Jindal Poly Films Limited Announces FY2026 Results: Standalone Audit Unqualified, Consolidated Statement Receives Qualified Opinion
Jindal Poly Films Limited has announced its audited financial results for the Fourth Quarter and Financial Year ended March 31, 2026. The company's Board of Directors approved the results following the conclusion of a meeting held on August 13, 2026.The company reported varied outcomes across its standalone and consolidated financial statements. While the Statutory Auditors issued an Unmodified opinion on the Standalone Audited Financial Results for the year ended March 31, 2026, they provided a Modified (qualified) opinion on the Consolidated Audited Financial Results.
Standalone Performance Snapshot
The results show that the company’s standalone operations were reviewed by the Audit Committee and subsequently audited. The Statutory Auditors confirmed an Unmodified opinion on the Annual Standalone Audited Financial Results for the year ended March 31, 2026.Financial highlights from the Standalone Statement of Audited Financial Results include:
| Particulars | Quarter ended March 31, 2026 (Audited) | Year Ended March 31, 2026 (Audited) |
|---|---|---|
| Total Income | 63,161.82 Lakhs | 97,892.04 Lakhs |
| Total Expenses | 54,499.26 Lakhs | 3,84,937 Lakhs |
| Net Profit/(Loss) after tax (for period/year) | (2,11,001.34) Lakhs | - |
Consolidated Results and Auditor's Qualification
The Consolidated Financial Statements for the year ended March 31, 2026, received a Modified (qualified) opinion from the Statutory Auditors. This qualification is specifically related to concerns regarding the inventories held in a subsidiary’s factory at Nashik, Maharashtra.The auditor noted that while management conducted physical verification of inventory damaged due to fire and wrote off such items, some areas of the factory premises were affected by the incident, leading to storage space constraints. Consequently, certain stockpiles of usable waste were stored under mixed conditions. Due to these circumstances, auditors could not perform a complete physical verification of all inventories at year-end.
The auditor stated that while they performed alternative procedures and reviewed subsequent inventory movements, they were unable to determine whether any adjustments were necessary to the carrying value of inventories as at March 31, 2026, or the consequential impact on profit for the year. The qualification is reported as a first-time instance.
Key Financial Metrics (Consolidated)
The audited consolidated results reflect significant operational figures:| Particulars | Quarter ended March 31, 2026 (Audited) | Year Ended March 31, 2026 (Audited) |
|---|---|---|
| Total Income | 97,892.04 Lakhs | 5,33,493.54 Lakhs |
| Total Expenses | 3,84,937 Lakhs | - |
| Net Profit/(Loss) before tax from continuing operations | (34,678.98) Lakhs | (1,06,189) Lakhs |
Summary of Financial Position
The Consolidated Statement of Assets, Equity and Liabilities as at March 31, 2026, reflects the company's overall financial standing:| Particulars | As at March 31, 2026 (Audited) | As at March 31, 2025 (Audited) |
|---|---|---|
| Total Assets | 5,24,642.24 Lakhs | 7,54,248.74 Lakhs |
| Total Equity and Liabilities | 5,24,642.24 Lakhs | 7,54,248.74 Lakhs |
The results were reviewed by the Audit Committee of the company’s Board of Directors and are available to investors on the company's website and stock exchange portals.
JINDALPOLY Stock Price Movement
On Thursday, Jindal Poly Films' stock shed 2.48%, settling at ₹651.5.The equity traded within a range of ₹648.5 to ₹688.5 throughout the day.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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