JBF Industries Limited — Others, 18-08-2025: Copy of Newspaper Publication
18-08-2025 | 08:34 pm
18-08-2025 | 08:34 pm
JBF Industries Limited, currently under Corporate Insolvency Resolution Process, has announced its financial results for the quarter. The company reported zero income from operations and a net loss of (0.047) Cr. All manufacturing operations have ceased. Its 'going concern' status is significantly impacted due to inability to service borrowings of approximately 2473.79 Cr, leading to unprovided interest of 1668.59 Cr. Ongoing legal disputes, including one for 32.94 Cr, contribute to the financial strain. Auditors have highlighted these concerns. Final resolution plans are now shared with the Committee of Creditors.
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