Pankaj Polymers: Q1 FY27 Profit Surges 122% to ₹7.21 Crore

Pankaj Polymers Limited announced its unaudited standalone financial results for the quarter ended June 30, 2026. The company reported a substantial increase in revenue to ₹554.39 lakh from ₹554.39 lakh in the previous year. Net profit for the quarter surged by 122.7% to ₹7.21 lakh, up from ₹3.24 lakh in the corresponding period of the previous year. The limited review report was also approved by the Board.

Pankaj Polymers Reports Strong Q1 Performance

Pankaj Polymers Limited has declared its unaudited standalone financial results for the first quarter of the financial year 2026-27, ending June 30, 2026. The results, approved by the Board of Directors, indicate a robust performance with significant year-on-year growth.

Key Financial Highlights

For the quarter ended June 30, 2026, Pankaj Polymers reported total revenue of ₹554.39 lakh, remaining consistent with the previous year’s comparable period. However, the company saw a remarkable surge in its profit after tax (excluding exceptional items) by 122.7%, reaching ₹7.21 lakh. This compares favorably to the profit of ₹3.24 lakh reported in the same quarter of the previous fiscal year. The company’s comprehensive income also saw an increase, reflecting the improved profitability.

Other Comprehensive Income and Share Capital

Other comprehensive income for the period was reported as a net loss of ₹7.21 lakh. The company’s paid-up equity share capital stood at ₹554.39 lakh. Earnings per share (EPS) on a diluted basis were ₹0.81 for the current quarter.

Limited Review Report

The Board also considered and approved the Limited Review Report on the financial results, as issued by the Statutory Auditors, M/s. Shilpi Sharma & Company, Chartered Accountants. This report, reviewed and recommended by the Audit Committee, confirms the accuracy and compliance of the presented financial statements.

Corporate Restructuring

The financial results also provided insights into significant corporate restructuring. Note 4, 5, and 6 of the financial results indicate a comprehensive restructuring of the Company’s ownership and management during the quarter. This included the transfer of control to a New Promoter and New Promoter Group due to reclassification of shares. Entirely new board members and key managerial personnel have been appointed, succeeding the erstwhile directors who resigned.

Previous Period Comparison

The financial results for the corresponding quarter ended June 30, 2025, and the financial statements for the year ended March 31, 2026, were reviewed/audited by Rameshchand Jain, Luharuka & Associates, who had expressed an unmodified conclusion.

Source: BSE

Previous Article

Zen Technologies: Secures ₹295 Crore Simulator Order from Ministry of Defence

Next Article

DOMS Industries: AGM Scheduled for Sept 3, 2026, to Consider FY26 Dividend