X

Polyplex Corporation Ltd Q3FY24; 80% 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 Q3FY24 of ₹1,496.00 Crores down from ₹1,863.00 Crore year on year, a fall of 19.7%.

Total Expenses for Q3FY24 of ₹1,531.00 Crores down from ₹1,845.00 Crores year on year, a fall of 17.02%.

Consolidated Net Profit of ₹17.00 Crores down 79.76% from ₹84.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.47, down 88.07% from ₹12.32 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