Premier Polyfilm Limited has informed the Exchange about General Updates
PREMIERPOL · price
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Premier Polyfilm's board approved standalone unaudited results for Q1 FY26 (quarter ended June 30, 2025). Revenue from operations rose to Rs 7,444 lakhs from Rs 7,004 lakhs in Q1 FY25, a growth of about 6.3%. Net profit inched up to Rs 600 lakhs from Rs 588 lakhs (up ~2%), translating to EPS of Rs 0.57 vs Rs 0.53. Notably, depreciation surged to Rs 447 lakhs from Rs 124 lakhs, which boosted operating profit before depreciation. The statutory auditor (M/s Mars & Associates) issued a clean limited review report with no qualifications. The 33rd AGM is set for September 24, 2025 via video conferencing, with the register of members closed from September 18-24 to determine dividend eligibility for FY25. The board also appointed a new secretarial auditor (5-year term), cost auditor, internal auditor, re-appointed an executive director, and brought in the MD's son as an additional executive director.
Mild positive for shareholders: steady single-digit revenue growth and EBITDA margin expansion, but bottom-line growth remains modest. The mention of ongoing GST disputes is a minor watchpoint, while board refresh with the MD's family member signals continuity of promoter control ahead of the AGM.