We hereby submitting Revised Results with Clarification letter for the Quarter ended December 31, 2024
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Noble Polymers Limited has submitted revised financial results for the quarter ended December 31, 2024, along with a clarification letter to BSE. The company was previously delisted and is now in the process of seeking revocation of its listing. BSE had raised a query regarding the PDF format of the results, asking for them to be submitted as per IND-AS standards. The board approved results covering the period from June 2022 to December 2024 in a meeting held on January 31, 2025. For Q3 FY25 (quarter ended December 31, 2024), the company reported total income of Rs 42.88 lakhs (entirely from other income, no revenue from operations), total expenses of Rs 0.85 lakhs, and a profit after tax of Rs 33.53 lakhs, translating to an EPS of Rs 0.52. This is a sharp swing from the previous quarter (September 2024) which had reported a loss after tax of Rs 147.74 lakhs. The auditor R B Gohil & Co, appointed in a casual vacancy in March 2025, issued an unqualified limited review report.
This is primarily a procedural compliance filing related to the company's delisting revocation process, not new financial news. Shareholders should note the unusual pattern of results (no operating revenue, income/loss driven entirely by 'other income'), the change in statutory auditors mid-year, and the company's delisted status pending revocation. The stock remains inactive on BSE pending the revocation outcome.