Polyplex Corp PAT up by 36% yoy at Rs305 crore for Q3FY22; stock zooms 2%

16 Feb 2022 , 02:10 PM

Polyplex Corp Ltd. reported its sales revenue at Rs1,746 crore for Q3FY22, registering a growth of 42% yoy, and 13% QoQ. Total revenue for the 9 months ended December 2021 stood at Rs4,726 crore, registering a growth of 31% yoy over the last 9M period.

It reported an 8% yoy surge in its normalized EBITDA at Rs372 crore for the quarter ended December 2021. Its normalized EBITDA for the 9M ended December 2021 declined 1% yoy at Rs973 crore.

The company’s PAT grew by 36% yoy to Rs305 crore for the quarter under review and registered 80% growth over the last quarter. PAT grew by 1% yoy for the 9 months period ended December 2021 as compared to 9M ended December 2020.

EPS improved to Rs55.89 per share, registering growth of 34% yoy.

For the nine months ended December 2021, EPS dipped marginally by 1% to Rs122.01 per share.

At around 2.00 PM, Polyplex Corp Ltd. was trading at Rs2,009, up by Rs40.75 or 2.07% against its previous closing price of Rs1,968.25. It touched day’s high and low of Rs2,020 and Rs1,980.10 so far.