Bhansali Engineering Polymers Ltd , engaged in manufacturing and sale of ABS resins, AES resins, ASA resins, SAN resins, and their alloys for automobiles, home appliances, electronics, healthcare, and kitchenware sectors, reported a decline in profits for Q2FY26.
Financial Highlights:
- Revenues fell 11.44% year-on-year to ₹325 crore from ₹367 crore.
- Total expenses decreased 12.03% to ₹278 crore from ₹316 crore.
- Consolidated net profit declined 13.04% to ₹40 crore from ₹46 crore.
- Earnings per share dropped 12.37% to ₹1.63 from ₹1.86.
The profit reduction was driven by lower sales volumes amid challenging market conditions, despite cost reductions.
Outlook:
Bhansali Engineering Polymers Ltd aims to stabilize operations, enhance product mix, and leverage demand recovery in end-user industries to improve future performance.
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