Polylink Polymers Reports 74.3% Decline in Q3 FY26 Net Profit to ₹24.30 Lakhs
Polylink Polymers (India) Limited announced Q3 FY26 results showing net profit decline of 74.3% to ₹24.30 lakhs amid challenging market conditions. Revenue from operations fell 9.3% to ₹2,017.14 lakhs while nine-month performance showed similar declining trends with net profit down 72.5% to ₹61.31 lakhs.
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Polylink Polymers (India) Limited announced its unaudited financial results for the third quarter of FY26, reporting a significant 74.3% decline in net profit to ₹24.30 lakhs. The polymer manufacturing company's results for the quarter ended December 31, 2025, reflect challenging market conditions impacting overall profitability.
Financial Performance Overview
The company's quarterly performance showed a notable downturn across key financial metrics during Q3 FY26:
| Metric | Q3 FY26 | Q3 FY25 | Change (%) |
|---|---|---|---|
| Revenue from Operations | ₹2,017.14 lakhs | ₹2,222.86 lakhs | -9.3% |
| Total Income | ₹2,048.27 lakhs | ₹2,255.30 lakhs | -9.2% |
| Net Profit | ₹24.30 lakhs | ₹94.70 lakhs | -74.3% |
| Basic EPS | ₹0.11 | ₹0.43 | -74.4% |
Quarterly Results Analysis
Revenue from operations declined to ₹2,017.14 lakhs in Q3 FY26 from ₹2,222.86 lakhs in the corresponding quarter of the previous year. Other operating income increased to ₹27.51 lakhs from ₹19.26 lakhs, while other income decreased to ₹3.82 lakhs from ₹13.18 lakhs in Q3 FY25.
The company's cost structure showed mixed trends during the quarter. Cost of materials consumed decreased to ₹1,548.81 lakhs from ₹1,851.04 lakhs year-on-year. However, employee benefits expense rose to ₹119.80 lakhs from ₹107.71 lakhs, and finance costs increased significantly to ₹13.91 lakhs from ₹7.71 lakhs in Q3 FY25.
Nine-Month Performance
For the nine-month period ended December 31, 2025, the company's performance showed similar declining trends:
| Parameter | 9M FY26 | 9M FY25 | Change (%) |
|---|---|---|---|
| Revenue from Operations | ₹6,213.54 lakhs | ₹6,666.20 lakhs | -6.8% |
| Total Income | ₹6,329.73 lakhs | ₹6,743.97 lakhs | -6.1% |
| Net Profit | ₹61.31 lakhs | ₹223.28 lakhs | -72.5% |
| Basic EPS | ₹0.28 | ₹1.01 | -72.3% |
Total expenses for the nine-month period amounted to ₹6,253.56 lakhs compared to ₹6,434.08 lakhs in the previous year, representing a decrease of 2.8%.
Operational Highlights
The company operates in the manufacture and sale of polymeric compounds as its single business segment. Depreciation and amortisation expense increased to ₹39.00 lakhs in Q3 FY26 from ₹25.64 lakhs in Q3 FY25. Power and fuel costs decreased to ₹65.18 lakhs from ₹74.74 lakhs year-on-year.
Other expenses declined to ₹216.71 lakhs in Q3 FY26 from ₹225.73 lakhs in the corresponding quarter of the previous year. The company maintained its paid-up equity share capital at ₹1,105.58 lakhs with a face value of ₹5 per share.
Corporate Governance and Board Approval
The unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on February 6, 2026. The meeting commenced at 11:00 a.m. and concluded at 11:36 a.m. Statutory auditors K.N. Gutgutiya & Co. conducted a limited review of the financial results and issued an unmodified review report.
The results have been prepared in accordance with Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 2013, and comply with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has also made the results available on its website at www.polylinkpolymers.com .
Historical Stock Returns for Polylink Polymers
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +9.01% | +3.49% | +5.91% | -20.37% | -38.53% | +38.18% |
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