Gulshan Polyols Q3 FY26: Net profit jumps sixfold to Rs 40.9 cr
GULPOLY · price
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On the reaction day the stock moved 3.4 pts less than Nifty Microcap 250 and 2.3 pts less than its Other Agricultural Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Gulshan Polyols posted Q3 FY26 revenue of Rs 626.65 cr, up 2.8% year-on-year, with net profit soaring to Rs 40.90 cr from Rs 6.78 cr, a sixfold jump. For nine months, revenue rose 17% to Rs 1,761.60 cr while PAT nearly quadrupled to Rs 69.61 cr. Ethanol segment led the growth. A Q2 subsidy reversal of Rs 5.37 cr due to an accounting change partially offset nine month profit.
Strong profit growth outpaces revenue, signalling margin expansion. Rising finance costs are a watch point. Positive for shareholders.