Jindal Poly Films tumbled 8.11% to Rs 661.10 after the company reported a consolidated net loss of Rs 96.63 crore in Q3 FY23 as against a net profit of Rs 217.98 crore in recorded Q3 FY22.
Revenue from operations dropped 34.8% to Rs 886.65 crore in Q3 FY23 from Rs 1,359.18 crore posted in the corresponding quarter previous year.
The company reported a pre tax loss of Rs 129.22 crore in the third quarter as compared with a profit before tax of Rs 304.75 crore registered in Q3 FY22.
The company's revenue from packaging films was at Rs 655.37 crore (down 45.84% YoY) and revenue from Nonwoven fabrics stood at Rs 134 crore (down 10.18% YoY) during the period under review.
Jindal Poly Films is engaged in diverse business activities including manufacturing of polyester film, polypropylene film, steel pipes and photographic products.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Quarterly Starter
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Access to Exclusive Premium Stories
Over 30 subscriber-only stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app