JBF Industries (514034) Q1 26/27 earnings summary

Executive summary

• Company is under Corporate Insolvency Resolution Process (CIRP) and has discontinued manufacturing operations at all locations.

• Unaudited standalone financial results for the quarter ended 30th June 2026 were reviewed and approved by the Resolution Professional.

Financial highlights

• Revenue from operations for the quarter ended 30th June 2026 was nil; total income was Rs. 2 lakhs.

• Net loss for the quarter was Rs. 44 lakhs, compared to a net loss of Rs. 260 lakhs in the previous quarter.

• EPS for the quarter was (0.05), compared to (0.31) in the previous quarter.

• Finance costs are significantly understated due to non-provision of interest at documented rates, resulting in lower reported losses.

Outlook and guidance

• The company’s ability to continue as a going concern is critically impaired due to discontinued operations and inability to meet financial commitments.

• CIRP process is ongoing, with the Committee of Creditors rerunning the resolution plan process.