Polo Queen Industrial And Fintech , a diversified company operating in trading, non-banking financial business, pharma, and IT/ITES segments, has released its financial results for the second quarter. The company's board has also approved a significant related party transaction.

Financial Performance

The company reported a challenging quarter with losses on both standalone and consolidated bases:

All figures in lacs, except EPS

Polo Queen Industrial and Fintech's standalone operations resulted in a net loss of ₹15.87 lacs for the quarter, while the consolidated figures showed a slightly lower loss of ₹14.98 lacs. The total revenue stood at ₹758.88 lacs on a standalone basis and ₹761.00 lacs on a consolidated basis.

The basic earnings per share (EPS) for both standalone and consolidated results were negative at ₹(0.02), reflecting the company's loss-making position during the quarter.

Related Party Transaction Approval

In addition to the financial results, the board of Polo Queen Industrial and Fintech Limited has approved a notable related party transaction. The company will enter into a licensing agreement with Benchmarke Industries Private Limited for the 'COZYCARE' marks. This move could potentially open up new revenue streams or strengthen the company's brand portfolio, although specific details of the licensing deal were not disclosed.

Company Overview

Polo Queen Industrial and Fintech Limited operates across multiple segments, including:

1. Trading
2. Non-banking financial business
3. Pharmaceutical sector
4. IT/ITES (Information Technology/Information Technology Enabled Services)

This diversified business model may help the company navigate through sector-specific challenges, although the recent quarter's performance indicates ongoing pressures across its operations.

Polo Queen Industrial and Fintech Limited (PQIF) has reported its financial results for the quarter ended June 30, 2025, showing improved profitability despite a decrease in revenue.

Financial Performance

For the quarter, PQIF reported:

Despite the significant year-on-year decrease in revenue, the company managed to improve its profitability on both standalone and consolidated bases.

Segment Performance

PQIF operates across multiple segments including trading, non-banking financial business, pharma, and IT/ITES. The trading segment remains the primary revenue contributor, although specific segment-wise details were not provided in the results.

Board Decisions and Reappointments

In a recent board meeting, PQIF made several key decisions:

Statutory Auditor Reappointment

M/s. N. K. Jalan and Co. have been reappointed as the company's statutory auditors for a period of four years, from FY 2025-26 to 2029-30.

Whole-time Director Reappointments

• Mr. Umesh Kumar Agarwalla has been reappointed as a Whole-time Director for three years, effective April 1, 2026.
• Mr. Udit P. Sanghai has been reappointed as a Whole-time Director for three years, effective January 1, 2026.

Future Outlook

While PQIF has shown resilience in its profitability, the company will need to address the significant decline in revenue. The diverse operations across multiple segments provide potential for growth, but the company will need to focus on reversing the revenue decline while maintaining its improved profitability.

Investors and stakeholders will be watching closely to see how Polo Queen Industrial and Fintech navigates the current market conditions and leverages its multi-segment strategy to drive sustainable growth in the coming quarters.