JBF Industries (514034) Q3 24/25 earnings summary

Executive summary

• Unaudited standalone financial results for the quarter ended 31st December 2024 were approved by the Resolution Professional, with the company under Corporate Insolvency Resolution Process (CIRP) since 25th January 2024.

• Manufacturing operations have been discontinued at all locations, and the company’s going concern status is critically impacted.

Financial highlights

• Revenue from operations for the quarter was ₹194 lakhs, with total income at ₹195 lakhs.

• Net loss for the quarter was ₹114 lakhs, compared to a net loss of ₹76 lakhs in the previous quarter and ₹5,989 lakhs in the same quarter last year.

• EPS for the quarter was (₹0.14), compared to (₹0.09) in the previous quarter and (₹7.31) in the same quarter last year.

• Finance costs were reported as nil due to non-provision of interest on borrowings post-CIRP admission.

Outlook and guidance

• The company’s ability to sustain operations and meet financial commitments is severely compromised, with significant doubts about its future as a going concern.