Polyplex Corporation Limited — Board Meeting, 12-08-2025: Outcome of Board Meeting
12-08-2025 | 10:05 pm
12-08-2025 | 10:05 pm
Polyplex Corporation's board has approved the financial results for the quarter ended June 30, 2025. The company reported consolidated revenue from operations of Rs. 1,738.67 crore. It posted a consolidated net loss attributable to owners of Rs. 19.31 crore, with an EPS of Rs. (6.15). Notably, total comprehensive income stood positive at Rs. 268.67 crore, largely due to foreign exchange translation gains.
Separately, a subsidiary, Polyplex (Thailand), received an arbitration notice from a minority shareholder of EcoBlue Limited to purchase shares for approximately Rs. 345.06 crore. Management is contesting this claim, believing there's no obligation and does not anticipate a material adverse impact.
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