Negative other income deepens Jindal Poly's Q4 pre-tax loss
Expenses exceeded revenue, pushing operating margin to -82.60%; a negative tax charge reduced the net loss to Rs 988.08 cr.
Filed 14 Aug 2026, 00:49 IST · JINDALPOLY (JINDALPOLY)
Key takeaways
- Consolidated operating profit was a loss of Rs 557.25 cr, leaving operating margin at -82.60%.
- Negative other income of Rs 759.95 cr deepened the pre-tax loss to Rs 1,356.41 cr.
- A negative tax charge of Rs 367.99 cr reduced the reported net loss to Rs 988.08 cr, with EPS at Rs -225.66.
Q4FY26 operating loss before below-the-line items
Jindal Poly's consolidated Q4FY26 revenue was Rs 674.63 cr, while expenses were Rs 1,231.88 cr. The cost base therefore exceeded revenue and produced an operating loss of Rs 557.25 cr, with operating margin at -82.60%.
Negative other income was the main additional drag
Other income was negative Rs 759.95 cr, adding a substantial below-operating drag to the operating loss and taking profit before tax to a loss of Rs 1,356.41 cr. Interest of Rs 37.55 cr and depreciation of Rs 1.65 cr added further charges. The negative tax charge of Rs 367.99 cr narrowed the reported net loss to Rs 988.08 cr; the reported tax rate was 27.13%.
The next results will clarify the loss composition
The next consolidated results will show whether operating margin improves from -82.60% and whether other income remains negative after the Rs 759.95 cr drag. The tax line will also remain relevant after the negative tax charge of Rs 367.99 cr.
Q4FY26 at a glance
Consolidated figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q4FY26 |
|---|---|
| Revenue | ₹675 cr |
| Other income | ₹-760 cr |
| Expenses | ₹1,232 cr |
| Operating profit | ₹-557 cr |
| Operating margin (%) | -82.60% |
| Interest | ₹38 cr |
| Depreciation | ₹2 cr |
| Profit before tax | ₹-1,356 cr |
| Tax | ₹-368 cr |
| Net profit | ₹-988 cr |
| EPS (₹) | ₹-225.66 |
What to watch
- Whether consolidated operating margin improves from -82.60%.
- Whether other income moves back from negative Rs 759.95 cr.
- Whether the tax line remains a credit after the negative tax charge of Rs 367.99 cr.