Jolly Plastic Q1 FY27 results: standalone loss widens, consolidated loss at Rs 417 lakh
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Board approved unaudited results for Q1 FY27. Standalone revenue rose 25% to Rs 4.81 lakh but loss widened to Rs 13.66 lakh from Rs 0.56 lakh profit YoY, driven by a sharp jump in other expenses to Rs 21.48 lakh. First-time consolidated results show revenue of Rs 1,272 lakh and a loss of Rs 417 lakh. The company recently acquired Sahaj Retail and Sahaj Insurance Services. Limited review report was clean.
Negative for shareholders. Standalone swung to loss and consolidated loss stood at Rs 417 lakh due to recently acquired subsidiaries.