Polylink Polymers India Ltd Q3 FY2024 net profit higher at Rs. 45.38 lakhs

POLYLINK POLYMERS (INDIA) LTD. has reported Standalone financial results for the period ended December 31, 2023.

Financial Results (Q3 FY2024) - QoQ Comparison

The company has reported total income of Rs. 18.9661 crores during the period ended December 31, 2023 as compared to Rs. 17.4758 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 0.4538 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 0.2131 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 0.21 for the period ended December 31, 2023 as compared to Rs. 0.10 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 18.9661 crs	₹17.4758 crs	8.53%
Net Profit	₹0.4538 crs	₹0.2131 crs	112.95%
EPS	₹0.21	₹0.10	110.00%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 18.9661 crores during the period ended December 31, 2023 as compared to Rs.10.9589 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.0.4538 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.0.0040 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.0.21 for the period ended December 31, 2023 as compared to Rs.0.002 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 18.9661 crs	₹10.9589 crs	73.07%
Net Profit	₹0.4538 crs	₹0.0040 crs	11,245.00%
EPS	₹0.21	₹0.002	10,400.00%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.52.4569 crores during the 9 Months period ended December 31, 2023 as compared to Rs.36.5632 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.0.9420 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.0.2526 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.0.43 for the 9 Months period ended December 31, 2023 as compared to Rs.0.11 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹52.4569 crs	₹36.5632 crs	43.47%
Net Profit	₹0.9420 crs	₹0.2526 crs	272.92%
EPS	₹0.43	₹0.11	290.91%

Shares of POLYLINK POLYMERS (INDIA) LTD. was last trading in BSE at Rs. 35.53 as compared to the previous close of Rs. 34.28. The total number of shares traded during the day was 94808 in over 218 trades.

The stock hit an intraday high of Rs. 35.98 and intraday low of 33.01. The net turnover during the day was Rs. 3322349.00.

Source : Equity Bulls

Keywords

PolylinkPolymersIndia Q3FY24 9MFY24 ResultUpdate