Announced Thu, 24 Jul · 19:46 IST

Considered and Approved the Unaudited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2025

Revenue DeclineResults View source PDF

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AI summary

The Board of Polo Queen Industrial and Fintech Ltd approved its unaudited financial results for the quarter ended June 30, 2025. Standalone revenue from operations fell sharply to Rs. 1,721.99 lakhs, down about 33% from Rs. 2,577.00 lakhs in the same quarter last year. Despite the revenue drop, standalone profit after tax rose roughly 19% YoY to Rs. 56.04 lakhs (from Rs. 47.00 lakhs), and consolidated PAT grew to Rs. 71.66 lakhs (from Rs. 65.96 lakhs). The trading segment continues to dominate, contributing nearly all revenue (Rs. 1,721.95 lakhs), while subsidiaries in NBFC, pharma and IT added only marginal amounts. The auditors (N.K. Jalan & Co.) issued a clean limited review with no qualifications. The Board also re-appointed the statutory auditors for four more years (FY26–FY30) and re-appointed two whole-time directors for three-year terms each.

Likely market impact

Sharp year-on-year revenue decline is a red flag for the core business, but the company managed to grow profits on better cost control, which may support near-term sentiment. Auditor re-appointment and director continuity signal stability, though investors should watch whether the revenue slide continues in coming quarters.