Submission of Certified True copy of Board Resolution Authorising Smt. Durga Ramji, Director to Sign the Financial Results for the Quarter ended June 30, 2025.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Polyspin Exports Ltd has filed its unaudited standalone and consolidated financial results for Q1 FY2026 (quarter ended June 30, 2025). Total income from continuing operations stood at Rs. 5,818.93 lakhs, up from Rs. 4,962.33 lakhs in Q1 FY2025, driven by a 17.9% rise in revenue from operations to Rs. 5,736.20 lakhs. However, standalone net profit after tax fell sharply to Rs. 114.15 lakhs from Rs. 223.23 lakhs a year earlier, while standalone EPS dropped to Rs. 1.14 from Rs. 2.23. On a consolidated basis, net profit (including Rs. 25.94 lakhs share from Sri Lankan associate Lankaspin Pvt Ltd) declined to Rs. 140.09 lakhs (EPS Rs. 1.40) from Rs. 178.71 lakhs (EPS Rs. 1.79). Cost of materials consumed surged about 68% YoY to Rs. 4,430.13 lakhs, partly offset by an inventory drawdown of Rs. 1,367.25 lakhs. The results were approved at the August 13, 2025 board meeting and have undergone a limited review by statutory auditors.
Despite healthy revenue growth, sharp profit compression signals margin pressure from rising raw material costs. Shareholders may see this as a mixed quarter — top-line growth is encouraging, but the near-halving of standalone net profit could weigh on short-term sentiment.