Approval of the unaudited financial statement along with the Limited review report for the quarter ended 31.12.2025
Awaiting price reaction for this filing.
The Board of Directors of Virgo Polymers (India) Ltd, at its meeting held on 13th February 2026, approved the unaudited standalone financial results for the quarter ended 31st December 2025, along with the limited review report from statutory auditors Venkat & Rangaa LLP. Total revenue for Q3 FY26 stood at Rs. 4,050.17 lakhs, down from Rs. 6,030.82 lakhs in the previous quarter (Q2 FY26) and marginally lower than Rs. 4,136.43 lakhs in Q3 FY25. On a year-to-date (9M FY26) basis, revenue grew to Rs. 12,014.37 lakhs from Rs. 9,286.03 lakhs in the corresponding nine months of the previous year. Profit before tax for the quarter was reported at Rs. 3.82 lakhs, with basic and diluted EPS of Rs. 0.11. The auditor's review report is clean, with no qualifications, and the company operates in a single segment – manufacture of Flexible Intermediate Bulk Containers (FIBC).
The sharp sequential drop in quarterly revenue (roughly one-third lower than Q2) and very thin profit margins suggest quarter-on-quarter volatility, which is worth tracking. However, the strong 9-month year-to-date revenue growth of nearly 29% over the prior year and a clean audit report provide some comfort on the overall business trajectory.