5002272026-01-012026-03-315002272026-03-315002272025-03-315002272025-04-012026-03-315002272026-01-012026-03-31in-capmkt:OtherExpenses1Member5002272026-01-012026-03-31in-capmkt:OtherExpenses2Member5002272025-04-012026-03-31in-capmkt:OtherExpenses1Member5002272025-04-012026-03-31in-capmkt:OtherExpenses2Member5002272026-03-31OtherNoncurrentFinancialAssetsDomain15002272026-03-31OtherNoncurrentAssetsDomain15002272026-03-31OtherNoncurrentAssetsDomain25002272026-03-31OtherCurrentFinancialAssetsDomain15002272026-03-31OtherCurrentAssetsDomain15002272026-03-31OtherNoncurrentFinancialLiabilitiesDomain15002272026-03-31OtherNoncurrentLiabilitiesDomain15002272026-03-31OtherNoncurrentLiabilitiesDomain25002272026-03-31OtherCurrentFinancialLiabilitiesDomain15002272026-03-31OtherCurrentFinancialLiabilitiesDomain25002272026-03-31OtherCurrentLiabilitiesDomain15002272026-01-012026-03-31in-capmkt:ReportableSegments1Member5002272026-01-012026-03-31in-capmkt:ReportableSegments2Member5002272026-01-012026-03-31in-capmkt:ReportableSegments3Member5002272026-01-012026-03-31in-capmkt:ReportableSegments4Member5002272025-04-012026-03-31in-capmkt:ReportableSegments1Member5002272025-04-012026-03-31in-capmkt:ReportableSegments2Member5002272025-04-012026-03-31in-capmkt:ReportableSegments3Member5002272025-04-012026-03-31in-capmkt:ReportableSegments4Member5002272026-01-012026-03-31in-capmkt:ReportableSegments1Member5002272026-01-012026-03-31in-capmkt:ReportableSegments2Member5002272026-01-012026-03-31in-capmkt:ReportableSegments3Member5002272026-01-012026-03-31in-capmkt:ReportableSegments4Member5002272025-04-012026-03-31in-capmkt:ReportableSegments1Member5002272025-04-012026-03-31in-capmkt:ReportableSegments2Member5002272025-04-012026-03-31in-capmkt:ReportableSegments3Member5002272025-04-012026-03-31in-capmkt:ReportableSegments4Member5002272026-01-012026-03-31in-capmkt:ReportableSegments1Member5002272026-03-31in-capmkt:ReportableSegments1Member5002272026-01-012026-03-31in-capmkt:ReportableSegments2Member5002272026-03-31in-capmkt:ReportableSegments2Member5002272026-01-012026-03-31in-capmkt:ReportableSegments3Member5002272026-03-31in-capmkt:ReportableSegments3Member5002272026-01-012026-03-31in-capmkt:ReportableSegments4Member5002272026-03-31in-capmkt:ReportableSegments4Member5002272026-01-012026-03-31in-capmkt:ReportableSegments1Member5002272026-03-31in-capmkt:ReportableSegments1Member5002272026-01-012026-03-31in-capmkt:ReportableSegments2Member5002272026-03-31in-capmkt:ReportableSegments2Member5002272026-01-012026-03-31in-capmkt:ReportableSegments3Member5002272026-03-31in-capmkt:ReportableSegments3Member5002272026-01-012026-03-31in-capmkt:ReportableSegments4Member5002272026-03-31in-capmkt:ReportableSegments4Member5002272026-01-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15002272025-04-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15002272026-01-012026-03-31ItemsThatWillBeReclassifiedToProfitAndLoss15002272025-04-012026-03-31ItemsThatWillBeReclassifiedToProfitAndLoss15002272026-01-012026-03-31AuditorDomain15002272026-01-012026-03-31in-capmkt:AuditedMember5002272026-03-31in-capmkt:AuditedMember5002272026-01-012026-03-31in-capmkt:AdjustedMember5002272026-03-31in-capmkt:AdjustedMember5002272026-01-012026-03-31AuditQualification1iso4217:INRiso4217:INRxbrli:shares500227JINDALPOLYNAINE197D01010JINDAL POLY FILMS LIMITEDMain BoardEquity2025-04-012026-03-312026-08-132026-08-10INRLakhsQuarterlyFourth quarterMulti segment2026-08-1320:00:002026-08-1323:30:00trueCash Flow IndirectStatement on impact of audit qualification2026-01-012026-03-31AuditedConsolidated6746295000304290800097892030004599993000-70629000-39402000054094400037553000016456000764255400012710828000-2921625000-10642443000-13564068000-331261000-3348591000-36798520000-98842160003394000033940000-988082200084587000-9796235000-9877533000-3290000-9792946000-324100043786400010-225.74-225.740.080.08-225.66-225.661 These consolidated financial results have been prepared in accordance with the Indian Accounting Standards (IND AS) as notified by Ministry of Corporate Affairs pursuant to Section 133 of the Companies Act 2013 read with the Companies (Indian Accounting Standard) Rules, 2015, as amended and in terms of regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and other accounting principles generally accepted in India. <br /> 2 The figures for three months ended 31st March 2026 and 31st March 2025 are the balancing figure between audited figures in respect of the full financial year and unaudited published figures up to nine months of relevant financial year. <br /> 3 Details of exceptional item as follows: <br /> Particulars Quarter ended Year Ended <br /> " 31st March 2026 <br /> " 31st Dec 2025 31st March 2025 31st March 2026 31st Mar 2025 <br /> Impact of labour laws a - 286.20 - 286.20 - <br /> Loss due to fire b 1,06,424.43 - 1,06,424.43 - <br /> Inventory devaluation c - 8,177.08 8,177.08 <br /> Recovery of Loan including interest from related party d - - - - (13,650.88) <br /> 1,06,424.43 286.20 8,177.08 1,06,710.63 (5,473.80) <br /> <br /> "(a) : With effect from November 21, 2025, the Government of India has brought the four Labour Codes into force. The Group has evaluated impact of the Labour Codes on its employee benefit obligations, and an additional liability of has been accounted for in the previous quarter results. However, additional liability of Rs 286.19 lakhs has been disclosed as an exceptional item in the previous quarter ended December 31, 2025 and year ended March 31, 2026 in line with the principles outlined by the Institute of Chartered Accountants of India. <br /> " <br /> (b) On 21st May-2025 a significant fire incident has been occurred in the factory of a subsidiary company located at Nashik, Maharashtra, resulting in damage of property, plant & equipment, capital work in progreess and inventories. The Company has engaged internal and external experts to assess loss due to fire and has accordingly wrriten off property plant and equipment Rs. 91,087.59 lakhs (WDV), capital work in progress of Rs. 7,184.30 lakhs, inventories of Rs. 49,628.39 lakhs and Goods and Service Tax of Rs. 8,224.43 lakhs thereon and has written back packaging incentive scheme Rs. 49,700.28 lakhs attributable to above property, plant and equipment. The net effect of these write off and write back has been disclosed under exceptional items. Insurance claim shall be accounted for as and when claim amount accepted by the insurance company. Also, effect of the above adjustments due to fire has been considered while assesing deferred tax as at March 31, 2026. <br /> (c) During the previous year, the Subsidiary Company carried out a physical verification of inventories. As part of this exercise, certain items including stores, finished goods and work-in-progress were identified as being of inferior quality or obsolete. Based on internal assessment and in comply with the provision of Ind AS – 2 "Inventories", the Company had provided for devaluation of Rs. 8,177.08 lakhs on this account as of March 31, 2025 and the same had been disclosed as an exceptional items in the financial statements. <br /> (d) :During the earlier years, the holding Company has given Rs. 9,148.95 lakhs to Jindal India Power Limited (formerly known as Jindal India Thermal Power Limited) for advance against power purchase which was written off in earlier year and disclosed as exceptional item.however, the holding Company has recovered Rs. 13,650.88 lakhs (including Rs. 4,501.93 lakhs interest thereon) against these amounts in previous year. <br /> 4 During the year a significant fire incident had occurred at one of the subsidiary’s manufacturing facility located at Nashik, Maharashtra on 21st May 2025. Post fire during the year, the management along with surveyor has done physical verification of inventory and consequently management has determined inventory damaged due to fire and accordingly have written off such inventory in the books of accounts as mentioned in Note no 3(b) above. However, on reporting date some areas of the said factory premises were affected and rebuilding work was in progress leading to storage space constraint and hence some of the inventories of usable waste which was not affected by fire was stored in a mixed condition for which physical verification could not be completed in its entirety as at the reporting date. Subsequently, an independent third-party firm of Chartered Accountants was engaged to undertake physical verification of substantial quantum of inventories. However in respect of above-mentioned cases, quantities were determined using estimation techniques by the said third party. Based on the above, the management has determined the carrying amount of inventories of above-mentioned subsidiary of Rs. 25,880.96 lakhs and recognised it in their books of accounts for the year ended March 31, 2026. <br /> 5 As the management was in the process of assessment of losses caused due to fire, a subsidiary was continuing with accounting of depreciation on property plant and equipment damaged in fire as referred in note 3(b) and amortisation of government grant thereon recognised in other income till period ended December, 2025, but now on completion of assessment depreciation of Rs. 4,341.50 lakhs and government grant amortisation of Rs. 1,666.63 lakhs has been reversed in current quarter ended March 31, 2026. <br /> 6 The Board of Directors of the Company, at its meeting held on April 10, 2026, has considered and approved the withdrawal of the application filed under regulation 37 of SEBI(Listing obligation and disclosure requirements) Regulations, 2015 to obtain NOC from the stock exchange in respect of the proposed Scheme of Arrangement of the Company and Global Non Woven Limited ("the Scheme). The withdrawal was made in view of procedural delays, geopolitical uncertainties, evolving business and market conditions, and the significant time, cost, and regulatory processes involved in implementing the Scheme. The withdrawal has no impact on the financial position or financial performance of the Company. Consequent to the withdrawal of the proposed Scheme, the impact of the proposed demerger that was reflected in the financial results for the quarter ended December 31, 2025 as discontinued operations has been reversed in the financial results for the quarter ended March 31, 2026. <br /> 7 During the quarter ending June 30,2025, the holding Company acquired a 48.84% equity stake in Enerlite Solar Films India Limited, pursuant to which Enerlite Solar Films India Limited became a subsidiary of the Company. Prior to this acquisition, and until April 30, 2025, Enerlite Solar Films India Limited was an associate of the Company. <br /> 8 Current tax relating to earlier years includes claim filed for capital subsidy and MAT Credit entitlement in the income tax return of the earlier years and allowed by tax authorities of Rs. 2,362.75 lakhs during the year. <br /> 9 During the previous year,in a subsidiary company, the Compulsory Convertible Preference Shares (CCPS) issued to non-controlling interest holder had been classified as financial liability and equity as required under Ind AS 32. The company had obtained fair valuation for these preference shares was made in the year ended March 2025 accordingly fair valuation loss of Rs.18,589.74 lakhs had been recognised as finance cost in the relevant previous year. <br /> 10 During previous year, In a subsidiary company, deferred tax for the period includes reversal of deferred tax assets of Rs. 1,318.65 lakhs on the difference between book value and tax base value of freehold lands due to reduction in long-term capital gain tax rate from 20%(with indexation benefit) to 12.50% in the Finance Bill 2024. <br /> 11 The above consolidated results were reviewed by the Audit Committee and taken on record at the meeting of the Board of Directors at their respective meetings held on August 13, 2026 and review of these results has been carried out by the Statutory Auditors of the Company, as required under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. <br /> 12 The results of the Company are available for investors at www.jindalpoly.com, www.nseindia.com and www.bseindia.com. <br /> <br /> 2025-04-012026-03-31AuditedConsolidated2899420500060315810003502578600019506624000807980001377730002549478000188709500017613340001257058300038493685000-3467899000-10671063000-14138962000217368000-3639445000-34220770000-10716885000979480000979480000-10618937000429815000-10189122000-10600801000-18135000-10170985000-180860004378640001030069597000-244.75-244.752.242.24-242.51-242.51power and fuel710552000others6932002000power and fuel2818224000others975235900021950455000316759600020698520000314473000332829500007618180004090113000483531900090091300037328721000624921100026439430000232572300045792200079112400001155780000041571999000380773000172539900049927382000872561030004378640003006958400030507448000-761990003043124900032011714000106250003202233900012466400026962000892689500041100860000801392300018472500032843120003469037000192918500013412145000222002400091825000157239940005682485400087256103000other financial assets761818000Other non-current assets681124000Right to use of assets219789000other financial assets11557800000Other current assets1725399000other financial liabilities10625000lease liabilities11620000Other non-current liabilities8915275000other financial liabilities1928992000Lease liabilities193000Other current liabilities2220024000Packaging Films4264544000Nonwovens Fabrics1681466000others797984000Exceptional Items0Packaging Films19069084000Nonwovens Fabrics6972869000others3254779000Exceptional Items0674399400029296732000-2301000302527000674629500028994205000Packaging Films210543000Nonwovens Fabrics91199000others109190000Exceptional Items-10642443000Packaging Films-1189398000Nonwovens Fabrics172227000others338501000Exceptional Items-10671063000-10231511000-1134973300037553000018870950002953634000804184000-13560675000-14041012000Packaging Films32285132000Nonwovens Fabrics14060846000others2668819000Exceptional Items0490147970003824130500087256102000Packaging Films11184007000Nonwovens Fabrics4429185000others382195000Exceptional Items0159953870004082946600056824853000188709600054212500017475360000000-37370000-1884640000-7658650000017613340002813200071762000000028246400040746400001440515000000-40678500003727545000-104114170000004559630009888733000-97864700000335328560001263221400000006986000329395400001117925900000000000791800000000000281889000384310000057937800084717920000000000014389290001027148700081913000258340000107181900002974000000-727063000022251500002225150000222515000Remeasurement of post employment benefit obligations62820006282000Remeasurement of post employment benefit obligations3674000036740000362400011273000Exchange differences on translating the results and net assets of foreign operations7928500079285000Exchange differences on translating the results and net assets of foreign operations404348000404348000-2644000084587000429815000AuditedQualified opinionM/s Singhi & Co.true2028-08-3135025800000350258000003849370000038493700000-10618900000-10618900000-242.52-242.52872561000008725610000056824900000568249000003043120000030431200000“The Group’s inventories as at March 31, 2026 include <br /> inventories amounting to Rs. 25,880.96 lakhs lying in a <br /> subsidiary's factory at Nashik, Maharashtra. Consequent to <br /> the fire at the said premises on May 21, 2025 (Refer Note 4 to <br /> the consolidated financial results), during the year <br /> management along with surveyor has done physical <br /> verification of inventory and consequently management has <br /> determined inventory damaged due to fire and accordingly <br /> have written off such inventory in the books of accounts. <br /> However, due to the fire some areas of the factory premises <br /> were affected and rebuilding work was in progress leading to <br /> storage space constraint and hence some of the inventories of <br /> usable waste which was not affected by fire was stored in a <br /> mixed condition. Owing to the above circumstances, at the <br /> year-end we could not perform and observe physical <br /> verification of the inventories. Subsequent to year end, a third <br /> party engaged by management has performed physical <br /> verification of inventory but not for all items and in some <br /> cases quantities were arrived through a method of estimation. <br /> We have performed alternative procedures, including <br /> verification of the subsequent movement of inventories, <br /> examination of quantitative records and other related <br /> Qualified opinionWhether appeared first timeThe impact, if any, can be determined once physical <br /> verification of inventory is performed.Refer e-(ii) below.Refer Note 4 of the consolidated financial results for details.Refer Basis for Qualified Opinion paragraph in the auditor’s <br /> report.Vijender Kumar SinghalVijender Kumar SinghalSonal AgarwalVineet MahipalNew Delhi2026-08-13