5324572025-07-012025-09-305324572025-09-305324572025-03-315324572025-04-012025-09-305324572025-07-012025-09-30in-capmkt:OtherExpenses1Member5324572025-04-012025-09-30in-capmkt:OtherExpenses1Member5324572025-07-012025-09-30in-capmkt:ReportableSegments1Member5324572025-07-012025-09-30in-capmkt:ReportableSegments2Member5324572025-07-012025-09-30in-capmkt:ReportableSegments3Member5324572025-07-012025-09-30in-capmkt:ReportableSegments4Member5324572025-04-012025-09-30in-capmkt:ReportableSegments1Member5324572025-04-012025-09-30in-capmkt:ReportableSegments2Member5324572025-04-012025-09-30in-capmkt:ReportableSegments3Member5324572025-04-012025-09-30in-capmkt:ReportableSegments4Member5324572025-07-012025-09-30in-capmkt:ReportableSegments1Member5324572025-07-012025-09-30in-capmkt:ReportableSegments2Member5324572025-07-012025-09-30in-capmkt:ReportableSegments3Member5324572025-07-012025-09-30in-capmkt:ReportableSegments4Member5324572025-04-012025-09-30in-capmkt:ReportableSegments1Member5324572025-04-012025-09-30in-capmkt:ReportableSegments2Member5324572025-04-012025-09-30in-capmkt:ReportableSegments3Member5324572025-04-012025-09-30in-capmkt:ReportableSegments4Member5324572025-07-012025-09-30in-capmkt:ReportableSegments1Member5324572025-09-30in-capmkt:ReportableSegments1Member5324572025-07-012025-09-30in-capmkt:ReportableSegments2Member5324572025-09-30in-capmkt:ReportableSegments2Member5324572025-07-012025-09-30in-capmkt:ReportableSegments3Member5324572025-09-30in-capmkt:ReportableSegments3Member5324572025-07-012025-09-30in-capmkt:ReportableSegments4Member5324572025-09-30in-capmkt:ReportableSegments4Member5324572025-07-012025-09-30in-capmkt:ReportableSegments1Member5324572025-09-30in-capmkt:ReportableSegments1Member5324572025-07-012025-09-30in-capmkt:ReportableSegments2Member5324572025-09-30in-capmkt:ReportableSegments2Member5324572025-07-012025-09-30in-capmkt:ReportableSegments3Member5324572025-09-30in-capmkt:ReportableSegments3Member5324572025-07-012025-09-30in-capmkt:ReportableSegments4Member5324572025-09-30in-capmkt:ReportableSegments4Member5324572025-07-012025-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15324572025-07-012025-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss25324572025-04-012025-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15324572025-04-012025-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss25324572025-07-012025-09-30ItemsThatWillBeReclassifiedToProfitAndLoss15324572025-04-012025-09-30ItemsThatWillBeReclassifiedToProfitAndLoss1iso4217:INRiso4217:INRxbrli:shares532457GULPOLYNOTLISTEDINE255D01024GULSHAN POLYOLS LIMITEDMain BoardEquity2025-04-012026-03-312025-11-062025-10-31INRLakhsQuarterlySecond quarterMulti segment2025-11-0615:00:002025-11-0617:00:00trueCash Flow IndirectNot applicable2025-07-012025-09-30UnauditedConsolidated541719300030320005420225000375399200025735000-126939000111531000815470001143010001234319000519448600022573900002257390000682270006822700001575120000000157512000-28790001546330001575120001546330006237100012.532.53002.532.531. The above Unaudited Consolidated Financial Results for the quarter and half year ended September 30, 2025 have been reviewed and recommended by the Audit Committee and approved by the Board of Directors in their respective meetings held on November 06, 2025. These results have been subjected to Limited Review by the Statutory Auditors as required under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and they have expressed an unmodified opinion on the aforesaid results. <BR> <BR> 2. The above Unaudited Consolidated Financial Results have been prepared in accordance with Indian Accounting Standards ("IND AS") prescribed under Section 133 of the Companies Act, 2013 read together with the Companies (Indian Accounting Standards) Rules, 2015 (as amended) and other recognized accounting practices and policies to the extent applicable. <BR> <BR> 3. These Unaudited Consolidated Financial Results have been prepared in accordance with the Companies (Indian Accounting Standard) Rules, 2015 (Ind AS) prescribed under Section 133 of the Companies Act, 2013 and other recognized accounting practices and policies to the extent applicable. The said financial results of the Company and its subsidiary have been prepared in accordance with Ind AS 110 "Consolidated Financial Statements. <BR> <BR> 4. During the quarter ending 30th September 2025, the Holding Company has closed its foreign subsidiary, Gulshan Overseas – FZCO, incorporated in Dubai, UAE. The operations of the subsidiary was discontinued and the entity has been legally dissolved as of 17th October 2025. <BR> <BR> Consequent to the closure, the Group has adjusted its assets and liabilities considering the effect of closer and the same have been appropriately adjusted in the books of the Group. The financial impact arising on such closure has been recognized in the Statement of Profit and Loss under the head “Exceptional Items”, as applicable. <BR> <BR> 5. Figures for the previous period have been regrouped /rearranged wherever necessary to make them comparable with current figure. <BR> <BR> 6. The above Unaudited Consolidated Financial Results of Gulshan Polyols Limited for the above mentioned period are available on our website, www.gulshanindia.com and on the Stock Exchange Website i.e. www.nseindia.com and www.bseindia.com. 2025-04-012025-09-30UnauditedConsolidated113495150002217200011371687000736721200053273000459067000221289000162524000219544000246438800010947297000424390000042439000001354750001354750000288915000000028891500017970002907120002889150002907120006237100014.634.63004.634.63Other Expenses1234319000Other Expenses24643880007057633000441750002690000003990000003408500000227922000262007000013917900075302930002718522000147562000170998400097880002119200000188852600098040007592950005376147000001290644000062371000634140000064037710000640377100013555530000005250000014080530008266000472693000001889012000312287200011431600088763700010019530002825960004407421000206236000000461365700000650266900012906440000Ethanol(Bio-Fuel)/Distillery3865548000Grain Processing1332362000Mineral Processing219283000Unallocated0Ethanol(Bio-Fuel)/Distillery7896659000Grain Processing3006752000Mineral Processing446104000Unallocated054171930001134951500000541719300011349515000Ethanol(Bio-Fuel)/Distillery271527000Grain Processing-6926000Mineral Processing45023000Unallocated-2338000Ethanol(Bio-Fuel)/Distillery535061000Grain Processing-49951000Mineral Processing87289000Unallocated145150003072860005869140008154700016252400000225739000424390000Ethanol(Bio-Fuel)/Distillery8593327000Grain Processing3380352000Mineral Processing618117000Unallocated31464400012906440000012906440000Ethanol(Bio-Fuel)/Distillery4663662000Grain Processing1241252000Mineral Processing95411000Unallocated5023440006502669000065026690001625240001806860001345060000-213450000000-12384190000-48991000021954400000-236000000039470000-1349000000-9300000-629261000-204871000000533700000-25824100000000000300000126409000000000000000000000394700000-122162000000000009020970003438040003300001871100016252400000376728000-36750000-3675000134630009788000Gain/(Loss) on equity instruments-3248000Gain/(Loss) Of defined benefit obligation-127000-3375000Gain/(Loss) on equity instruments2313000Gain/(Loss) Of defined benefit obligation-2530002060000-496000267000Gain/(Loss) on translation of foreign operation00Gain/(Loss) on translation of foreign operation4000400000-28790001797000