The Board of Directors in its Meeting held on 13.08.2025 have approved the Unaudited Financial Results (Standalone and Consolidated) for the Quarter ended 30.06.2025
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PBM Polytex's Board, at its meeting on 13 August 2025, approved the unaudited financial results for Q1 FY26. On a standalone basis, revenue from operations rose to ₹4,647.07 lakhs, up about 12.7% year-on-year from ₹4,123.41 lakhs in Q1 FY25 but down from ₹4,975.93 lakhs in the previous quarter (Q4 FY25). However, the company reported a standalone loss before tax of ₹99.24 lakhs and a loss after tax of ₹79.05 lakhs, with EPS of ₹(1.15). On a consolidated basis (which includes associate Eurotex Industries & Exports Ltd), the loss widened to ₹147.03 lakhs and EPS was ₹(2.14). The statutory auditor (Mahendra N. Shah & Co.) issued an unmodified review report but drew attention to a 'going concern' issue at the associate company Eurotex, whose manufacturing plants have been shut since March 2019 and which has fully eroded net worth.
Short-term negative — the company remains loss-making at both standalone and consolidated levels, and the associate Eurotex's unresolved going-concern issues (closed plants, eroded net worth, labour disputes) add risk. The standalone loss narrowed slightly versus last year, and revenue grew low double-digits YoY, but shareholders should watch whether margin recovery materialises in coming quarters.