Polyplex Corporation Ltd. saw its stock slide 4.95% to ₹1,076.90 on Tuesday, August 13, after reporting a net loss for the first quarter of FY26. The polyester film manufacturer posted a consolidated net loss of ₹19.31 crore, compared with a profit of ₹53.52 crore in the year-ago quarter.
Q1 FY26 Financial Highlights:
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Net loss: ₹19.31 crore vs profit of ₹53.52 crore YoY
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Revenue from operations: ₹1,739 crore vs ₹1,686 crore YoY
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Other income: ₹29.79 crore, up from ₹25.92 crore in Q1 FY25
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EBITDA impact: Higher costs and foreign exchange factors weighed on margins, turning profitability negative despite revenue growth
The results reflect pressure from increased material costs, currency volatility, and lower margin realisations. Investors reacted sharply, sending the stock to one of the day’s top loser positions on NSE.
