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

JBF Industries (under CIRP) approved its standalone unaudited Q1 FY26 financial results, reporting a net loss of Rs. 0.47 Cr. However, auditors flagged a critical issue: the company didn't provide interest on Rs. 2,473.79 Cr of borrowings. This understated quarterly finance costs by Rs. 107.10 Cr. Had interest been provided, the net loss would jump to Rs. 107.57 Cr. The auditors also emphasize the significant impact on the company's 'going concern' status. Consolidated financials were not prepared. The corporate insolvency resolution process continues.