Vinyl Chemicals (India) Limited has informed the Exchange regarding Board meeting held on July 30, 2025.
VINYLINDIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Vinyl Chemicals (India) Limited's board approved unaudited financial results for Q1 FY26 (quarter ended June 30, 2025) on July 30, 2025. Revenue from operations came in at Rs. 15,123 lakhs, down from Rs. 15,563 lakhs in the same quarter last year — a roughly 2.8% YoY decline. Total income was Rs. 15,532 lakhs versus Rs. 15,641 lakhs YoY, lifted by higher other income. Profit after tax fell to Rs. 445 lakhs from Rs. 492 lakhs, with EPS at Rs. 2.42 versus Rs. 2.68 YoY. A notable item is the foreign exchange difference expense of Rs. 387 lakhs, sharply higher than Rs. 14 lakhs in Q1 FY25, which weighed on margins. The company operates a single segment — trading in chemicals. Limited review was carried out by Mehul Gada & Associates, with the report noting that Q1 FY25 figures had been reviewed by a predecessor auditor.
Modest YoY decline in both revenue and profit, along with a meaningfully higher forex loss, signals margin pressure for shareholders. The mention of a predecessor auditor hints at a recent change in statutory auditors, which investors may want to monitor for any governance implications.