Pankaj Polymers Limited has released its unaudited financial results for the third quarter of FY26, covering the period ended December 31, 2025. The Telangana-based polymer company reported a net profit of ₹2.09 lakhs for Q3FY26, marking a turnaround from the loss of ₹0.29 lakhs recorded in the corresponding quarter of the previous year.

Q3FY26 Financial Performance

The company's quarterly performance showed mixed results with zero revenue from operations but was supported by other income streams. The financial highlights for Q3FY26 demonstrate the company's ability to maintain profitability despite operational challenges.

The company's total expenses for the quarter amounted to ₹17.05 lakhs, significantly lower than ₹53.05 lakhs in Q3FY25. This reduction was primarily due to the absence of raw material costs and lower finance costs of ₹2.26 lakhs compared to ₹4.89 lakhs in the previous year.

Nine-Month Performance Shows Strong Recovery

The nine-month period ended December 31, 2025, revealed a remarkable turnaround in the company's financial position. Pankaj Polymers achieved a substantial profit of ₹209.85 lakhs compared to a loss of ₹12.00 lakhs in the corresponding period of FY25.

The nine-month earnings per share improved significantly to ₹3.79 from ₹(0.22) in the previous year, reflecting the company's enhanced profitability.

Expense Management and Cost Structure

The company demonstrated effective cost management across various expense categories during Q3FY26. Employee benefits expenses remained stable at ₹3.38 lakhs, while finance costs decreased to ₹2.26 lakhs from ₹4.89 lakhs in Q3FY25. Other expenses increased to ₹11.39 lakhs compared to ₹7.45 lakhs in the corresponding quarter of the previous year.

Capital Structure and Share Information

Pankaj Polymers maintained its paid-up equity share capital at ₹554.39 lakhs throughout the reporting periods, with each share having a face value of ₹10.00. The company's earnings per share for Q3FY26 stood at ₹0.04 for both basic and diluted calculations.

Regulatory Compliance and Audit

The financial results were reviewed by the company's Audit Committee and approved by the Board of Directors at their meeting held on January 10, 2026. The results have been prepared in accordance with Indian Accounting Standards prescribed under Section 133 of the Companies Act, 2013, and were reviewed by statutory auditors Luharuka & Associates in compliance with Regulation 33 of SEBI (LODR) Regulations, 2015.

Pankaj Polymers Limited announced its unaudited financial results for the quarter ended December 31, 2025, revealing a significant decline in quarterly performance. The company's net profit dropped substantially to ₹2.09 lakh in Q3FY26, marking an 85% decrease from the previous quarter's robust performance of ₹225.07 lakh.

Financial Performance Overview

The company's quarterly results showed mixed signals across different metrics. While the current quarter witnessed a sharp decline, the nine-month cumulative performance demonstrated a remarkable turnaround compared to the previous year.

Revenue Analysis

The most striking aspect of the quarterly results was the complete absence of revenue from operations, which stood at zero compared to ₹26.76 lakh in the previous quarter and ₹32.95 lakh in the corresponding quarter of the previous year. This represents a 100% decline in operational revenue both quarter-on-quarter and year-on-year.

Other income also witnessed a significant contraction, falling to ₹19.13 lakh from ₹230.53 lakh in Q2FY26, though it remained relatively stable compared to ₹19.74 lakh in Q3FY25. The total income for the quarter declined by 92.6% quarter-on-quarter to ₹19.14 lakh.

Nine-Month Performance Highlights

Despite the challenging quarterly performance, the nine-month results painted a more optimistic picture. The company achieved a significant turnaround with a net profit of ₹209.85 lakh for the nine months ended December 31, 2025, compared to a loss of ₹12.00 lakh in the corresponding period of the previous year.

Expense Management

Total expenses for Q3FY26 were controlled at ₹17.05 lakh, significantly lower than the previous quarter's ₹45.24 lakh. The major expense components included other expenses at ₹11.39 lakh, employee benefits at ₹3.38 lakh, and finance costs at ₹2.26 lakh. The absence of raw material costs aligned with the zero operational revenue, indicating minimal manufacturing activity during the quarter.

Corporate Developments

Alongside the financial results, Pankaj Polymers announced the appointment of Ms. Nupur Garg as Company Secretary & Compliance Officer with effect from January 10, 2026. The Board of Directors approved both the quarterly results and this key appointment during their meeting held on January 10, 2026.

Key Financial Metrics

The company maintained its paid-up equity share capital at ₹554.39 lakh with a face value of ₹10 per share. Earnings per share for Q3FY26 stood at ₹0.04, compared to ₹4.06 in the previous quarter and negative ₹0.01 in Q3FY25. For the nine-month period, EPS improved significantly to ₹3.79 compared to negative ₹0.22 in the corresponding period last year.