It is hereby informed that the Board of Directors at their meeting held on even date, have inter-alia approved the Audited Financial Results of the Company for the quarter and year ended ....
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Pankaj Polymers reported audited FY25 results with revenue from operations falling to Rs. 149.92 lakhs from Rs. 176.30 lakhs in FY24, a decline of about 15%. Total income for the year stood at Rs. 227.38 lakhs versus Rs. 257.64 lakhs previously. The company remained loss-making at the bottom line, posting a loss after tax of Rs. 12.94 lakhs in FY25, slightly wider than the Rs. 12.78 lakhs loss in FY24, with EPS of Rs. (0.23). On a positive note, operating cash flow turned positive at Rs. 6.29 lakhs versus a negative Rs. 17.98 lakhs in FY24, and outstanding qualified borrowings reduced from Rs. 2.20 crore to Rs. 1.69 crore. Statutory auditor Luharuka & Associates issued an unmodified (clean) opinion on the results.
The results point to a shrinking top line and continued losses, which is negative for shareholders. However, improving operating cash flow and lower borrowings suggest some reduction in financial stress, though the business remains small and unprofitable.