AVI Polymers Limited , a company primarily engaged in trading agricultural products, has announced its unaudited standalone financial results for the quarter ended September 30, 2025, showcasing remarkable growth across key financial metrics.

Financial Highlights

The company's performance in the second quarter of fiscal year 2026 demonstrates a substantial improvement compared to the same period in the previous year. Net profit surged to ₹229.39 lacs, marking a significant increase from ₹3.68 lacs in Q2 FY25. This represents a year-over-year growth of approximately 6225%.

Revenue from operations also saw an exponential rise, reaching ₹2,950.41 lacs in the current quarter, compared to ₹6.43 lacs in the corresponding period last year. This translates to a year-over-year increase of about 45784%.

The company's profitability improvements are further reflected in its Basic Earnings Per Share (EPS), which grew to ₹5.61 from ₹0.09 in the previous year's quarter, indicating a 6133% increase.

Balance Sheet Strength

AVI Polymers' balance sheet also showed signs of growth. The company's total assets increased to ₹1,781.85 lacs as of September 30, 2025, up from ₹590.87 lacs reported on March 31, 2025. This represents a growth of approximately 201% in total assets over a six-month period.

Corporate Governance

The Board of Directors of AVI Polymers Limited approved these financial results at their meeting held on November 7, 2025, demonstrating the company's commitment to timely financial reporting and corporate governance practices.

Business Segment

AVI Polymers Limited operates primarily in the trading of agricultural products, which appears to be the driving force behind the company's significant financial growth in the reported quarter.

The substantial increase in revenue and profitability suggests a potential expansion in the company's agricultural trading activities or favorable market conditions in the sector. However, investors should note that these results are unaudited and subject to review.

As the company continues to show strong financial performance, stakeholders may want to keep an eye on future announcements and audited results to gain a more comprehensive understanding of AVI Polymers' business trajectory and sustainability of this growth.

AVI Polymers Limited , a company listed on the Bombay Stock Exchange (BSE: 539288), has announced the resignation of its statutory auditor, SK Bhavsar Co., Chartered Accountants. The auditing firm's departure, effective October 30, 2025, comes less than two months into their five-year term, which was set to run from 2025-26.

Resignation Details

Key Points from the Resignation

• The auditor confirmed that no material concerns were raised regarding the company during their brief tenure.
• Full cooperation was provided by the management throughout the auditing process.
• The audit committee was duly informed of the resignation.
• The Board of Directors acknowledged the auditor's professional services and placed on record their appreciation for the same.

Regulatory Compliance

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, AVI Polymers Limited promptly disclosed this development to the BSE. The company's Managing Director, Chintan Yashwantbhai Patel, signed the official communication to the stock exchange.

Auditor's Declaration

SK Bhavsar & Co. provided a detailed resignation letter, adhering to the format prescribed by SEBI's circular dated October 18, 2019. The firm explicitly stated that there were no other material reasons for their resignation beyond the cited professional commitments.

Impact and Next Steps

While the departure of a newly appointed auditor may raise questions among stakeholders, both the company and the auditing firm have emphasized the amicable nature of the separation. AVI Polymers Limited will now need to appoint a new statutory auditor to ensure continuity in its financial reporting and compliance processes.

Investors and stakeholders will likely watch closely for any further developments, including the appointment of a new auditor and any potential impact on the company's financial reporting timeline.