The Unaudited Financial Results, along with the Limited Review Report for the quarter and Half-year ended on 30th September, 2025, as per Regulation 33 of the Listing Regulations.
Awaiting price reaction for this filing.
Virgo Polymers India Ltd reported a sharp jump in revenue for Q2 FY26 at Rs. 6,226.42 lakhs, up from Rs. 2,329.10 lakhs in Q2 FY25 — a roughly 167% year-on-year surge. For the half-year ended September 2025, total revenue stood at Rs. 7,955.12 lakhs with a profit after tax of Rs. 18.34 lakhs, compared to a loss of Rs. 265.28 lakhs in the year-ago quarter, marking a clear turnaround to profitability. The balance sheet shows long-term borrowings slashed from Rs. 3,918.02 lakhs to Rs. 205.62 lakhs, while short-term borrowings rose to Rs. 2,179.87 lakhs. Operating cash flow turned strongly positive at Rs. 3,227.51 lakhs (vs negative Rs. 1,905.76 lakhs in FY25), aided by improved working capital. Statutory auditors Venkat & Rangaa LLP issued a clean limited review report with no qualifications.
Positive for shareholders — strong revenue rebound, return to profit, major debt reduction and healthy operating cash flow signal improved business momentum. Investors should watch whether short-term borrowings replace long-term debt sustainably and if margins hold up.