Deep Polymers Ltd — Results, 19-06-2025: Result

Deep Polymers Limited has announced a board meeting held in which it approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2025. The company reported total income of Rs. 100.91 Cr and profit after tax of Rs. 5.17 Cr (standalone) and Rs. 5.20 Cr (consolidated). However, the statutory auditors issued a qualified opinion citing two main issues: non-provision for doubtful trade receivables worth Rs. 3.17 Cr (legal action underway) and failure to restate foreign currency monetary items as per accounting standards, impacting reported profits and assets. Management remains hopeful of recovery and plans to address foreign currency compliance next year.