GULPOLY2025-10-012025-12-31GULPOLY2025-12-31GULPOLY2025-04-012025-12-31GULPOLY2025-10-012025-12-31in-capmkt:OtherExpenses1MemberGULPOLY2025-04-012025-12-31in-capmkt:OtherExpenses1MemberGULPOLY2025-10-012025-12-31in-capmkt:ReportableSegments1MemberGULPOLY2025-10-012025-12-31in-capmkt:ReportableSegments2MemberGULPOLY2025-10-012025-12-31in-capmkt:ReportableSegments3MemberGULPOLY2025-10-012025-12-31in-capmkt:ReportableSegments4MemberGULPOLY2025-04-012025-12-31in-capmkt:ReportableSegments1MemberGULPOLY2025-04-012025-12-31in-capmkt:ReportableSegments2MemberGULPOLY2025-04-012025-12-31in-capmkt:ReportableSegments3MemberGULPOLY2025-04-012025-12-31in-capmkt:ReportableSegments4MemberGULPOLY2025-10-012025-12-31in-capmkt:ReportableSegments1MemberGULPOLY2025-10-012025-12-31in-capmkt:ReportableSegments2MemberGULPOLY2025-10-012025-12-31in-capmkt:ReportableSegments3MemberGULPOLY2025-10-012025-12-31in-capmkt:ReportableSegments4MemberGULPOLY2025-04-012025-12-31in-capmkt:ReportableSegments1MemberGULPOLY2025-04-012025-12-31in-capmkt:ReportableSegments2MemberGULPOLY2025-04-012025-12-31in-capmkt:ReportableSegments3MemberGULPOLY2025-04-012025-12-31in-capmkt:ReportableSegments4MemberGULPOLY2025-10-012025-12-31in-capmkt:ReportableSegments1MemberGULPOLY2025-12-31in-capmkt:ReportableSegments1MemberGULPOLY2025-10-012025-12-31in-capmkt:ReportableSegments2MemberGULPOLY2025-12-31in-capmkt:ReportableSegments2MemberGULPOLY2025-10-012025-12-31in-capmkt:ReportableSegments3MemberGULPOLY2025-12-31in-capmkt:ReportableSegments3MemberGULPOLY2025-10-012025-12-31in-capmkt:ReportableSegments4MemberGULPOLY2025-12-31in-capmkt:ReportableSegments4MemberGULPOLY2025-10-012025-12-31in-capmkt:ReportableSegments1MemberGULPOLY2025-12-31in-capmkt:ReportableSegments1MemberGULPOLY2025-10-012025-12-31in-capmkt:ReportableSegments2MemberGULPOLY2025-12-31in-capmkt:ReportableSegments2MemberGULPOLY2025-10-012025-12-31in-capmkt:ReportableSegments3MemberGULPOLY2025-12-31in-capmkt:ReportableSegments3MemberGULPOLY2025-10-012025-12-31in-capmkt:ReportableSegments4MemberGULPOLY2025-12-31in-capmkt:ReportableSegments4MemberGULPOLY2025-10-012025-12-31ItemsThatWillNotBeReclassifiedToProfitAndLoss1GULPOLY2025-10-012025-12-31ItemsThatWillNotBeReclassifiedToProfitAndLoss2GULPOLY2025-04-012025-12-31ItemsThatWillNotBeReclassifiedToProfitAndLoss1GULPOLY2025-04-012025-12-31ItemsThatWillNotBeReclassifiedToProfitAndLoss2iso4217:INRiso4217:INRxbrli:shares532457GULPOLYNOTLISTEDINE255D01024GULSHAN POLYOLS LIMITEDMain BoardEquity2025-04-012026-03-312026-02-102026-02-05INRLakhsQuarterlyThird quarterMulti segment2026-02-1015:30:002026-02-1016:30:00Not applicablefalsefalseThe Company has not made any default on Loan and Debt Securities.2025-10-012025-12-31UnauditedStandalone626651800044240006270942000410068200021665000-828390001147960001612030001188950001260864000569526600057567600005756760001191640004746800016663200004090440000000409044000-6330004084110006237100016.566.56006.566.561.The above Unaudited Financial Results for the quarter and nine months ended December 31, 2025 have been reviewed and recommended by the Audit Committee and approved by the Board of Directors at its meetings held on February 10, 2026. 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 Financial Results has 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.Pursuant to the dissolution of foreign subsidiary, Gulshan Overseas – FZCO, Dubai, UAE, the Company ceased to have control over the subsidiary and, accordingly, consolidation has been discontinued. Consequently, the Company has not prepared consolidated financial statements for the quarter and nine months ended 31 December 2025. <BR> <BR> 4.The Company has changed its accounting treatment for recognizing the Government Grant in form of “Interest Subvention scheme (ISS) on Term Loans for setting up of its Ethanol plants” to make it uniform and comparative with accounting treatment of other eligible Grants.Consequently, subsidy of Rs. 536.90 Lakh for the period 01 April, 2025 to 30 September, 2025 has been reversed resulting into decline in profit by the said amount for the quarter and nine months ended 31 December, 2025. <BR> <BR> 5.On 21 November 2025, the Government of India notified the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020 and the Occupational Safety, Health and Working Conditions Code, 2020 (collectively, the “Labour Codes”), consolidate twenty-nine existing labour laws into a unified framework.Based on the management's assessment, the Company has estimated the financial implications including materiality thereof and has made additional provision of Rs 25 Lakh towards gratuity liability. It has been disclosed under "Employee Benefit Expenses" in the financial results for the quarter and nine months ended 31 December, 2025. <BR> <BR> 6.Figures for the previous period have been regrouped/rearranged wherever necessary to make them comparable with current figure. <BR> <BR> 7.The above Unaudited 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. 2025-04-012025-12-31UnauditedStandalone17616034000265960001764263000011467894000749380003762280003360120003235790003384390003725019000166421090001000521000-234800099817300011916400018294200030210600006960670000000696067000116000069722700062371000111.1611.160011.1611.16Other Expenses1260864000Other Expenses3725019000Ethanol(Bio-Fuel)/Distillery4566629000Grain Processing1467103000Mineral Processing232786000Unallocated0Ethanol(Bio-Fuel)/Distillery12463289000Grain Processing4473856000Mineral Processing678889000Unallocated062665180001761603400000626651800017616034000Ethanol(Bio-Fuel)/Distillery712866000Grain Processing-18916000Mineral Processing44252000Unallocated-1323000Ethanol(Bio-Fuel)/Distillery1247927000Grain Processing-68867000Mineral Processing131540000Unallocated13500000736879000132410000016120300032357900002348000575676000998173000Ethanol(Bio-Fuel)/Distillery8572631000Grain Processing3829642000Mineral Processing708445000Unallocated41620000013526918000013526918000Ethanol(Bio-Fuel)/Distillery4072531000Grain Processing1847633000Mineral Processing139139000Unallocated655414000671471700006714717000Gain/(Loss) on equity instruments-628000Gain/(Loss) of defined benefit obligation-127000-755000Gain/(Loss) on equity instruments1685000Gain/(Loss) of defined benefit obligation-3800001305000-12200014500000-6330001160000