Results - Announcements
Polyspin Exports Ltd share price ticked higher by 0.04% to Rs 28.01 after the company's net profit surged by 43.42% to Rs 1.09 crore, while revenue from operations increased sharply by 23.41% to Rs 65.58 crore in Q2FY27 over Q2FY26.
The market capitalization of Packaging industry group stocks on BSE stood at Rs 53942.26 crore, rallying 15.58%. It has inched up 2.03% over last one week and dipped slightly by 0.26% in last one month while the market capitalization of Polyspin Exports Ltd has improved by 3.74% and 0.53% 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, nosediving by 92.53% YoY and tanking 77.23% sequentially.
Total expenses jumped by 24.57% to Rs 64.79 crore in Q2FY27 over Q2FY26. During the quarter, cost of materials consumed stood at Rs 39.54 crore, growing marginally by 8.42% YoY, while employee benefits expense was at Rs 10.27 crore, registering a growth of 8.56% YoY.
For FY26, revenue from operations tick up 0.28% to Rs 225.76 crore, while net profit grew slightly 3.27% to Rs 3.79 crore, compared to previous FY. EBITDA witnessed a strong improvement of 837% to Rs 7.58 crore, and PBT plunged 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 tumbled by 19.97% in last one year, underperforming the benchmark BSE Sensex which has softened by 2.37% during the same period.