JAINREC2025-10-012025-12-31JAINREC2025-12-31JAINREC2025-04-012025-12-31JAINREC2025-10-012025-12-31in-capmkt:OtherExpenses1MemberJAINREC2025-04-012025-12-31in-capmkt:OtherExpenses1MemberJAINREC2025-10-012025-12-31ItemsThatWillBeReclassifiedToProfitAndLoss1JAINREC2025-10-012025-12-31ItemsThatWillBeReclassifiedToProfitAndLoss2JAINREC2025-04-012025-12-31ItemsThatWillBeReclassifiedToProfitAndLoss1JAINREC2025-04-012025-12-31ItemsThatWillBeReclassifiedToProfitAndLoss25445372025-12-31Statement15445372025-10-012025-12-31Statement1JAINREC2025-12-31StatementDynamic1I1Statement1JAINREC2025-12-31StatementDynamic1I2Statement1iso4217:INRxbrli:pureiso4217:INRxbrli:shares544537JAINRECNOTLISTEDINE0YD401026JAIN RESOURCE RECYCLING LIMITEDMain BoardEquity2025-04-012026-03-312026-02-092026-02-04INRMillionsQuarterlyThird quarterSingle segmentSingle segment2026-02-0911:00:002026-02-0914:50:00Not applicabletrue1falseThere was no default in repayment loans or debt securities during the quarter ended December 31, 20252025-10-012025-12-31UnauditedStandalone2676213000086010000268481400002554233000034970000-148731000011743000024395000030890000656990000251392500001708890000017088900002119500002279600004399100000126898000000001268980000-3660000126532000069017000023.683.68003.683.68Notes: <BR> 1) The above unaudited standalone 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 standalone 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 standalone 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 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: (Million) <BR> Object of Issue Amount as per the prospectus Revised amount (refer note (ii) below) Utilized as at December 31, 2025 Unutilized 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> 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 figures for the year ended March 31, 2025, have been extracted from the general purpose standalone financial statements of the Company for the year ended March 31, 2025 , which were audited by the Statutory auditors of the Company. <BR> <BR> 6) 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> 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) Segment information has been provided in the unaudited consolidated financial results for the quarter and nine months ended December 31, 2025 as per para 4 of Indian Accounting Standard (Ind AS) 108 “Operating Segments”, specified under Section 133 of the Companies Act, 2013. <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.2.91 Million in the provision for defined benefit obligation, which has been recognised as an employee benefit expense in the current reporting period. The Company 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> <BR> 10) Figures of previous periods/ year have been regrouped, wherever necessary. <BR> 11)The above unaudited standalone 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). <BR> 2025-04-012025-12-31UnauditedStandalone620081100002466200006225473000061126920000667530000-6200140000282930000663180000808300001791230000584124800003842250000038422500007479700002474100009953800000284687000000002846870000-2300000284457000069017000028.618.61008.618.61Other Expenses656990000Other Expenses1791230000Remeasurement of defined benefit plan-4160000Income tax relating to above500000-3660000Remeasurement of defined benefit plan-3070000Income tax relating to above770000-230000000-3660000-2300000Public Issues2025-09-265000000002025-12-31trueCRISIL RATINGS LIMITEDtruefalse1.The payment of Rs. 540.00 million towards part repayment of unsecured loan from the Promoter occurred due to an inadvertent error in routing of funds from the designated IPO account under the GCP head. 2.The utilisation was not undertaken with any intent to deviate from the stated objects of the Issue or to confer any undue benefit on the Promoter. 3.Upon identification of the matter, the Company has initiated corrective action and amount paid to Mr. Kamlesh Jain has been returned by him to the Company again as loan, thereby restoring the amount to the Company for business use.NilNilHemant Shantilal JainChief Financial OfficerCHENNAI2026-02-14Pre-payment or scheduled re-payment of a portion of certain outstanding borrowings availed by our CompanyNot Applicable3750000000037500000000General corporate purposesNot Applicable591080000986430000986430000540000000