POLYPLEX2024-10-012024-12-31 POLYPLEX2024-10-012024-12-31 POLYPLEX2024-10-012024-12-31in-bse-fin:OneOperatingExpenses01Member POLYPLEX2024-10-012024-12-31in-bse-fin:OneOperatingExpenses02Member POLYPLEX2024-10-012024-12-31in-bse-fin:FourOperatingExpenses01Member POLYPLEX2024-10-012024-12-31in-bse-fin:FourOperatingExpenses02Member POLYPLEX2024-12-31 POLYPLEX2024-10-012024-12-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member POLYPLEX2024-10-012024-12-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member POLYPLEX2024-10-012024-12-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member POLYPLEX2024-10-012024-12-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss02Member POLYPLEX2024-10-012024-12-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member POLYPLEX2024-10-012024-12-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 524051 POLYPLEX NOTLISTED Polyplex Corporation Limited Equity 2024-04-01 2025-03-31 2025-02-14 2025-02-06 INR Lakhs Third quarter 17:06:00 18:28:00 2025-02-14 2025-02-14 Not applicable Single segment Polymeric Films 2024-10-01 2024-12-31 Unaudited Consolidated 17211600000.00 1074500000.00 18286100000.00 10365900000.00 280300000.00 388100000.00 1585200000.00 115200000.00 756100000.00 3379800000.00 16870600000.00 1415500000.00 0.00 1415500000.00 302600000.00 61600000.00 364200000.00 0.00 1051300000.00 0.00 0.00 0.00 0.00 1051300000.00 -1769600000.00 -718300000.00 577700000.00 473600000.00 -267100000.00 -451200000.00 313900000.00 10 18.40 18.40 0.00 0.00 18.40 18.40 Notes to consolidated financial results 1. The above unaudited consolidated financial results of Polyplex Corporation Limited ( the Company ) and its subsidiaries (together referred as the Group ) have been reviewed and recommended by the Audit Committee and approved by the Board of Directors at its meeting held on February 14, 2025. The Joint statutory auditors have carried out Limited Review of above consolidated financial results of the Group. 2. The consolidated financial results have been prepared in accordance with the recognition and measurement principles of Indian Accounting Standards (‘Ind AS’) as notified under section 133 of the Companies Act, 2013 read with the Companies (Indian Accounting Standards) Rules, 2015 as amended. The said consolidated financial results represent the results of Polyplex Corporation Limited ( the Company ) and its subsidiaries (together referred as the Group ) which have been prepared in accordance with Ind AS-110 - Consolidated Financial Statement . 3. The Group's business activities which are primarily engaged in manufacturing of Polymeric films which falls within a single reportable segment as the management of the Group views the entire business activities as one business segment i.e. Polymeric films. Accordingly, there are no additional disclosures to be furnished in accordance with the requitement of Ind AS 108 - Operating Segment with respect to single reportable segment. 4. During the quarter ended December 31, 2024, the Group has recorded MTM loss on derivative financial instruments measured at FVTPL of Rs. 2661 Lakh which is included in other expenses in financial results. However, the Group has recorded MTM gain on derivative financial instruments measured at FVTPL of Rs. 2242 Lakh and Rs. 3245 Lakh for the quarter and period ended September 30, 2024 respectively. Thus, the year to date figures for the period ended December 31, 2024 presented in financial results in respect of MTM gain on derivative financial instruments measured at FVTPL of Rs. 584 Lakh which is included in other income in financial results. 5. Other Income / Expenses include unrealised foreign exchange difference on restatement of long term foreign currency loans. Rs/Lakh Particular Quarter Ended Nine months ended Year ended 31.12.2024 30.09.2024 31.12.2023 31.12.2024 31.12.2023 31.03.2024 In Other Income: 5,822 10,081 - 14,472 - - In Other expense: - - 2,929 - 5,606 7,922 6. The Group is within the scope of the Pillar Two model rules published by the Organisation for Economic Co-operation and Development (OECD). Some subsidiaries operate in countries where Pillar Two legisation has been enacted and is effective for fiscal year beginning on or after April 1, 2024. Management basis of preliminary assessment has concluded that the above would not have any material impact on the consoldiated financial statement of the group. 7. A brownfield BOPET Film Line project with a capacity of 50KTPA by Polyplex USA LLC, another wholly owned subsidiary of Polyplex (Thailand) Public Company Limited (PTL), Thailand, (51% subsidiary of the Company) is progressing satisfactorily as per revised plan. 8. Previous period figures have been regrouped / rearranged wherever considered necessary to make them comparable with current period. For and on behalf of the Board of Directors of Polyplex Corporation Limited Pranay Kothari Whole Time Director Place: Noida Date: February 14, 2025 Single segment 2024-04-01 2024-12-31 Unaudited Consolidated 51456200000.00 1842300000.00 53298500000.00 32722400000.00 917900000.00 -1121400000.00 4555000000.00 349200000.00 2239000000.00 9126900000.00 48789000000.00 4509500000.00 0.00 4509500000.00 727900000.00 117900000.00 845800000.00 0.00 3663700000.00 0.00 0.00 0.00 0.00 3663700000.00 131300000.00 3795000000.00 1991000000.00 1672700000.00 2147800000.00 1647200000.00 313900000.00 10 63.42 63.42 0.00 0.00 63.42 63.42 Other Expenses 2252100000.00 Power and fuel expenses 1127700000.00 Other Expenses 5799700000.00 Power and fuel expenses 3327200000.00 Items that will not be reclassified to statement of Profit or Loss -52100000.00 Items that will not be reclassified to statement of Profit or Loss -58200000.00 -52100000.00 -58200000.00 -700000.00 -1900000.00 Gain on change in fair value of Investment -15100000.00 Exchange differences on translation of foreign operations -1703100000.00 Gain on change in fair value of Investment 51000000.00 Exchange differences on translation of foreign operations 136600000.00 -1718200000.00 187600000.00 0.00 0.00