5445372026-04-012026-06-305445372026-06-305445372026-04-012026-06-30in-capmkt:OtherExpenses1Member5445372026-04-012026-06-30in-capmkt:ReportableSegments1Member5445372026-04-012026-06-30in-capmkt:ReportableSegments2Member5445372026-04-012026-06-30in-capmkt:ReportableSegments3Member5445372026-04-012026-06-30in-capmkt:ReportableSegments4Member5445372026-04-012026-06-30in-capmkt:ReportableSegments1Member5445372026-04-012026-06-30in-capmkt:ReportableSegments2Member5445372026-04-012026-06-30in-capmkt:ReportableSegments3Member5445372026-04-012026-06-30in-capmkt:ReportableSegments4Member5445372026-04-012026-06-30in-capmkt:ReportableSegments1Member5445372026-06-30in-capmkt:ReportableSegments1Member5445372026-04-012026-06-30in-capmkt:ReportableSegments2Member5445372026-06-30in-capmkt:ReportableSegments2Member5445372026-04-012026-06-30in-capmkt:ReportableSegments3Member5445372026-06-30in-capmkt:ReportableSegments3Member5445372026-04-012026-06-30in-capmkt:ReportableSegments4Member5445372026-06-30in-capmkt:ReportableSegments4Member5445372026-04-012026-06-30in-capmkt:ReportableSegments1Member5445372026-06-30in-capmkt:ReportableSegments1Member5445372026-04-012026-06-30in-capmkt:ReportableSegments2Member5445372026-06-30in-capmkt:ReportableSegments2Member5445372026-04-012026-06-30in-capmkt:ReportableSegments3Member5445372026-06-30in-capmkt:ReportableSegments3Member5445372026-04-012026-06-30in-capmkt:ReportableSegments4Member5445372026-06-30in-capmkt:ReportableSegments4Member5445372026-04-012026-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15445372026-04-012026-06-30ItemsThatWillBeReclassifiedToProfitAndLoss15445372026-04-012026-06-30AuditorDomain1iso4217:INRiso4217:INRxbrli:shares544537JAINRECNOTLISTEDINE0YD401026Jain Resource Recycling LimitedMain BoardEquity2026-04-012027-03-312026-08-032026-07-28INRMillionsQuarterlyFirst quarterMulti segment2026-08-0315:30:002026-08-0316:00:00Declaration of unmodified opinion2026-04-012026-06-30UnauditedConsolidated2724458000091300000273358800002498635000029362000026740000010635000018921000043790000495520000263822400009536400000953640000364410000-1192900002451200000708520000-18600000-1860000-12590000694070000250000694320000694630000-560000694600000-28000069017000022.022.02002.022.021. 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 August 03, 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 /> <br /> 2. 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 /> <br /> 3.The consolidated financial results of the group includes the financial results of the subsidiary companies and share of profit/(loss) from associate and joint venture as applicable for the quarters ended June 30 2026, March 31 2026, June 30 2025 & year ended March 31 2026. <br /> <br /> 4.a) 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. During the previous year ended March 31, 2026, the Company has subscribed to 26,00,000 shares of Rs. 10 each, aggregating to Rs. 26.00 million. C&Y Group Investments, Inc. have also contributed to its share of the equity share capital of the Joint Venture. <br /> b) During the quarter ended June 30, 2026, the Company granted loan amounting to Rs. 122.96 Million to its Joint Venture Company, Jain CY Circular Solutions Private Limited, in accordance with the terms approved by the Board of Directors at its meeting held on February 09, 2026. The loan carries an interest rate linked to the yield of the benchmark 10-year Government of India Security (G-Sec) and is repayable on demand. Subsequent to the quarter ended June 30, 2026, the Company has provided a corporate guarantee of Rs. 500 Million in favour of ICICI Bank Limited on behalf of its Joint Venture Company, Jain CY Circular Solutions Private Limited. The said corporate guarantee was approved by the Borrowings & Investment Committee of the Board of Directors of the company at its meeting held on July 13, 2026. <br /> <br /> 5.a) During the previous year ended March 31,2026 Jain Ikon Global Ventures FZC has discontinued its operations on refining of precious metals. <br /> b) Pursuant to the definitive agreement entered during the previous year ended March 31,2026, the Company has received the full repayment of the loan and interest from Sun Minerals Mannar Private Limited during the previous year ended March 31, 2026. The proposed sale of the Company’s 28.88% equity interest remains pending as on the date of these results. <br /> <br /> 6. On November 21, 2025, the Govemment of India notified four Labour Codes, effective immediately, replacing the existing 29 labour laws. In accordance with Ind AS 19 - Employee benefits, changes to 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 Company has concluded the salary restructuring exercise in compliance with the Labour Codes. The implementation of the Labour Code has resulted in a net increase of Rs. 7.15 million in the provision for gratuity which has been recognised as employee benefit expense in the previous year. <br /> <br /> 7. On July 14, 2026 an accident involving a furnace explosion occurred at a section of the Company's manufacturing facility at Gummudipoondi, resulting in damage to certain property, plant and equipment and inventories. The Company is in the process of assessing the extent of damage and the resultant financial impact, including the amount recoverable from insurance and does not expect the financial impact to be material. <br /> <br /> 8.The Company convened an Extraordinary General Meeting (EGM) on July 30, 2026, for obtaining shareholders’ approval for the alteration of the Memorandum of Association of the Company to include the business of telecommunication and communication cables and related infrastructure in the objects clause of the Company. As at the date of approval of these financial results, the shareholders have approved the aforesaid alteration and the requisite statutory filings have been completed. <br /> <br /> 9.The figures of the quarter ended March 31, 2026 is the balancing figure between the audited figures in respect of the financial year ended March 31, 2026 and the unaudited published year-to-date figures up to December 31, 2025 being the date of the end of third quarter of the financial year which was subjected to limited review. <br /> <br /> 10.Figures of previous periods/ year have been regrouped, wherever necessary <br /> <br /> 11. 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). other expenses495520000Aluminium & Aliminium Alloys714380000Lead & Leas Alloy Ingots7855390000Copper & Copper Ingots18373470000Others3013400002724458000027244580000Aluminium & Aliminium Alloys46660000Lead & Leas Alloy Ingots599920000Copper & Copper Ingots455440000Others-66800001095340000001095340000Aluminium & Aliminium Alloys0Lead & Leas Alloy Ingots0Copper & Copper Ingots0Others0000Aluminium & Aliminium Alloys0Lead & Leas Alloy Ingots0Copper & Copper Ingots0Others0000Segment revenue reported above represents revenue generated from external customers. 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 segmentsRemeasurement of defined benefit plan-900000-900000-220000Gain/(Loss) on translation on discontinued operations of foreign subsidiary9300009300000250000UnauditedtrueMSKC & Associates LLPtrue2026-09-30