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Polyplex Corporation LimitedPPTs, 13-11-2024: Investor Presentation

13-11-2024 | 06:07 pm

Polyplex Corporation Limited has shared its financial results for the quarter and half-year ended September 30, 2024. In Q2 FY 24-25, the company reported a sales revenue of INR 1,735 crore ($207 million) and a normalized EBITDA of INR 190 crore ($23 million), reflecting a slight growth in volume despite a temporary interruption in production. Year-on-year comparisons highlight a significant improvement in PAT, assisted by increased demand and better specialty product mix, resulting in an unrealized foreign exchange gain of INR 100.81 crore ($12.04 million) compared to INR 8.57 crore ($1.04 million) in the same quarter last year.

On a half-year basis, revenue was INR 3,416 crore ($409 million), and normalized EBITDA reached INR 395 crore ($47 million), benefiting from improved market conditions and specialty film growth. Polyplex’s diversified product range and commitment to operational efficiency position it well for sustained growth, with upcoming capacity expansions anticipated to further support revenue generation. The company maintains a positive outlook, particularly in its specialty and differentiated product segments, essential for navigating market fluctuations.

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