Polycon International reports Rs 136 lakh H1 FY26 loss, equity turns negative
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Polycon International's board approved unaudited results for Q2 and H1 FY26 ended Sep 30, 2026. Revenue from operations fell to Rs 277.25 lakh (vs Rs 385.77 lakh YoY), with H1 revenue at Rs 701.89 lakh (vs Rs 821.39 lakh). The company posted a loss of Rs 89.10 lakh for Q2 and Rs 136.17 lakh for H1 FY26. Total equity turned negative at minus Rs 25.56 lakh, with other equity at minus Rs 569.21 lakh. EPS stood at minus Rs 1.82 for Q2.
Persistent losses and negative equity raise serious going-concern concerns. Revenue declining YoY adds to the stress for shareholders.