Polyplex Corporation Limited announced its Unaudited Standalone and Consolidated Financial Results for the quarter and nine months ended December 31, 2025. The Board of Directors approved these results following a meeting on February 13, 2026. The standalone results showed a loss of ₹770 lakh for the quarter, although total comprehensive income for the period stood at a gain of ₹2,958 lakh. The consolidated results indicated a total comprehensive loss of ₹5,959 lakh for the quarter.
Board Approval and Review
The Board of Directors of Polyplex Corporation Limited approved the Unaudited Standalone and Consolidated Financial Results for the quarter and nine months ended December 31, 2025, during the meeting held on February 13, 2026. The Audit Committee recommended these results prior to the Board’s approval. The financial statements have undergone a Limited Review by the Joint Statutory Auditors, S.R. Batliboi & Co. LLP and S S Kothari Mehta & Co. LLP.
Standalone Financial Performance Highlights (Amounts in Lakhs)
For the quarter ended December 31, 2025, the Standalone results revealed:
- Total Income: ₹33,771 (down from ₹41,686 in Q3 FY2024).
- Total Expenses: ₹34,794.
- Loss/(Profit) Before Tax: A loss of ₹(1,023).
- (Loss)/Profit for the period: A loss of ₹(770).
- Total Comprehensive (Loss)/Profit: A loss of ₹(801).
For the Nine Months Ended December 31, 2025:
- (Loss)/Profit for the period: A profit of ₹3,052.
- Total Comprehensive (Loss)/Profit: A profit of ₹2,958.
- Earnings per Share (Basic): ₹9.72 (compared to ₹12.88 in the previous year period).
Consolidated Financial Performance Highlights (Amounts in Lakhs)
The Consolidated Results for the quarter ended December 31, 2025, showed a significant divergence:
- Total Income: ₹170,689.
- Total Expenses: ₹168,472.
- (Loss)/Profit Before Tax: A profit of ₹2,217.
- Total Comprehensive (Loss)/Profit: A comprehensive loss of ₹(5,959).
For the Nine Months Ended December 31, 2025, the Consolidated results reflected a total comprehensive profit of ₹35,057.
Key Notes and Disclosures
The Company operates primarily in the manufacturing of Polymeric Films, considered a single reportable segment under Ind AS 108. A note specifically addresses dividends received from subsidiaries, totaling ₹835 lakh for the quarter ended December 31, 2025. Furthermore, the management assessed the impact of the four new Labour Codes notified in November 2025, concluding that the incremental financial impact is not material to these interim results.
Subsidiary Review Scope
The auditors’ conclusion on the consolidated statement relies in part on the review reports of the subsidiaries, including Polyplex (Thailand) PCL, which reported a quarterly net profit after tax of ₹2,640 lakhs. The status of the arbitration notice concerning Eco Blue Limited remains contested, but management does not anticipate a material adverse effect on Group results.
Source: BSE
