Polyspin Exports News

Polyspin Exports Reports Strong Q2 Performance with 65% Jump in Consolidated Net Profit

Polyspin Exports Limited posted consolidated net profit of Rs. 242.00 lakhs for Q2 FY26, up from Rs. 140.09 lakhs in Q1, with revenue from operations at Rs. 5,887.08 lakhs. The company's Board approved quarterly results for the quarter and six months ended September 30, 2025, showing improved profitability from continuing FIBC operations after discontinuing its textile division.

Polyspin Exports Reports 162% Jump in Quarterly Net Profit to Rs 114.15 Lakhs

Polyspin Exports Limited reported unaudited financial results for the quarter ended June 30, 2025. The company's standalone net profit increased significantly to Rs 114.15 lakhs compared to Rs 43.52 lakhs in the previous quarter. Revenue from operations declined to Rs 5,736.20 lakhs from Rs 6,034.63 lakhs in the preceding quarter. On a consolidated basis, net profit reached Rs 140.09 lakhs versus Rs 80.95 lakhs in the previous quarter, including Rs 25.94 lakhs share of profit from associates. The company operates primarily in FIBC Bags, Fabric, Yarn and Multifilament Yarn manufacturing, with Cotton Yarn operations discontinued since June 2023. Basic earnings per share stood at Rs 1.14 for standalone operations and Rs 1.40 on consolidated basis. The Board of Directors approved these results on August 13, 2025.

Polyspin Exports Reports Strong Turnaround with Rs 378.45 Crore Profit in FY25

Polyspin Exports Limited achieved a significant turnaround in FY25, reporting a net profit of Rs 378.45 crore from continuing operations compared to a loss of Rs 246.06 crore in the previous year. The company's revenue increased to Rs 225.14 crore from Rs 202.21 crore, driven by improved price realization and recovery in the US economy. The FIBC bags division performed well with strong export sales of Rs 220.38 crore. The company completed the sale of its textile division machinery and installed a 1.304 MW solar power plant for captive consumption. EBITDA improved substantially to Rs 1,666.27 crore from Rs 296.07 crore in the previous year.