Polyspin exports Limited has announced a key senior management appointment, bringing experienced leadership to strengthen its marketing operations. The company's Board of Directors approved the appointment of Mr. S. Pasupathy as President – Marketing & Advisor on March 10, 2026, effective from March 16, 2026.

Board Approval and Regulatory Compliance

The appointment was formalized through a Circular Resolution passed by the Board of Directors on March 10, 2026, at 2.00 P.M (IST). The decision was made based on the recommendation of the Nomination and Remuneration Committee, ensuring proper governance protocols were followed.

The appointment has been disclosed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, in compliance with regulatory requirements for changes in senior management personnel.

Professional Background and Experience

Mr. S. Pasupathy brings substantial industry experience to his new role at Polyspin Exports Limited. He holds a Bachelor's Degree in Commerce and has built his career over 33 years of extensive experience in the packaging industry.

Key Achievements and Expertise

Throughout his career at Karur KCP Packagings Limited, Mr. Pasupathy has demonstrated strong leadership capabilities across multiple areas:

• Handling various projects across different business verticals
• Leading several marketing initiatives to drive business growth
• Implementing numerous developmental measures to enhance operational efficiency
• Managing commercial operations with proven track record

His extensive experience in the packaging industry aligns well with Polyspin Exports Limited's business operations as a 100% Export Oriented Unit (EOU) specializing in packaging solutions.

Strategic Importance

The appointment of Mr. Pasupathy as President – Marketing & Advisor reflects the company's focus on strengthening its marketing capabilities and leveraging experienced leadership to drive growth initiatives. His classification as Senior Management Personnel underscores the strategic importance of this role within the organization's leadership structure.

The company has confirmed that there are no relationships between directors that require disclosure under regulatory requirements, maintaining transparency in corporate governance practices.

Polyspin Exports Limited 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, which commenced at 11:00 AM and concluded at 11:40 AM.

Standalone Financial Performance

The company's standalone operations showed mixed performance during the third quarter of FY26. Revenue from operations declined to ₹5,379.25 lakhs compared to ₹5,460.60 lakhs in the corresponding quarter of the previous year, representing a decrease from the prior year period.

Despite the revenue decline in the quarter, the company managed to improve its profitability. Net profit after tax from continuing operations increased significantly to ₹60.60 lakhs in Q3 FY26 from ₹30.86 lakhs in Q3 FY25. This improvement in profitability was reflected in the basic earnings per share, which rose to ₹0.61 from ₹0.31 in the corresponding previous quarter.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, Polyspin Exports demonstrated stronger performance. Revenue from operations increased to ₹17,002.53 lakhs compared to ₹16,479.21 lakhs in the corresponding nine-month period of the previous year. Total income for the nine months reached ₹17,256.73 lakhs, up from ₹16,778.18 lakhs in the previous year.

The company's profitability remained stable during the nine-month period, with net profit after tax from continuing operations at ₹339.69 lakhs compared to ₹334.93 lakhs in the previous year. Basic earnings per share for the nine months stood at ₹3.40, marginally higher than ₹3.35 in the corresponding period of FY25.

Consolidated Results and Associate Contribution

The consolidated financial results showed similar trends to the standalone performance. For Q3 FY26, consolidated total income was ₹5,461.92 lakhs, while net profit after tax from continuing operations was ₹49.40 lakhs. However, the consolidated results benefited significantly from the share of profit from associates.

The associate company contribution added ₹75.20 lakhs to the quarterly profit and ₹178.21 lakhs to the nine-month profit, significantly enhancing the consolidated earnings per share to ₹5.07 for the nine-month period.

Regulatory Compliance and Public Disclosure

Polyspin Exports has fulfilled its regulatory obligations under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company published newspaper advertisements of its financial results in Business Line (English) and Dinamalar (Tamil) newspapers on February 14, 2026, in compliance with Regulation 47.

The advertisements include Quick Response Codes and weblinks to access complete financial results, ensuring transparency and easy access for stakeholders. Company Secretary and Compliance Officer A. Emarajan communicated the compliance details to BSE Limited on February 14, 2026.

Operational and Financial Position

The company continues to focus on its FIBC (Flexible Intermediate Bulk Container) operations after discontinuing its textile division during the second quarter of FY25. All assets of the textile division have been completely disposed of, and the company no longer reports segment-wise performance as per IND AS 108.

Polyspin Exports has adopted the concessional income tax rate of 22% plus applicable surcharge and cess as per Section 115BAA. The company maintained a stable capital structure with paid-up equity share capital of ₹500.00 lakhs, consisting of shares with a face value of ₹5 each. Standalone networth increased to ₹5,819.64 lakhs as of December 31, 2025, compared to ₹5,331.94 lakhs in the previous year.