{"id":142228,"date":"2023-02-17T09:33:51","date_gmt":"2023-02-17T14:33:51","guid":{"rendered":"https:\/\/44.250.171.167\/?p=142228"},"modified":"2023-02-17T09:33:52","modified_gmt":"2023-02-17T14:33:52","slug":"polyplex-corp-limited-q3fy23-earnings-story","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/polyplex-corp-limited-q3fy23-earnings-story\/","title":{"rendered":"Polyplex Corp Limited Q3FY23 Earnings Story"},"content":{"rendered":"\n<p><a href=\"https:\/\/44.250.171.167\/?post_type=post&amp;s=POLYPLEX\">Polyplex Corporation<\/a> primarily deals with the manufacturing of Blown PP\/PE, BOPP, and CPP films which are used in the flexible packaging industry. These also have industrial usages like labels, tapes, release liners, etc. The company has 33 years of experience in the Plastic Films industry.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Financial Results:<\/strong><\/h2>\n\n\n\n<p>In the third quarter of FY23, the company <a href=\"https:\/\/www.bseindia.com\/xml-data\/corpfiling\/AttachHis\/99933993-fb40-465d-a506-4c3e9a69f9e2.pdf\" target=\"_blank\" rel=\"noopener\">reported<\/a> a 6.41 percent YoY increase in net sales or revenue from operations which stood at INR 1863.34 crore. This is in comparison to INR 1751.01 crore reported in the third quarter of FY22. In the quarter ended December 2022, as against INR 1475.08 crore in the year-ago quarter, the company\u2019s net expenses resulted in INR 1844.9 crore.<\/p>\n\n\n\n<p>In the third quarter of GY23, the company\u2019s consolidated net profit suffered a decline of 77.96 percent YoY to stand at INR 38.67 crore as compared to INR 175.46 crore in the year-ago quarter.<\/p>\n\n\n\n<p>The company\u2019s earnings per share in the third quarter of FY23 stood at INR 12.32 as compared to INR 55.89 in the third quarter of FY22.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Polyplex Corporation primarily deals with the manufacturing of Blown PP\/PE, BOPP, and CPP films which are used in the flexible packaging industry. These also have industrial usages like labels, tapes, release liners, etc. The company has 33 years of experience in the Plastic Films industry.&nbsp; Financial Results: In the third quarter of FY23, the company [&hellip;]<\/p>\n","protected":false},"author":1885,"featured_media":135790,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[392,5753,6352],"tags":[11666],"class_list":["post-142228","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings","category-industrials","category-research-summary","tag-polyester"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/skyscrapers-7558938_1920-1.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":142411,"url":"https:\/\/alphastreet.com\/india\/metropolis-healthcare-limited-q3fy23-earnings\/","url_meta":{"origin":142228,"position":0},"title":"Metropolis Healthcare Limited Q3FY23 Earnings","author":"Karan_Singh","date":"February 21, 2023","format":false,"excerpt":"Metropolis Healthcare Limited is among the leading diagnostic companies in India. The company has a great geographical presence across nations including India, the Middle East, Africa, and South Asia. Financial Results: In the third quarter of FY23, the company suffered a drop of 12.77 percent YoY in net profits from\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-1345489729.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-1345489729.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-1345489729.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-1345489729.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":142923,"url":"https:\/\/alphastreet.com\/india\/sanofi-india-limited-q3fy23-earnings-story\/","url_meta":{"origin":142228,"position":1},"title":"Sanofi India Limited Q3FY23 Earnings Story","author":"Karan_Singh","date":"February 27, 2023","format":false,"excerpt":"Sanofi India primarily deals with the Manufacture and sale of pharmaceutical products. Financial Results: The company reported a decline of 2.32% YoY in revenue from operations which stood at INR 671.9 crore in the third quarter of FY23, as compared to INR 687.90 crore in the year-ago quarter. In the\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/nutritional-supplement-2358477_1280-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/nutritional-supplement-2358477_1280-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/nutritional-supplement-2358477_1280-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/nutritional-supplement-2358477_1280-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/nutritional-supplement-2358477_1280-1.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":140917,"url":"https:\/\/alphastreet.com\/india\/united-breweries-reported-a-net-loss-of-inr-1-8-crores-in-q3fy23\/","url_meta":{"origin":142228,"position":2},"title":"United Breweries reported a net loss of INR 1.8 crores in Q3FY23","author":"Chirag Gupta","date":"February 9, 2023","format":false,"excerpt":"Beer maker United Breweries Ltd on Thursday reported a consolidated net loss of INR 1.81 crore in the third quarter ended December 31, 2022 on account of impairment of assets in Tamil Nadu and Andhra Pradesh, besides higher expenses. The company had posted a consolidated net profit of INR 91.02\u2026","rel":"","context":"In &quot;Consumer&quot;","block_context":{"text":"Consumer","link":"https:\/\/alphastreet.com\/india\/category\/consumer-stocks\/"},"img":{"alt_text":"earnings preview","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":141595,"url":"https:\/\/alphastreet.com\/india\/tata-teleservices-reported-a-net-loss-of-inr-280-crores-in-q3fy23\/","url_meta":{"origin":142228,"position":3},"title":"Tata Teleservices reported a net loss of INR 280 crores in Q3FY23","author":"Chirag Gupta","date":"February 14, 2023","format":false,"excerpt":"Tata Teleservices (Maharashtra) narrowed net loss to INR 279.79 crore on year in the fiscal third quarter on the back of lower operating expense, and marginally lower finance costs and depreciation. Net loss for the same quarter last fiscal was INR 302.30 crore. The company, which announced its December quarter\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"earnings preview","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":148326,"url":"https:\/\/alphastreet.com\/india\/polyplex-corp-q4fy23-earnings-story\/","url_meta":{"origin":142228,"position":4},"title":"Polyplex Corp Q4FY23 Earnings Story","author":"Karan_Singh","date":"June 2, 2023","format":false,"excerpt":"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 &\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/pngtree-cartoon-mobile-phone-online-delivery-express-cart-illustration-png-image_2160013.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/pngtree-cartoon-mobile-phone-online-delivery-express-cart-illustration-png-image_2160013.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/pngtree-cartoon-mobile-phone-online-delivery-express-cart-illustration-png-image_2160013.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":142828,"url":"https:\/\/alphastreet.com\/india\/tridents-q3fy23-net-profit-declines-by-32-percent\/","url_meta":{"origin":142228,"position":5},"title":"Trident&#8217;s Q3FY23 net profit declines by 32 percent","author":"Chirag Gupta","date":"February 27, 2023","format":false,"excerpt":"Textiles firm Trident Ltd reported a 32 per cent decline in consolidated profit after tax to INR 144 crore in the third quarter ended in December 2022. The company had posted a consolidated profit after tax of INR 211 crore in the same quarter previous fiscal, Trident Ltd said in\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"earnings preview","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/142228","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1885"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=142228"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/142228\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/135790"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=142228"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=142228"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=142228"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}