Results - Announcements
Polyspin Exports Ltd share price fell 5.02% to Rs 28.0. The Company's net profit surged by 43.42% to Rs 1.09 crore, while revenue from operations gained significantly 23.41% to Rs 65.58 crore in Q2FY27 over Q2FY26.
The market capitalization of Packaging industry group stocks on BSE stood at Rs 53951.75 crore, rallying 15.58%. It has inched up 2.17% over last one week and dipped slightly by 1.83% in last one month while the market capitalization of Polyspin Exports Ltd has improved by 4.48% and 7.93% in the same period respectively.
Profit before tax (PBT) of Polyspin Exports Ltd stood at Rs 1.58 crore in Q2 FY27, falling 12.71% year-on-year, and expanding by 51.92% quarter-on-quarter. EBITDA came in at Rs 0 crore, crashing by 92.53% YoY and tumbling by 77.23% sequentially.
Total expenses witnessed a sharp rise of 24.57% to Rs 64.79 crore in Q2FY27 over Q2FY26. During the quarter, cost of materials consumed stood at Rs 39.54 crore, inching up 8.42% YoY, while employee benefits expense was at Rs 10.27 crore, rising by 8.56% YoY.
For FY26, revenue from operations tick up 0.28% to Rs 225.76 crore, while net profit saw a marginal increase of 3.27% to Rs 3.79 crore, compared to previous FY. EBITDA soared by 837% to Rs 7.58 crore, and PBT tumbled by 28.89% to Rs 4.8 crore compared to previous FY.
The company's consolidated net cash flow from operating activities stood at Rs 32.4 crore in FY26, as against Rs 9.34 crore in FY25.
Polyspin Exports Ltd crashed 21.63% in last one year, underperforming the benchmark BSE Sensex which has softened by 2.91% during the same period.