BSEJiya Eco-Products LtdHighNeutral
Announced Thu, 12 Feb · 21:49 IST

Jiya Eco-Products Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025.

Going ConcernQualified OpinionRevenue DeclinePat NegativeAuditor Mid Year ChangeResults View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Jiya Eco-Products Ltd, which is currently under Corporate Insolvency Resolution Process (CIRP) since May 2023, announced its unaudited standalone and consolidated financial results for the quarter ended December 31, 2025. The company reported zero revenue from operations for Q3 FY26, down from ₹10 lakhs in the previous quarter. It posted a net loss of ₹1.13 lakhs for the quarter and ₹6.97 lakhs for the nine-month period. The Board of Directors' powers remain suspended and the Resolution Professional (Mr. Prawincharan Dwary) is managing the company. The auditor, SDB & Company (Additional Auditors), issued a disclaimer of conclusion citing multiple serious concerns including missing documents for sales, purchases, and inventory, no fixed asset register, unconfirmed trade receivables, unsecured loans without agreements, and non-compliance with MSMED Act provisions.

Likely market impact

This is a deeply negative filing for shareholders. The company continues in insolvency with effectively no operations, the auditor could not verify the financial statements, and losses continue to mount. Shareholders face significant risk of dilution or total loss as the CIRP resolution process moves forward, with the Resolution Professional now driving outcomes rather than the original Board.