POCL Enterprises Limited has announced its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. The Board of Directors approved these results at their meeting held on February 13, 2026, demonstrating strong operational performance across all business segments.

Financial Performance Overview

The company delivered robust financial results for Q3FY26, showing significant growth across key metrics:

For the nine months ended December 31, 2025, the company achieved revenue from operations of ₹1,09,939.93 lakhs compared to ₹1,07,773.46 lakhs in the previous year, representing a growth of 2.01%. Net profit for the nine-month period stood at ₹2,990.76 lakhs, marking an increase of 39.00% from ₹2,151.61 lakhs in the corresponding period.

Segment-wise Business Performance

POCL Enterprises operates across three primary business segments, each contributing to the overall growth:

The Metallic Oxides and Plastic Additives segments showed particularly strong performance, with growth rates of 29.67% and 49.48% respectively, offsetting the slight decline in the Metal segment.

Regulatory Compliance and Fund Utilization

The board meeting also addressed the company's compliance with fund utilization from its preferential issue. POCL Enterprises confirmed no deviation or variation in the utilization of funds raised through the preferential issue of equity shares and convertible warrants completed on June 18, 2025.

The Audit Committee reviewed and confirmed that there was no deviation in fund utilization from the stated objectives, which include organic and inorganic growth opportunities, working capital requirements, capital expenditure, and general corporate purposes.

Exceptional Items and Tax Impact

The company reported exceptional items of ₹26.46 lakhs during the quarter, primarily related to the statutory impact of new Labour Codes implemented by the Government of India. This impact includes an increase in gratuity provision of ₹22.81 lakhs and compensated absences of ₹3.65 lakhs due to revised wage definitions.

Total tax expenses for the quarter amounted to ₹331.55 lakhs, including current tax of ₹310.86 lakhs and deferred tax charge of ₹3.57 lakhs. The company maintains a healthy tax management approach while ensuring full compliance with regulatory requirements.

POCL Enterprises Ltd has received board approval for a strategic merger with its associate company PlanetFirst Green Private Limited, marking a significant step forward in the company's expansion into the lead recycling business.

Board Meeting Outcome

The Board of Directors at its meeting held on January 19, 2026, accorded in-principle approval for the amalgamation/merger of PlanetFirst Green Private Limited with POCL Enterprises Limited under sections 230 to 232 of the Companies Act, 2013.

Strategic Business Rationale

The proposed merger with PlanetFirst, which operates in the lead recycling business, aligns with POCL's strategic objectives of boosting resource efficiency and expanding market share. The integration is expected to generate significant operational synergies and strengthen the company's competitive position.

Market Expansion Benefits

The merger will enable POCL to leverage combined product offerings and marketing strengths across domestic and international markets. PlanetFirst's existing business unit in Surat, Gujarat, will allow POCL to serve customers in western India more efficiently and increase reach in important industrial markets.

Next Steps and Regulatory Process

The proposed scheme of amalgamation, along with valuation reports from independent registered valuers and fairness opinions from SEBI registered merchant bankers, will be presented at a subsequent board meeting. The merger remains subject to receipt of all requisite regulatory approvals and compliance with applicable laws and regulations.

The company expects this strategic integration to drive sales growth and enhance overall profitability through expanded supply chain product offerings and improved market reach.