Jindal Poly Films Limited's Board of Directors approved unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, following a meeting that commenced on February 13, 2026 and concluded on February 14, 2026. The company submitted these results under Regulation 33 of SEBI Listing Regulations, demonstrating contrasting performance between standalone profitability and consolidated losses.

Board Meeting and Regulatory Compliance

The Board meeting commenced at 07:00 P.M. (IST) on February 13, 2026 and concluded at 04:00 A.M. (IST) on February 14, 2026. Company Secretary Rashmi Gupta submitted the approved financial results to both National Stock Exchange of India Limited and BSE Limited, along with Limited Review Reports from Statutory Auditors Singhi & Co.

Standalone Financial Performance

The company's standalone operations demonstrated remarkable improvement with significant turnaround in profitability metrics for Q3FY26.

For the nine-month period, standalone operations generated net profit of Rs. 15,293.77 lakhs compared to Rs. 37,930.94 lakhs in the corresponding previous period. The substantial income increase was primarily driven by other income of Rs. 35,498.09 lakhs, reflecting returns from financial investments.

Consolidated Results Show Contrasting Performance

The consolidated financial results presented a different scenario, with the company reporting significant losses across key operational metrics.

Fire Incident Impact and Assessment

A major fire incident at the company's manufacturing plant in Nashik, Maharashtra on May 21, 2025, significantly affected performance. The fire caused substantial damage to property, plant and equipment, buildings, and inventory including raw materials, stores and spares, and finished goods.

During Q3FY26, the company deposited Rs. 8,224 lakhs with the GST department on a provisional basis and under protest, related to destroyed assets. Management continues assessing total losses from the incident, with necessary adjustments to be recognized upon completion of assessment.

Discontinued Operations and Demerger Scheme

The Board approved a Scheme of Demerger on August 14, 2025, for transferring the nonwoven business to Global Nonwovens Limited as a going concern with appointed date of April 1, 2025. This scheme remains pending approval from NCLT and other authorities.

Labour Code Impact

With effect from November 21, 2025, the Government of India brought four Labour Codes into force. The company recognized Rs. 4.06 lakhs under exceptional items for continuing operations and Rs. 44.42 lakhs for discontinued operations as impact of New Labour Codes towards additional liability as past service cost. The consolidated results show Rs. 241.78 lakhs recognized under exceptional items for the same impact.

Jindal Poly Films Limited has announced a key leadership appointment, with its Board of Directors approving the appointment of Ms. Rashmi Gupta as Company Secretary and Compliance Officer. The decision was made during a board meeting held on February 07, 2026, where she was also designated as Key Managerial Personnel in compliance with applicable laws.

Appointment Details

The appointment follows regulatory requirements under Regulation 30, Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Professional Background

Ms. Rashmi Gupta brings substantial expertise to her new role at Jindal Poly Films Limited. She is a qualified Company Secretary holding ICSI Membership No. F8616 and is also a Law graduate. Her professional credentials are complemented by more than 15 years of experience in handling secretarial compliances across various organizations.

Career Experience

Ms. Gupta's extensive career includes positions with several prominent companies:

• HCL Technologies Limited
• Chambal Fertilisers and Chemicals Limited
• Inox Group
• ReNew Group
• Other notable organizations

Regulatory Compliance

The appointment aligns with the company's commitment to maintaining robust corporate governance standards. As Company Secretary and Compliance Officer, Ms. Gupta will be responsible for ensuring adherence to regulatory requirements and maintaining effective communication with stakeholders.

The company has informed both the National Stock Exchange of India Limited and BSE Limited about this appointment as part of its disclosure obligations under applicable regulations.