Kshitij Polyline Limited has submitted to the Exchange, the financial results for the period ended March 31, 2025.
KSHITIJPOL · price
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Kshitij Polyline reported a sharp deterioration in FY25 performance. Standalone revenue from operations fell to ₹3,058 lakh from ₹3,421 lakh a year ago (down ~10.6%), while consolidated revenue dropped even more steeply to ₹4,191 lakh from ₹5,940 lakh (down ~29.5%). The company swung to a much wider standalone loss of ₹919 lakh in FY25 versus ₹56 lakh in FY24, with the consolidated entity posting a loss of ₹869 lakh against a profit of ₹161 lakh the previous year. The Q3 FY25 quarter included a one-time exceptional charge of ₹552.84 lakh. Standalone reserves turned negative at ₹(706.50) lakh, and cash flow from operations was deeply negative at ₹(1,043) lakh standalone and ₹(863) lakh consolidated. The statutory auditor (VRCA & Associates) issued an unmodified opinion, but also appointed new secretarial and internal auditors and a new Company Secretary during the board meeting.
Negative for shareholders — losses have deepened sharply, standalone net worth has turned negative, and operating cash burn has accelerated, signalling serious stress in the core plastic sheets and films business. Investors should watch for any follow-up fundraising, debt restructuring, or further deterioration in the subsidiary (Kshitij E-Store Ventures) performance.