X

Polyplex Corporation Ltd Q2FY24; 76% fall in Profits

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 Corporation Ltd reported Revenues for Q2FY24 of ₹1,572.00 Crores down from ₹2,089.00 Crore year on year, a fall of 24.75%.

Total Expenses for Q2FY24 of ₹1,536.00 Crores down from ₹1,927.00 Crores year on year, a fall of 20.29%.

Consolidated Net Profit of ₹48.00 Crores down 76.0% from ₹200.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹8.90, down 75.71% from ₹36.64 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Related Post