Latest news about Polyspin Exports
Polyspin Exports
29.25
-1.44(-4.69%)
Company Performance:
View Company Insights1D-4.69%
1M+13.81%
6M-14.00%
1Y-17.04%
5Y-44.76%
More news about Polyspin Exports
10Mar 26
Polyspin Exports Appoints S. Pasupathy as President – Marketing & Advisor
Polyspin Exports Limited appointed Mr. S. Pasupathy as President – Marketing & Advisor effective March 16, 2026, following Board approval on March 10, 2026. The appointment brings 33 years of extensive commercial experience from Karur KCP Packagings Limited, where he served as General Manager – Commercial from 1992. Mr. Pasupathy holds a Bachelor's Degree in Commerce and has demonstrated expertise in project management, marketing initiatives, and developmental measures, strengthening the company's senior management team.
16Feb 26
Polyspin Exports Reports Q3 FY26 Results with Regulatory Compliance Under SEBI Regulations
Polyspin Exports Limited announced mixed Q3 FY26 performance with standalone revenue declining to ₹5,379.25 lakhs but net profit doubling to ₹60.60 lakhs. The company demonstrated regulatory compliance by publishing financial results in English and Tamil newspapers under SEBI Regulation 47, while consolidated earnings per share reached ₹5.07 for nine months.
27Dec 25
Polyspin Exports Gets Tribunal Order on ₹3.31 Cr Duty Demand Case
Polyspin Exports Limited informed BSE about a tribunal order regarding a ₹3.31 crore duty demand case. The Customs, Excise and Service Tax Appellate Tribunal remanded the case back to the Original Adjudicating Authority for fresh consideration, set aside all imposed penalties, and mandated that the appellant be given sufficient opportunity to be heard. The duty demand relates to raw material consumption above the Standard Input Output Norm fixed by DGGT, spanning from June 2008 to March 2015 across six show cause notices.
14Nov 25
Polyspin Exports Posts Strong Q2 Results with 72% Jump in Consolidated Net Profit
Polyspin Exports Limited has reported impressive Q2 financial results, with revenue from operations reaching Rs. 5,887.08 crore, a 2.63% increase from Q1. The company's consolidated net profit surged by 72.74% quarter-on-quarter to Rs. 242.00 crore. Profit before tax from continuing operations rose by 14.39% to Rs. 180.88 crore. The company's focus on Flexible Intermediate Bulk Container (FIBC) operations, following the discontinuation of its textile division, has contributed to this strong performance. Earnings per share increased to Rs. 2.42, up 72.86% from Q1.
13Aug 25
Polyspin Exports Reports 162% Surge in Q1 Net Profit, Driven by Strong Performance in FIBC Segment
Polyspin Exports Limited reported a significant increase in financial performance for Q1 ended June 30. Standalone net profit rose 162% to Rs 114.15 lakhs from Rs 43.52 lakhs in the previous quarter. Revenue from operations slightly declined to Rs 5,736.20 lakhs. Consolidated net profit reached Rs 140.09 lakhs. FIBC segment profit before tax and finance cost increased to Rs 331.47 lakhs. Basic EPS stood at Rs 1.14 for standalone and Rs 1.40 for consolidated operations. The company discontinued its Cotton Yarn operations in June 2023.
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