Polyplex Corporation is engaged in manufacturing of BOPP, Blown PP/PE and CPP films used in the flexible packaging industry and in industrial usages like release liners, tapes, labels etc. They have 33 Years Of Experience in Plastic Films. They have 6 Manufacturing Facilities In 5 Countries with Multiple Warehouses & Liaison Offices Worldwide.
Financial Results:
- Polyplex Corp Ltd. reported Total Income for Q4FY23 of ₹ 1,731 Crores up from ₹ 1,947 Crore year on year, a fall of 11%.
- Total Expenses for Q4FY23 of ₹ 1,701 Crores up from ₹ 1,584 Crores year on year, rise of 7%.
- Consolidated Net Profit of ₹ 20 Crores, down 93% from ₹ 304 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹ 2.42, down 96% from ₹ 59.18 in the same quarter of the previous year.