Polyplex Corporation's Q2 FY 2025-26 Quarterly Results

Result Summary

• Polyplex Corporation Ltd reported a 2.7% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 1.2%.
• Its expenses for the quarter were down by 2.5% QoQ and up 9.5% YoY.
• The net profit decreased 156.0% QoQ and decreased 79.6% YoY.
• The earnings per share (EPS) of Polyplex Corporation Ltd stood at 7.87 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

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Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Polyplex Corporation Ltd is primarily engaged in the manufacture and sale of polyester films. The company operates within the broader packaging and industrial films industry, offering products that are used in a variety of sectors, including packaging, electrical insulation, and imaging. As of the latest data available, there are no specific major developments provided for the company. It is important to note that without additional information, further insights into recent strategic initiatives or market positioning cannot be determined.

Revenue

For the second quarter of fiscal year 2026 (Q2FY26), Polyplex Corporation Ltd reported a total income of ₹1816.81 crores. This represents a quarter-over-quarter (QoQ) increase of 2.7% compared to ₹1768.46 crores in the first quarter of fiscal year 2026 (Q1FY26). However, on a year-over-year (YoY) basis, there was a decline of 1.2% from ₹1839.21 crores in the second quarter of fiscal year 2025 (Q2FY25). The data reflects a modest growth in revenue when comparing sequential quarters, but a slight reduction compared to the same period in the previous fiscal year.

Profitability

In Q2FY26, Polyplex Corporation Ltd achieved a Profit Before Tax (PBT) of ₹23.46 crores, a significant turnaround from a loss of ₹70.60 crores in Q1FY26. This change marks a substantial QoQ improvement of 133.2%. However, when compared with Q2FY25, where the PBT was ₹201.99 crores, there is an 88.4% decline YoY. The Profit After Tax (PAT) for Q2FY26 stood at ₹33.50 crores, compared to a loss of ₹59.81 crores in Q1FY26, which indicates a 156.0% QoQ increase. Nevertheless, the YoY comparison shows a 79.6% reduction from ₹164.11 crores in Q2FY25. The Earnings Per Share (EPS) for Q2FY26 was ₹7.87, contrasting with a negative EPS of ₹-6.15 in Q1FY26, and a significant decrease from ₹27.97 in Q2FY25, reflecting a 71.9% YoY decline.

Operating Metrics

The total expenses for Polyplex Corporation Ltd in Q2FY26 were reported at ₹1793.35 crores, which is a decrease of 2.5% QoQ from ₹1839.06 crores in Q1FY26. When compared to Q2FY25, where total expenses were ₹1637.22 crores, there is an increase of 9.5% YoY. The tax impact in Q2FY26 was negative, at ₹-10.04 crores, showing a slight reduction from ₹-10.79 crores in Q1FY26, and a substantial decrease from a positive tax amount of ₹37.88 crores in Q2FY25. These figures highlight a reduction in expenses on a sequential basis, but an increase in expenses year-over-year, coupled with a contrasting tax impact in the analysis periods.