Polyplex Corporation Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, showcasing contrasting performance between standalone and consolidated operations. The polymeric films manufacturer's results were approved by the Board of Directors on February 13, 2026, following audit committee recommendations.

Standalone Financial Performance

The company's standalone operations faced challenges during Q3 FY26, reporting a significant decline in financial performance compared to the previous year.

For the nine months ended December 31, 2025, standalone revenue from operations declined to ₹109,571 lakh from ₹118,068 lakh in the corresponding period of the previous year. Despite the quarterly loss, the company maintained profitability for the nine-month period with a net profit of ₹3,052 lakh compared to ₹4,042 lakh in the previous year.

Consolidated Operations Show Resilience

The consolidated financial results presented a more positive picture, demonstrating the strength of the company's global operations and diversified portfolio.

The consolidated nine-month performance showed revenue from operations of ₹521,514 lakh compared to ₹514,562 lakh in the previous year, representing a marginal increase. However, net profit for the nine-month period declined significantly to ₹330 lakh from ₹36,637 lakh in the corresponding period of FY25.

Operational Highlights and Challenges

The company's cost structure reflected mixed trends across different expense categories. Material costs remained the largest component, accounting for ₹102,159 lakh in consolidated operations for Q3 FY26. Employee benefit expenses increased to ₹19,978 lakh from ₹15,852 lakh in the corresponding quarter of the previous year, indicating expansion in workforce or wage adjustments.

Other comprehensive income showed significant volatility, with exchange differences on translation of foreign operations contributing ₹8,340 lakh to other comprehensive income during the quarter. This reflects the impact of currency fluctuations on the company's international operations.

Corporate Developments

The company's financial results include several noteworthy corporate developments. The board of directors of a subsidiary company approved the dissolution of PAR LLC during the quarter, with all assets and liabilities recorded at realizable value. The management indicated this dissolution would not have a material impact on the group's consolidated financial statements.

Additionally, the company continues to monitor the implementation of four new Labour Codes notified by the Government of India in November 2025, though the impact on financial results is assessed as not material for the current reporting period.

Segment and Geographic Focus

Polyplex Corporation operates primarily in the polymeric films manufacturing segment, which management views as a single reportable business segment. The company's operations span multiple geographies through its subsidiary network, including entities in Thailand, Singapore, Netherlands, Turkey, Indonesia, and the USA, providing geographic diversification to its revenue streams.

Polyplex Corporation Limited has scheduled a Board of Directors meeting for February 13, 2026, to review and consider the company's unaudited financial results for the third quarter of fiscal year 2026. The meeting will focus on both standalone and consolidated financial results for the quarter ended December 31, 2025.

Meeting Details and Regulatory Compliance

The board meeting has been announced in accordance with Regulation 29 of SEBI (LODR) Regulations, 2015, ensuring compliance with mandatory disclosure requirements for listed companies. The meeting is scheduled to be held on Friday, February 13, 2026.

Stakeholder Communication

Polyplex Corporation Limited has informed both major stock exchanges about the upcoming board meeting through formal communication dated January 29, 2026. The company has addressed the National Stock Exchange of India Limited (NSE) and BSE Limited, where its shares are listed under the symbol POLYPLEX and scrip code 524051 respectively.

The company has also committed to uploading the meeting notice on its official website at www.polyplex.com to ensure transparent communication with all stakeholders, including investors and regulatory authorities.

Corporate Information

The announcement was signed by Ashok Kumar Gurnani, Company Secretary of Polyplex Corporation Limited. The company operates from its corporate office located at B-37, Sector-1, Noida-201301, Distt. Gautam Budh Nagar, Uttar Pradesh, while maintaining its registered office at Lohia Head Road, Khatima - 262308, Distt. Udham Singh Nagar, Uttarakhand.