JAINREC2025-10-012025-12-31JAINREC2025-12-31JAINREC2025-04-012025-12-31JAINREC2025-10-012025-12-31in-capmkt:OtherExpenses1MemberJAINREC2025-04-012025-12-31in-capmkt:OtherExpenses1MemberJAINREC2025-10-012025-12-31in-capmkt:ReportableSegments1MemberJAINREC2025-10-012025-12-31in-capmkt:ReportableSegments2MemberJAINREC2025-10-012025-12-31in-capmkt:ReportableSegments3MemberJAINREC2025-10-012025-12-31in-capmkt:ReportableSegments4MemberJAINREC2025-04-012025-12-31in-capmkt:ReportableSegments1MemberJAINREC2025-04-012025-12-31in-capmkt:ReportableSegments2MemberJAINREC2025-04-012025-12-31in-capmkt:ReportableSegments3MemberJAINREC2025-04-012025-12-31in-capmkt:ReportableSegments4MemberJAINREC2025-10-012025-12-31in-capmkt:ReportableSegments1MemberJAINREC2025-10-012025-12-31in-capmkt:ReportableSegments2MemberJAINREC2025-10-012025-12-31in-capmkt:ReportableSegments3MemberJAINREC2025-10-012025-12-31in-capmkt:ReportableSegments4MemberJAINREC2025-04-012025-12-31in-capmkt:ReportableSegments1MemberJAINREC2025-04-012025-12-31in-capmkt:ReportableSegments2MemberJAINREC2025-04-012025-12-31in-capmkt:ReportableSegments3MemberJAINREC2025-04-012025-12-31in-capmkt:ReportableSegments4MemberJAINREC2025-10-012025-12-31in-capmkt:ReportableSegments1MemberJAINREC2025-12-31in-capmkt:ReportableSegments1MemberJAINREC2025-10-012025-12-31in-capmkt:ReportableSegments2MemberJAINREC2025-12-31in-capmkt:ReportableSegments2MemberJAINREC2025-10-012025-12-31in-capmkt:ReportableSegments3MemberJAINREC2025-12-31in-capmkt:ReportableSegments3MemberJAINREC2025-10-012025-12-31in-capmkt:ReportableSegments4MemberJAINREC2025-12-31in-capmkt:ReportableSegments4MemberJAINREC2025-10-012025-12-31in-capmkt:ReportableSegments1MemberJAINREC2025-12-31in-capmkt:ReportableSegments1MemberJAINREC2025-10-012025-12-31in-capmkt:ReportableSegments2MemberJAINREC2025-12-31in-capmkt:ReportableSegments2MemberJAINREC2025-10-012025-12-31in-capmkt:ReportableSegments3MemberJAINREC2025-12-31in-capmkt:ReportableSegments3MemberJAINREC2025-10-012025-12-31in-capmkt:ReportableSegments4MemberJAINREC2025-12-31in-capmkt:ReportableSegments4MemberJAINREC2025-10-012025-12-31ItemsThatWillNotBeReclassifiedToProfitAndLoss1JAINREC2025-10-012025-12-31ItemsThatWillNotBeReclassifiedToProfitAndLoss2JAINREC2025-04-012025-12-31ItemsThatWillNotBeReclassifiedToProfitAndLoss1JAINREC2025-04-012025-12-31ItemsThatWillNotBeReclassifiedToProfitAndLoss2JAINREC2025-10-012025-12-31ItemsThatWillBeReclassifiedToProfitAndLoss1JAINREC2025-04-012025-12-31ItemsThatWillBeReclassifiedToProfitAndLoss1iso4217:INRiso4217:INRxbrli:shares544537JAINRECNOTLISTEDINE0YD401026JAIN RESOURCE RECYCLING LIMITEDMain BoardEquity2025-04-012026-03-312026-02-092026-02-04INRMillionsQuarterlyThird quarterMulti segment2026-02-0911:00:002026-02-0914:50:00Not applicable2025-10-012025-12-31UnauditedConsolidated2775174000054190000278059300002643036000034970000-153603000012636000025783000038100000707350000260589400001746990000-3040000174395000021820000023113000044933000001294620000-321200000-3212000001262500000-711000012553900001276090000-135900001269960000-1457000069017000023.753.75-0.09-0.093.663.66Notes <BR> 1) The above unaudited consolidated financial results were reviewed and recommended by the Audit Committee and approved by the Board of Directors at their respective meetings held on February 09, 2026 and has been subjected to review by the Statutory Auditors of the Company. These unaudited consolidated financial results have been prepared in accordance with the recognition and measurement principles provided in Indian Accounting Standard (Ind AS) 34 on 'Interim Financial Reporting', the provisions of the Companies Act, 2013 (the Act), as applicable and guidelines issued by the Securities and Exchange Board of India (SEBI) under SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 as amended. <BR> 2) The unaudited consolidated financial results for the corresponding quarter and nine months ended December 31, 2024 have neither been reviewed nor audited by the statutory auditors of the Company or other auditors. However, the management has exercised necessary care and diligence to ensure the consolidated financial results for such period is fairly stated. <BR> 3) During the quarter ended December 31, 2025, the Company completed its Initial Public Offering (“IPO”) comprising 53,879,309 equity shares of face value Rs. 2 each at an issue price of Rs. 232 per equity share. The IPO included a fresh issue of 21,551,724 equity shares by the Company and an offer for sale of 32,327,585 equity shares by the selling shareholders. Pursuant to the IPO, the equity shares of the Company were listed on the National Stock Exchange of India Limited (NSE) and BSE Limited on October 1, 2025 <BR> 4) The schedule below provides details of the utilisation of net proceeds from the IPO: <BR> <BR> (Rs. Million) <BR> Object of issue <BR> Amount as per the prospectus <BR> Revised amount (refer note (ii) below) <BR> <BR> Utilised as at December 31, 2025 <BR> Unutilised as at December 31, 2025 <BR> <BR> a) Pre- payment or scheduled re-payment of a portion of certain outstanding borrowings availed by our Company 3,750.00 3,750.00 3,750.00 <BR> b) General corporate purposes* 591.08 986.43 986.43 <BR> <BR> Total*4,341.08 4,736.43 4,736.43 <BR> *The amount to be utilized for general corporate purpose shall not exceed 25% of the gross proceeds, in accordance with SEBI ICDR Regulations. <BR> (i) Amount utilized as at December 31, 2025, includes Rs.540 million used towards repayment of loans taken by the Company from the promoter pursuant to approval from Board of Directors in their meeting held on September 26, 2025. <BR> (ii) The revised amount is on account of lesser actual issue expenses as compared to estimated issue expenses included in prospectus which includes issue expenses pertaining to selling shareholders. <BR> 5) The unaudited consolidated financial results of the group includes the financial results of the subsidiary Companies and share of profit/(loss) from associate & joint venture as applicable for the quarter ended December 31,2025, September 30,2025, December 31, 2024, Nine months ended December 31,2025, December 31,2024 and Year ended March 31,2025. <BR> 6) The figures for the year ended March 31, 2025 , have been extracted from the general purpose consolidated financial statements of the Group for the year ended March 31, 2025 , which were audited by the Statutory auditors of the Company. <BR> <BR> 7) Pursuant to the approval of the Board of Directors in their meeting held on October 8, 2025 and the Joint Venture Agreement signed on October 22, 2025 between the Company and C&Y Group Investments, Inc.,  “Jain CY Circular Solutions Private Limited”, a Joint Venture, was incorporated on December 08, 2025.  As at December 31, 2025, the Company has subscribed to 5200 shares of Rs 10 each, aggregating to Rs 0.05 Million. Subsequent to the quarter ended December 31, 2025, the Company has additionally subscribed Rs.25.95 Million and C&Y Group Investments, Inc. have also contributed to its share of the equity share capital of the Joint Venture. <BR> 8) a) During the nine months ended December 31,2025 Jain Ikon Global Ventures FZC has discontinued its operations on refining of precious metals. <BR> b) Pursuant to the definitive agreement entered during the nine months ended December 31,2025, the Company has received the full repayment of the loan and interest from Sun Minerals Mannar Private Limited during the quarter ended December 31, 2025. The proposed sale of the Company’s 28.88% equity interest remains pending as at the board meeting date. <BR> 9) On November 21, 2025, the Government of India notified four Labour Codes, effective immediately, replacing the existing 29 labour laws. In accordance with Ind AS 19 - Employee benefits, changes to employee benefit plans arising from legislative amendments are treated as plan amendments, requiring immediate recognition of past service cost in the Statement of Profit and Loss. This approach is consistent with the guidance issued by the Institute of Chartered Accountants of India. The implementation of the Labour Codes has resulted in an increase of Rs.3.04 Million in the provision for defined benefit obligation, which has been recognised as an employee benefit expense in the current reporting period. The Group continues to monitor the finalisation of Central and State Rules, as well as Government clarifications on other aspects of the Labour Codes, and will incorporate appropriate accounting treatment based on these developments as required. <BR> 10) The unaudited Consolidated Financial results of the Company comprising of the Company and its subsidiaries (together the "Group") and its associate & joint venture includes the results of the following entities: <BR> Company <BR> Relationship <BR> Country of Incorporation <BR> % Holding as at December 31, 2025 <BR> % Holding as at September 30, 2025 <BR> % Holding as at March 31, 2025 <BR> <BR> a)Jain Resource Recycling Limited (Formerly known as Jain Resource Recycling Private Limited) <BR> <BR> Holding Company India NA NA NA <BR> <BR> b)Subsidiaries in the Group: <BR> (i)Jain Green Technologies Private Limited <BR> Subsidiary India 99.99% 99.99% 99.99% <BR> <BR> (ii)Jain Ikon Global Ventures FZC (Classified as held for sale) <BR> Subsidiary UAE 70.00% 70.00% <BR> 70.00% <BR> <BR> (iii)Jain Investment Private Limited (Classified as held for sale) <BR> Subsidiary Sri Lanka 100.00 100.00% 100.00% <BR> <BR> c)Associates in the Group: <BR> (i)Sun Minerals Mannar Private Limited (Refer note 8(b)) <BR> Associate Sri Lanka 28.88% <BR> 28.88% 28.88% <BR> <BR> d)Joint venture in the Group: (i)Jain CY Circular Solutions Private Limited (Refer note 7) <BR> Joint venture India 94.55% 0.00% <BR> 0.00% <BR> <BR> 11) Figures of previous periods/ year have been regrouped, wherever necessary. <BR> 12) The above unaudited consolidated financial results are available on the Company's website viz. www.jainmetalgroup.com and on the websites of BSE (www.bseindia.com) and NSE (www.nseindia.com).2025-04-012025-12-31UnauditedConsolidated643813000001869300006456823000063291020000667530000-63051200003027400006949200001013100001935340000606877400003880490000-69700003873520000759130000252640000101177000002861750000-480900000-4809000002813660000-472000028089400002841710000-280500002837670000-2873000069017000028.658.65-0.15-0.158.58.5Other Expenses707350000Other Expenses1935340000Aluminium & Aluminium Alloys1080720000Lead & Lead Alloy Ingots10324770000Copper & Copper Ingots16192000000Others154250000Aluminium & Aluminium Alloys2625740000Lead & Lead Alloy Ingots27725400000Copper & Copper Ingots33170010000Others8601500002775174000064381300000002775174000064381300000Aluminium & Aluminium Alloys91030000Lead & Lead Alloy Ingots1088860000Copper & Copper Ingots795950000Others12890000Aluminium & Aluminium Alloys150170000Lead & Lead Alloy Ingots2622040000Copper & Copper Ingots1712650000Others49300001988730000448979000025783000069492000019070000-3056000017118300003825430000Aluminium & Aluminium Alloys0Lead & Lead Alloy Ingots0Copper & Copper Ingots0Others0000Aluminium & Aluminium Alloys0Lead & Lead Alloy Ingots0Copper & Copper Ingots0Others0000*Segment revenue reported above represents revenue generated from external customers <BR> The Segment Assets and Liabilities are reviewed by the CODM at a Consolidated Level and not at the Segmental Level as assets and liabilities are not allocated across business segments. <BR> Remeasurement of defined benefit plan-4380000Income tax relating to above540000-3840000Remeasurement of defined benefit plan-3290000Income tax relating to above810000-248000000Gain/(Loss) on translation on discontinued operations of foreign subsidiary-3270000-3270000Gain/(Loss) on translation on discontinued operations of foreign subsidiary-2240000-224000000-7110000-4720000