Key Quantitative Figures & Financial Results

The Board approved the unaudited standalone financial results for the quarter ended 30th June, 2026.

Profit & Loss Statement (₹ in Lakhs):

  • Revenue from operations: ₹0.00
  • Other income: ₹0.00
  • Total Income: ₹0.00
  • Total Expenses: ₹22.76
  • Employee benefits expense: ₹2.00
  • Other expenses: ₹20.76
  • Profit/(Loss) before exceptional items & tax: (₹22.76)
  • Exceptional items: ₹2.00
  • Profit before tax: (₹20.76)
  • Tax expense: ₹1.27
  • Current tax: ₹1.27
  • Deferred tax: ₹0.00
  • Net Profit after tax: (₹22.03)
  • Other Comprehensive Income: ₹0.00
  • Total comprehensive income: (₹22.03)
  • Weighted Average no. of equity shares: 1.06 Lakh (Face value ₹100 each)
  • Earnings per share (Basic & Diluted): (₹20.78)

Comparative Figures (₹ in Lakhs):

  • Net Profit/(Loss) for Q4 FY26 (Mar-2026): ₹1,490.09
  • Net Profit/(Loss) for Q1 FY26 (Jun-2025): (₹8.14)
  • Net Profit/(Loss) for Full Year FY26: ₹1,474.16

Corporate Insolvency Resolution Process (CIRP) Impact

RPK Green Energy LLP, a promoter, acquired Jiya Eco-Products Limited through the Corporate Insolvency Resolution Process. The acquisition was approved by the NCLT, Ahmedabad Bench, vide an order dated 11th December, 2024. This acquisition does not extend to the company's subsidiary companies. The resolution plan was implemented from 11th December, 2024 (the closing date).

Consequential impacts of the resolution plan:

  • Board Composition: The board consists of Nilesh Tiwari (Independent Director), Mehul Ranade (Independent Director), Renuka Borole (Independent Director), Pradeep Khandagale (Promoter), and Rajashree Khandagale (Promoter).
  • Share Capital Restructuring:
  • Authorized share capital was consolidated from 32,00,000 shares of ₹10 each to 3,20,000 shares of ₹100 each.
  • Existing paid-up capital was reduced to NIL.
  • A fresh issue of 1,06,314 shares of ₹100 each was made.
  • 1,01,000 shares (95%) were issued to the Resolution Applicant (Pradeep Kisan Khandagale) against an infusion of ₹101 Lakh.
  • 5,314 shares (5%) were issued to existing shareholders.
  • The reduction in share capital amounting to ₹3,007.326 Lakh was adjusted against the debit balance in the profit and loss account (retained earnings).
  • Extinguishment of Liabilities: A difference of ₹2,539.22 Lakh between the carrying amount of extinguished financial liabilities and the consideration paid was recognized in the P&L as an "Exceptional item" in FY26.
  • Utilisation of Funds: Funds received during FY26 (₹491 Lakh) were fully utilized to settle claims of secured financial creditors, unsecured financial creditors, statutory dues, operational creditors, and CIRP costs.
  • Contingent Liabilities: As per the approved plan, all contingent liabilities, commitments, and claims pertaining to the period on or before 11-Dec-2024 stand extinguished.

Asset Impairment

In accordance with Ind AS 36, the Board decided on 29th May, 2026, to fully impair the following assets, totaling ₹754.78 Lakh:

  • Investment in Subsidiary companies: ₹283.40 Lakh
  • Land and Building: ₹331.27 Lakh
  • Capital Work in Progress: ₹140.11 Lakh

As a result of this full impairment, the company will no longer prepare consolidated financial results starting from the quarter ended 30th June, 2026.

Other Board Approvals

  • Appointment of Scrutinizer: Mr. Satish D. Kolhe, Proprietor of M/s S D Kolhe & Company (ICSI Membership No. F13606, COP No. 23879), was appointed as the Scrutinizer to supervise the e-voting process for the ensuing 15th Annual General Meeting.
  • Appointment of RTA: Big Share Services Private Limited was appointed as the Registrar and Share Transfer Agent to provide remote e-voting facilities for the AGM.

Meeting Details

The Board meeting commenced at 4:00 PM and concluded at 5:30 PM on 06th August, 2026.

Auditor's Review

The unaudited standalone financial results were subjected to a limited review by the statutory auditors, D R B S V & Associates (Firm Regn. No. 122260W). Their report, signed by CA. Shireesh N Agte (Partner), states that based on their review, nothing has come to their attention that causes them to believe the statement is not prepared properly. This is in contrast to the review for the corresponding quarter ended 30 June 2025 by the predecessor auditor, which had expressed a disclaimer of conclusion.

Additional Notes from Financial Statements

  • The company has only one reportable segment: Trading business of Plastic related items.
  • All expenses post-resolution order are expensed out.
  • A flat in Ahmedabad, classified as a non-current asset held for sale as of 31-Mar-2026, was sold on 17-Apr-2026.
  • No deferred tax asset was created due to a lack of virtual certainty for setting off business losses.