Jindal Poly reports record FY26 net profit led by fair value gains

1 min read     Updated on 02 Jun 2026, 04:31 AM
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Jindal Poly Investment and Finance Company Limited reported a standalone net profit of ₹88,543 lakh for FY26, a significant increase driven by fair value gains. Total income for the year stood at ₹1,03,657 lakh compared to ₹3,169 lakh in the prior year. The Board approved the audited results on May 30, 2026, and re-appointed internal auditors for the upcoming financial year.

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Jindal Poly Investment and Finance Company Limited reported a standalone net profit of ₹88,543 lakh for the financial year ended March 31, 2026, a substantial increase from ₹5,564 lakh in the previous year. The surge was primarily driven by a net gain of ₹1,02,517 lakh on fair value changes and amortisation during the year. The Board of Directors approved the audited standalone and consolidated financial results at its meeting held on May 30, 2026. The company published these results in Jansatta and Financial Express newspapers on May 31, 2026, in compliance with SEBI Listing Regulations.

The company’s total income for FY26 stood at ₹1,03,657 lakh, compared to ₹3,169 lakh in the prior year. For the quarter ended March 31, 2026, the net profit was ₹3,999 lakh, while total income reached ₹4,729 lakh. M/s Suresh Kumar Mittal & Co., Chartered Accountants, the Statutory Auditors, issued an unmodified opinion on the financial results.

Financial Performance

The table below summarizes the standalone and consolidated financial performance for the year and quarter ended March 31, 2026:

Particulars Consolidated Year Ended 31.03.2026 (₹ in lakh) Consolidated Year Ended 31.03.2025 (₹ in lakh) Standalone Year Ended 31.03.2026 (₹ in lakh) Standalone Year Ended 31.03.2025 (₹ in lakh)
Total Income from Operations 1,03,654.00 783.00 1,03,657.00 3,169.00
Net Profit for the period 85,751.00 6,865.00 88,543.00 5,564.00

Consolidated Results

On a consolidated basis, the company reported a net profit of ₹85,751 lakh for FY26, up from ₹6,865 lakh in the previous year. Total consolidated income for the year was ₹1,03,654 lakh. The results include the share of net loss from its associate, Jindal India Powertech Limited, which was ₹2,791 lakh for the year.

Board Decisions

In addition to the financial results, the Board re-appointed M/s VASK & Associates, Chartered Accountants, as Internal Auditors for the financial year 2026-27. The trading window for the company’s securities will remain closed until June 1, 2026, in compliance with SEBI regulations on insider trading.

Historical Stock Returns for Jindal Poly Inv. & Fin.

1 Day5 Days1 Month6 Months1 Year5 Years
-0.33%+4.25%+10.56%+8.43%+26.48%+2,934.41%

How sustainable is the company's profit growth given its heavy reliance on fair value gains?

What strategies will the company employ to mitigate the recurring losses from its associate, Jindal India Powertech Limited?

Will the company consider declaring a dividend given the substantial surge in net profit for FY26?

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Jindal Poly Investment and Finance Company: Ms. Kirty Agarwal Resigns as Non-Executive Director

1 min read     Updated on 10 May 2026, 03:01 AM
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Jindal Poly Investment and Finance Company Limited disclosed the resignation of Ms. Kirty Agarwal (DIN: 08646168) as Non-Executive Non-Independent Director, effective May 8, 2026, due to personal commitments. She also resigned from the NRC Committee and all other board committees. The filing was submitted to BSE and NSE by Company Secretary Bhuwan Singh Taragi in compliance with SEBI Listing Regulations.

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Jindal Poly Investment and Finance Company Limited has notified the stock exchanges of the resignation of Ms. Kirty Agarwal (DIN: 08646168) from the position of Non-Executive Non-Independent Director of the Company, with effect from May 8, 2026. The intimation was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III of the Listing Regulations. The Company received the resignation letter from Ms. Agarwal on the same date, and the disclosure was filed by Company Secretary Bhuwan Singh Taragi (Membership No. A62693).

Resignation Details

The key details of the directorial change, as disclosed under SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, are summarised below:

Parameter: Details
Name of Director: Ms. Kirty Agarwal
DIN: 08646168
Nature of Change: Resignation
Designation: Non-Executive Non-Independent Director
Date of Cessation: May 8, 2026
Reason: Personal commitments

Resignation Letter Highlights

In her resignation letter addressed to the Board of Directors, Ms. Agarwal stated that she was unable to continue discharging her responsibilities on the Board due to personal commitments. She also tendered her resignation from the NRC Committee and any other committees of the Company, effective the same date. Ms. Agarwal requested the Board to complete all necessary formalities, including filings and intimations with the Registrar of Companies and other statutory authorities as applicable. She further requested acknowledgement from the Company upon completion of the requisite statutory filings.

Ms. Agarwal confirmed that, effective May 8, 2026, she stands relieved and discharged from all duties, responsibilities, liabilities, obligations, and compliances associated with the office of Director of the Company and any other committee. She expressed gratitude for the opportunity to be associated with Jindal Poly Investment and Finance Company Limited and for the support extended during her tenure.

Regulatory Compliance

The intimation was submitted to both BSE Limited and the National Stock Exchange of India Ltd. in accordance with the applicable provisions of the SEBI Listing Regulations. The filing was signed and submitted by Bhuwan Singh Taragi, Company Secretary (Membership No. A62693), on May 8, 2026.

Historical Stock Returns for Jindal Poly Inv. & Fin.

1 Day5 Days1 Month6 Months1 Year5 Years
-0.33%+4.25%+10.56%+8.43%+26.48%+2,934.41%

Who will Jindal Poly Investment and Finance Company appoint as a replacement Non-Executive Director, and how might the new appointment influence the board's strategic direction?

How will Ms. Agarwal's departure from the NRC Committee affect ongoing executive compensation decisions and key managerial appointments at the company?

Could this board-level change signal any broader shifts in the promoter group's governance strategy or ownership structure within the Jindal group?

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