Pankaj Polymers Limited has announced a significant turnaround in its financial performance for the quarter ended September 30, 2025. The company reported a substantial profit of Rs 225.07 crore, marking a dramatic shift from a loss of Rs 6.08 crore in the same quarter last year.

Financial Highlights

The company's revenue from operations for the quarter stood at Rs 26.76 crore. However, the most notable aspect of the financial results was the surge in other income to Rs 230.53 crore, contributing significantly to the total income of Rs 257.29 crore for the quarter.

Half-Year Performance

For the half-year ended September 30, 2025, Pankaj Polymers reported a profit of Rs 207.76 crore, compared to a loss of Rs 11.70 crore in the corresponding period of the previous year. The total income for the half-year reached Rs 322.27 crore, a substantial increase from Rs 69.37 crore in the previous year.

Balance Sheet Strength

The company's financial position has also improved, with total assets standing at Rs 1,507.72 crore as of September 30, 2025, up from Rs 1,408.10 crore in March 2025. This growth in assets indicates a strengthening of the company's overall financial health.

Earnings Per Share

The basic earnings per share (EPS) for the quarter was Rs 4.06, a significant improvement from a loss of Rs 0.11 per share in the same quarter of the previous year. For the half-year, the EPS stood at Rs 3.75, compared to a loss of Rs 0.21 per share in the previous year.

Management Approval

The unaudited financial results for the quarter and half-year ended September 30, 2025, were reviewed and recommended by the Audit Committee and subsequently approved by the Board of Directors in their meeting held on November 7, 2025. The results have been prepared in accordance with Indian Accounting Standards as prescribed under section 133 of the Companies Act, 2013.

Conclusion

Pankaj Polymers Limited's remarkable financial turnaround in the second quarter of FY2026 showcases a significant improvement in the company's performance. The substantial increase in other income has played a crucial role in driving profitability. Investors and stakeholders may find these results encouraging, particularly given the company's transition from losses to substantial profits within a year.

Pankaj Polymers has announced the resignation of its Company Secretary and Compliance Officer, Shashank Jain. The departure, effective October 22, 2025, comes as Jain pursues a new career opportunity in a different industry.

Resignation Details

According to the company's filing with the Bombay Stock Exchange (BSE), Jain submitted his resignation on October 21, 2025. In his resignation letter, Jain expressed gratitude for his tenure with Pankaj Polymers, noting the company's adherence to compliance and governance standards.

Key Points of the Resignation

Company's Statement

Pankaj Polymers confirmed that there are no material reasons for the resignation other than Jain's desire to pursue an alternate career opportunity. The company has not yet announced a successor for the position.

Regulatory Compliance

The announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Pankaj Polymers has provided the necessary disclosures as required under the regulatory framework, including the resignation letter and details of Jain's departure.

This development marks a change in the key managerial personnel of Pankaj Polymers. As the company transitions to new leadership in this crucial compliance role, stakeholders will be watching for any potential impacts on the organization's governance structure.