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Awaiting price reaction for this filing.
National Plastic Industries Ltd (NPIL), a manufacturer of plastic moulded/extruded articles and PVC mats, announced its unaudited financial results for Q3 FY26 (quarter ended 31 Dec 2025) and nine months ended Dec 2025. Revenue from operations for Q3 stood at Rs. 2,810 lakhs, marginally up from Rs. 2,780 lakhs in Q3 FY25. However, nine-month revenue declined significantly to Rs. 7,280 lakhs from Rs. 9,605 lakhs in the previous year, a drop of roughly 24%. Despite the revenue decline, net profit for Q3 grew to Rs. 203.7 lakhs (vs Rs. 147 lakhs) and nine-month PAT jumped to Rs. 451 lakhs from Rs. 273 lakhs, a ~65% increase, supported by lower input and other expenses. The statutory auditor (M/s R.S. Prabhu & Associates) issued an unqualified limited review report.
Mixed signals for shareholders — topline has shrunk sharply year-to-date, but profitability has improved meaningfully on cost discipline and better operating margins. The market may focus on the strong PAT growth, though the underlying revenue contraction warrants close monitoring in the coming quarters.