ALPHA TRIBE

Jindal Poly Films LimitedBoard Meeting, 14-08-2025: Outcome of Board Meeting

14-08-2025 | 11:37 pm

Jindal Poly Films' board approved Q1 FY26 consolidated financials. Revenue hit ₹1,083.41 Cr, with net profit at ₹36.51 Cr. Notably, profit was impacted by an ₹81.77 Cr exceptional charge for inventory devaluation.

Auditors flagged a fire at a subsidiary's Nashik plant, impacting assets and inventory, and couldn't fully assess its effect on consolidated results.

The company also acquired 48.84% of Enerlite Solar Films India Ltd, now a subsidiary. Internal auditor re-appointed; secretarial auditor appointed, pending shareholder nod.

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