flat compared to ₹2,22,467 lakhs in FY2025. Profit after tax declined to ₹6,729 lakhs from ₹7,377 lakhs, an 8.8% decrease, with EPS falling from ₹0.74 to ₹0.67. Consolidated PAT was ₹6,981 lakhs vs ₹7,557 lakhs. The company appointed new Internal Auditors (M/s Jagdish Verma & Co.) and Cost Auditors (M/s K.V. Melwani & Associates) for FY2026-27. The Board did not recommend any dividend for FY2025-26. Statutory Auditors issued an unmodified opinion confirming clean financials. The company operates in Textiles and Electric Vehicles segments, with the EV segment reporting losses of ₹815 lakhs for the year.
The 8.8% decline in standalone PAT despite flat revenue signals margin compression, which may concern investors. No dividend and the appointment of new auditors suggest cost focus. The clean audit opinion is positive for investor confidence.