Yashraj Containeurs Ltd reported a net loss of ₹66.37 lakh for the financial year ended March 31, 2026, a significant shift from the net profit of ₹57.03 lakh recorded in the previous year. The company, which is currently under the Corporate Insolvency Resolution Process (CIRP), recorded zero revenue from operations for FY26. Total income for the year stood at ₹16.71 lakh, down from ₹210.83 lakh in the previous year.

The Resolution Professional Committee approved the audited financial results for the quarter and year ended March 31, 2026, on May 30, 2026. The trading window for directors and Key Managerial Personnel (KMPs) was closed from April 1, 2026, until 48 hours after the declaration of the financial results. The financial statements have been prepared on a "going concern" basis in accordance with the provisions of the Insolvency and Bankruptcy Code, 2016.

For the quarter ended March 31, 2026, the company reported a net loss of ₹6.79 lakh. Total income for the quarter was ₹5.10 lakh, driven entirely by other income. The basic and diluted earnings per share (EPS) for the quarter stood at (₹0.04). For the full year, the basic and diluted EPS were (₹0.39), compared to (₹14.22) in the previous year, which included exceptional items.

Financial Performance

The company's expenses for FY26 totaled ₹83.09 lakh, a decrease from ₹153.80 lakh in the previous year. Other expenditure constituted the largest component of expenses at ₹72.28 lakh. Employee benefit expenses for the year were ₹2.10 lakh. The company did not report any cost of materials consumed or purchase of stock in trade for the year, consistent with the zero revenue from operations.

Auditor's Observations

Satya Prakash Natani & Co., the statutory auditors, issued a qualified opinion on the financial results. The auditors drew attention to the fact that the National Company Law Tribunal (NCLT) admitted the company into CIRP in March 2024. Consequently, the powers of the Board of Directors are suspended, and management is vested with the Resolution Professional.

During the audit, the auditors were informed that certain books of account, supporting documents, and reconciliations relating to various balances are under reconciliation or verification as part of the CIRP process. Due to the absence of adequate audit evidence, the auditors were unable to comment on the impact regarding expected credit loss assessments, the completeness and accuracy of liabilities, claims admitted by the Resolution Professional, and the going concern assumption.

Yashraj Containers Ltd has announced the postponement of its RP Committee Meeting, which was originally scheduled for May 25, 2026. The meeting has been rescheduled to take place on May 30, 2026. The company confirmed that there is no change in the agenda items to be considered during this postponed session.

The primary purpose of the meeting is to review and approve the audited financial results for the quarter and year ended March 31, 2026. This process is being conducted in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015.

In compliance with regulatory norms, the trading window for dealing in the company's shares remains closed. This restriction will continue until the expiry of 48 hours after the official announcement of the financial results.

The communication was addressed to the Listing Manager at the Bombay Stock Exchange Ltd to ensure formal notification of the change in schedule. The company is currently under the Corporate Insolvency Resolution Process (CIRP).