1. Approved and taken on record Audited Standalone and Consolidated Financial Results for the Quarter and Financial Year ended on March 31, 2026, along with Auditor''''s Report on Audited ....
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Shri Jagdamba Polymers Limited reported audited financial results for FY2026 ending March 31. Standalone total income declined to Rs 4,353.25 lakhs from Rs 4,909.37 lakhs in FY2025, representing approximately 11% revenue decline. Net profit after tax fell to Rs 413.86 lakhs from Rs 480.97 lakhs year-on-year. The company received an unmodified (clean) audit opinion from Jain K S & Associates. Exceptional items included Rs 285.82 lakhs from an insurance claim for stock loss settlement, and Rs 674.60 lakhs interest refund from customs duty was credited to Other Income. The board also appointed Mr. Sachin Solanki as Internal Auditor for FY2026-27. On consolidated basis including subsidiary Global Polyweave Private Limited, total income was Rs 4,501.49 lakhs with net profit of Rs 362.38 lakhs.
Revenue and profit declined year-on-year, which may negatively impact investor sentiment. However, the clean audit opinion and positive operating cash flows provide some comfort. The subsidiary Global Polyweave contributed losses, dragging consolidated profitability.