Jain Resource Recycling Board Approves FY26 Results, Appoints New Auditors, and Greenlights Plant Expansion
Jain Resource Recycling Limited announced audited FY26 results with total income ₹92.68 crore and profit ₹34.67 crore. The board approved the appointment of new joint internal auditors and a cost auditor for FY27. Mr. Bibhu Kalyan Rauta resigned as Company Secretary. A new plastic recycling plant with ₹15 crore capex is planned.
The appointment of new auditors and the resignation of the Company Secretary are significant corporate actions. The approval of audited financial results and the planned capex for a new recycling plant indicate future growth and operational changes, which can have a medium-term impact on the company's performance and strategy.
The announcement contains routine financial results, auditor appointments, and a resignation, along with a planned capex for a new plant. While the financial results are presented, there are no significant positive or negative surprises. The capex is a forward-looking statement that is positive but not immediately impactful.
Jain Resource Recycling Limited announced the outcome of its Board Meeting held on May 18, 2026. The Board approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The company also appointed M/s.SKK & Co. and M/s. RKVT and Co. as Joint Internal Auditors for the financial year 2026-27, and Mr. B. Venkateswar as the Cost Auditor for the same period.
Additionally, the Board took on record the resignation of Mr. Bibhu Kalyan Rauta, Company Secretary, Compliance Officer, and Key Managerial Personnel, effective June 20, 2026, due to personal commitments. The company also approved the establishment of a new plant for Plastic Recycling Facility with an estimated capital expenditure of ₹15 crores, expected to be operational by Q3 FY27.
The financial results for the year ended March 31, 2026, showed a total income of ₹92.68 crores and a profit after tax of ₹34.67 crores. The company's balance sheet as of March 31, 2026, indicates total assets of ₹33,254.87 lakhs and total equity and liabilities of ₹33,254.87 lakhs.
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Jain Resource Recycling Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Jain Resource Recycling Limited. Read the original for the full detail.