JBF Industries (514034) Q2 26/27 earnings summary
Event summary combining transcript, slides, and related documents.
Q2 26/27 earnings summary
12 Nov, 2026Executive summary
Manufacturing operations at all locations have been discontinued following transfer of secured assets to CFM Asset Reconstruction and Madelin Enterprises; insolvency resolution proceedings remain active.
Auditors highlight material going-concern uncertainty, saying the ability to sustain operations and meet financial commitments has been critically dented.
Financial highlights
Q2 FY27 reported net loss was Rs. 74 lakh and total comprehensive loss was Rs. 74 lakh; H1 FY27 net loss was Rs. 118 lakh.
Q2 reported EPS was negative Rs. 0.09; EPS would have been negative Rs. 15.71 if finance cost had been provided at documented rates.
H1 FY27 loss before tax was Rs. 118 lakh, compared with Rs. 539 lakh for FY26.
Outlook and guidance
CIRP was extended by NCLT through 25 November 2026; revised resolution plans are being received after negotiations, with voting and an NCLT approval application to follow.
Latest events from JBF Industries
- Operations ceased; CIRP and unprovided interest cloud the financial outlook.514034
Q4 23/24 - Nil revenue, understated losses, and critical going concern risks amid ongoing insolvency.514034
Q1 26/27 - Net loss of Rs. (458.24) crore for FY26, operations ceased, and going concern status lost.514034
Q4 25/26 - Nil revenue, net loss, discontinued operations, and severe going concern risks dominate results.514034
Q3 25/26 - Nil revenue, net loss ₹350 lakh, operations halted, CIRP ongoing, going concern in doubt.514034
Q1 24/25 - Nil revenue, net loss, and insolvency highlight critical financial distress and operational cessation.514034
Q2 24/25 - Net loss continues amid insolvency, discontinued operations, and unresolved legal claims.514034
Q3 24/25 - Severe financial distress, discontinued operations, and ongoing insolvency proceedings dominate FY25.514034
Q4 24/25 - Minimal revenue, net loss, and ongoing insolvency with major legal and financial uncertainties.514034
Q1 25/26