Jai Balaji Industries Limited announced the outcome of its Board Meeting held on February 12, 2026. The Board approved the Unaudited Financial Results for the third quarter ended December 31, 2025. Key decisions included relocating the maintenance location for books of account to Kolkata, effective February 13, 2026. Additionally, the Board confirmed the termination of two significant Joint Venture Agreements, which are confirmed to have no impact on the company’s financials.
Board Meeting Highlights and Financial Reporting
The Board of Directors of Jai Balaji Industries Limited convened on Thursday, February 12, 2026, from 1:15 P.M. to 4:30 P.M. The primary outcome was the consideration and approval of the Unaudited Financial Results for the third quarter ended December 31, 2025. These results were accompanied by the Limited Review Report issued by the Statutory Auditors, M/s. Das & Prasad, Chartered Accountants.
Unaudited Financial Performance Summary (Q3 FY2025-26 vs. Previous Periods)
The financial statement summary reveals the following key figures (in ₹ Cr.):
- Total Income from Operations for Q3 FY2025-26 stood at 1,336.34, compared to 1,503.90 in Q3 FY2024-25.
- Profit/(Loss) before tax for the quarter was 14.67, a decrease from 169.62 in the corresponding period last year.
- Net Profit After Tax for the quarter ending December 31, 2025, was 11.55.
- Basic Earnings Per Share (EPS) for the current quarter was reported at 0.13 (not annualized).
Corporate and Statutory Updates
The Board also ratified significant administrative and structural decisions:
- The location for keeping and maintenance of the company’s books of account and relevant papers (other than the Registered Office) will be moved to 15C, Hemanta Basu Sarani, Kolkata-700001, effective February 13, 2026.
- The Joint Venture Agreement dated March 5, 2008, concerning Rohne Coal Company Private Limited, has been terminated immediately following the de-allocation of the Rohne Coking Coal Block. This termination is explicitly stated to have no impact on the financials.
- The Joint Venture Agreement dated January 21, 2009, related to Andal East Coal Company Private Limited, is no longer in force as the JV company is now under liquidation.
Auditor’s Conclusion
The statutory auditors provided an unmodified opinion on the standalone unaudited financial results. They noted that the company is evaluating the potential impact of newly notified Labour Codes, but these have not yet been recognized in the financial statements for the period ended December 31, 2025. Furthermore, the financial results remain standalone because the joint venture companies formed for Coal Blocks have not been consolidated, as their statements were unavailable.
Source: BSE
