Pankaj Polymers Limited, a company listed on the Bombay Stock Exchange (Scrip Code: 531280), has announced significant leadership changes along with its financial results for the first quarter of the fiscal year 2025-26.

Leadership Changes

The company has undergone multiple leadership changes, as disclosed in their recent filings:

1. New Chief Financial Officer: Mr. P. Hari Krishna has been appointed as the new Chief Financial Officer (CFO), effective from August 16, 2025. Mr. Krishna brings 15 years of experience in Finance & Accounts and holds a Post Graduate degree in Business Management with a focus on Finance.

2. Resignation of Previous CFO: Mr. T. Brahmaiah, the previous CFO, has resigned from his position to pursue new career opportunities outside the organization. His resignation was effective from August 6, 2025.

3. New Independent Director: The Board has appointed Mr. Ashutosh Gupta as an Independent Director for a five-year term, from August 6, 2025, to August 5, 2030, subject to shareholder approval. Mr. Gupta holds a Post Graduate degree in Business Management and brings three decades of experience in the Jewellery, Construction, and Electronics sectors.

Q1 Financial Results FY 2025-26

Pankaj Polymers Limited has also released its unaudited financial results for the quarter ended June 30, 2025:

Key observations from the financial results:

• The company has seen a significant increase in revenue from operations, growing by 49.50% year-over-year.
• Despite the revenue growth, the company's losses have widened. The loss for the period increased from Rs. 5.63 lakhs in Q1 FY 2024-25 to Rs. 17.31 lakhs in Q1 FY 2025-26.
• Total expenses have risen by 36.58%, outpacing the growth in total income.

The Board of Directors approved these results at their meeting held on August 6, 2025. The financial statements have been prepared in accordance with Indian Accounting Standards as prescribed under section 133 of the Companies Act, 2013.

Pankaj Goel, Managing Director of Pankaj Polymers Limited, signed off on the regulatory filings. The company's statutory auditors, Luharuka & Associates, have conducted a limited review of these financial results as per SEBI regulations.

Investors and stakeholders can find more detailed information on the company's website at www.pankajpolymers.com .

Pankaj Polymers Limited, a Secunderabad-based company, has reported a significant increase in its net loss for the first quarter. The company's financial results, approved by the board of directors on August 6, reveal a challenging start despite growth in revenue.

Financial Performance

The unaudited financial results for the quarter show:

Pankaj Polymers reported a net loss of Rs 17.31 lakhs for the quarter, a substantial increase from the Rs 5.63 lakhs loss recorded in the same period last year. This represents a 207.5% widening of losses year-over-year.

Revenue Growth and Increased Expenses

Despite the increased losses, the company saw significant growth in its revenue from operations, which rose to Rs 45.97 lakhs from Rs 30.75 lakhs in the previous year's quarter, marking a 49.5% increase. The total income for the quarter also improved, reaching Rs 64.98 lakhs compared to Rs 50.07 lakhs in the previous Q1, a 29.8% growth.

However, the company's expenses outpaced its revenue growth. Total expenses rose to Rs 76.35 lakhs from Rs 55.90 lakhs, a 36.6% increase year-over-year. This surge in expenses contributed to the widened losses for the quarter.

Other Financial Metrics

The earnings per share (EPS) for the quarter stood at negative Rs 0.31, compared to negative Rs 0.10 in the same quarter of the previous fiscal year. The company's paid-up equity share capital remained unchanged at Rs 554.39 lakhs, with a face value of Rs 10 per share.

Board Meeting and Auditor's Review

The financial results were reviewed and recommended by the Audit Committee and subsequently approved by the Board of Directors in a meeting held on August 6. The meeting commenced at 12:00 Noon and concluded at 12:45 p.m.

Luharuka & Associates, Chartered Accountants, conducted a limited review of the unaudited financial results. Their report states that nothing has come to their attention that causes them to believe that the financial results do not present a true and fair view in accordance with applicable accounting standards and other recognized accounting practices and policies.

The company has prepared these financial results in accordance with Indian Accounting Standards as prescribed under section 133 of the Companies Act, 2013, and they are available on Pankaj Polymers' official website.