Unaudited financial Results for the quarter and half year ended September 30,2025.
Awaiting price reaction for this filing.
AVI Polymers Ltd reported a sharp jump in revenue for Q2 FY26 at Rs. 2,950.41 lacs, compared to just Rs. 142 lacs in Q2 FY25, driven by its agriculture products trading business. Profit after tax surged to Rs. 229.39 lacs in Q2 FY26 from Rs. 3.68 lacs in Q2 FY25, with EPS rising to Rs. 5.61 from Rs. 0.09. For the half year, revenue stood at Rs. 2,950.41 lacs (vs Rs. 643 lacs) and PAT at Rs. 229.14 lacs (vs Rs. 5.19 lacs). The statutory auditor issued an unqualified limited review report, and total assets grew to Rs. 1,781.85 lacs as of September 30, 2025. Operating cash flow for the half year, however, was slightly negative at Rs. (0.92) lacs.
The extraordinary quarter-on-quarter growth reflects a significant scaling up of the company's trading operations, which is likely to be viewed positively by investors. However, the near-zero operating cash flow despite strong accounting profit suggests working capital has expanded sharply (trade receivables ballooned to Rs. 1,175.16 lacs), which investors should monitor closely.