AVI Polymers posts Rs 7 cr profit for Dec quarter; revenue soars to Rs 132 cr

AVI Polymers Ltd, a specialty chemicals company, on Saturday posted a net profit to Rs 7.02 crore for the December quarter of the current financial year on strong growth in revenue in the period. The chemical trading firm had reported a net profit of Rs 2.29 crore in the September quarter and Rs 2.2 lakh in the year-ago period, a statement said. ''Revenue from operations of Rs 132.32 crore in Q3FY26 as against revenue of Rs 29.50 crore in Q2FY26, registering a strong 348 per cent growth Q-o-Q,'' the company said. The micro-cap company said that it has secured BSE's in-principle approval for its Rs 90 crore rights issue. Chintan Patel, Managing Director, AVI Polymers Ltd, said, ''The in-principle approval for the ₹90 crore Rights Issue is a critical milestone and will provide the necessary growth capital to expand volumes, strengthen working capital, and pursue strategic opportunities.''