Newspaper Publication of the Audited Financial Results of the Company for the quarter and financial year ended 31st March, 2026
Awaiting price reaction for this filing.
Virgo Polymers India Ltd has published its audited financial results for the quarter and financial year ended 31st March 2026 in Trinity Mirror (English) and Makkal Kural (Tamil) newspapers, as required by SEBI regulations. Total income from operations for FY26 stood at Rs 15,365.90 lakhs, down from Rs 18,182.70 lakhs in FY25. Net profit after tax for FY26 fell sharply to Rs 42.30 lakhs compared to Rs 231.90 lakhs in the previous year. Q4 FY26 also weakened with net profit of Rs 20.10 lakhs versus Rs 193.70 lakhs in Q4 FY25. Basic and diluted EPS for FY26 came in at Rs 1.24 against Rs 6.80 in FY25. The company operates in one segment — manufacturing of flexible intermediate bulk containers (FIBC/big bags). Results were reviewed by the Audit Committee and approved by the Board on 29th May 2026.
Substantial year-on-year decline in both revenue and profit despite stable operations signals weakening business performance, which may weigh on investor sentiment and the stock price.