The Board of Directors of Gulshan Polyols Limited approved the audited financial results for the quarter and financial year ended March 31, 2026, during their meeting held on May 22, 2026. For the quarter ended March 31, 2026, the company reported revenue from operations of Rs 55,081.84 Lakhs. Compared to the previous quarter (quarter ended December 31, 2025), where revenue was Rs 62,665.18 Lakhs, this represents a decrease of approximately 12.10%. In comparison to the corresponding quarter of the previous year (quarter ended March 31, 2025), which reported revenue of Rs 51,488.19 Lakhs, there was an increase of approximately 6.98%. The company’s net profit for the quarter ended March 31, 2026, stood at Rs 877.51 Lakhs. When compared to the previous quarter’s net profit of Rs 1,053.64 Lakhs, the profit decreased by approximately 16.71%. Against the corresponding quarter of the previous year (March 31, 2025), where the profit was Rs 3,455.31 Lakhs, this represents a decrease of approximately 74.60%.
| Financial Metric | QoQ Change (%) | YoY Change (%) |
|---|---|---|
| Revenue from Operations | -12.10% | +6.98% |
| Net Profit | -16.71% | -74.60% |
Gulshan Polyols Limited, incorporated in 1981 and headquartered in Muzaffarnagar, Uttar Pradesh, is a leading diversified manufacturing company in India. The company specializes in producing grain-based chemicals, bio-fuels, and mineral-based products, operating across three primary segments: Ethanol (Bio-Fuel), Grain Processing, and Mineral Processing. As a key contributor to India’s Ethanol Blending Programme (EBP), the company has significantly expanded its production capacity, including the commencement of operations at its 250 KLPD grain-based ethanol plant in Assam in 2024. The company’s management is led by Dr. Chandra Kumar Jain, Chairman and Managing Director. Recently, in May 2026, the company secured an additional ethanol supply order valued at approximately Rs 18.71 crore from Oil Marketing Companies (OMCs) for the 2025-26 supply year. Additionally, the company announced the appointment of Ms. Reetika Pant as Company Secretary and Compliance Officer, effective May 22, 2026. Famous investors in the company include various promoter trusts, such as the Lotus Holding Trust (Anubha Gupta), Chandra Holding Trust (Aditi Pasari), and Mridula Family Trust (Arushi Jain), each holding approximately 10.79% of the company’s shareholding.
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