Jindal Poly Films Q2 FY26: Board Approves Unaudited Standalone & Consolidated Results
Jindal Poly Films Limited announced the outcome of its Board Meeting held on December 31, 2025. The Board has approved the unaudited standalone and consolidated financial results for the quarter and h...
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Why is Jindal Poly Films Limited in the news today?
Jindal Poly Films Limited (JINDALPOLY) is in the news due to the announcement is a routine disclosure of financial results and board meeting outcome. while the results themselves are not provided in detail for sentiment analysis, the auditor's report on consolidated results contains qualifications due to a fire incident at a subsidiary and reliance on unreviewed information, which introduces a neutral to slightly negative tone.
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Jindal Poly Films Q2 FY26: Board Approves Unaudited Standalone & Consolidated Results
December 31, 2025, 06:25 PM
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Jindal Poly Films Limited announced the outcome of its Board Meeting held on December 31, 2025. The Board has approved the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2025, along with the Limited Review Reports from the Statutory Auditors.
The Board meeting commenced at 06:00 P.M. (IST) and concluded at 11:30 P.M. (IST). The detailed financial results are also available on the company's website, www.jindalpoly.com.
The accompanying auditor's reports highlight that the financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) and other recognized accounting practices. However, the consolidated report notes that a fire at a subsidiary's plant in Nashik, Maharashtra, has caused damage, and the assessment of losses is ongoing. Additionally, the consolidated results include interim financial information from several subsidiaries and an associate that were not reviewed by their auditors, though management considers these immaterial to the Group. The report further mentions that certain foreign subsidiaries' financial results, while converted to Indian accounting principles, were not audited by their local auditors but certified by their management, and are also considered not material to the Group. Despite these points, the auditors could not express a conclusion on the consolidated statement due to the significance of the fire incident and the unreviewed subsidiary information.
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