JBF Industries Limited — Board Meeting, 13-08-2025: Outcome of Board Meeting

JBF Industries' Resolution Professional has approved the standalone financial results for Q1 FY26. The company reported a net loss of Rs. 0.47 Cr for the quarter ended June 30, 2025. Auditors highlighted significant concerns, stating JBF Industries is not a 'going concern' due to its critical financial state. A key auditor qualification noted the company's decision not to book interest on its large borrowings (~Rs. 2,474 Cr), which reduced reported finance costs by ~Rs. 107 Cr. Consolidated financial results could not be prepared. The company is currently undergoing Corporate Insolvency Resolution Process, with final resolution plans shared with lenders.