Virgo Polymers to Consider Q2 FY27 Results on November 12

Virgo Polymers (India) Limited will consider its unaudited Q2 FY27 results for the quarter ended September 30, 2026, at a board meeting on November 12, after its Q1 operating revenue declined 47% year-on-year to ₹8.43 crore. The results will be considered along with the statutory auditors' Limited Review Report.

When will Virgo Polymers announce Q2 FY27 results?

Virgo Polymers has scheduled a meeting of its Board of Directors for Thursday, November 12, 2026, to consider, review and approve unaudited financial results for the quarter and half year ended September 30, 2026. The company disclosed the meeting plan in an intimation dated November 6 under Regulation 29 of the SEBI Listing Obligations and Disclosure Requirements regulations.

The agenda also includes consideration of the Limited Review Report to be issued by the company's statutory auditors. A limited review is the review procedure applicable to quarterly unaudited results of listed companies. The filing does not disclose Q2 FY27 revenue, profit, expenses or earnings per share ahead of the meeting.

The company has stated that the trading window for insiders will remain closed until 48 hours after the financial results are announced. This restriction applies around the release of unpublished price-sensitive information and is part of listed-company insider-trading compliance requirements.

What will the November 12 board meeting cover?

The November 12 meeting will cover the approval of Virgo Polymers' standalone unaudited financial results for Q2 FY27 and the first half of FY27. The reported period runs from July 1 through September 30, 2026, while the half-year period covers April 1 through September 30, 2026.

Investors will look for the company’s revenue from operations, other income, expense profile, profit before tax, net profit and earnings per share. None of these Q2 figures were included in the board-meeting intimation, so any financial assessment of the September quarter must wait for the approved results and accompanying limited review.

The company's previous quarterly results were approved in August 2026. At that meeting, the board approved standalone unaudited results for the quarter ended June 30, 2026. Binay Kumar & Co., Chartered Accountants, was also appointed as internal auditor for FY27, replacing DTSB & Associates, which had resigned on July 15, 2026.

How did Virgo Polymers perform in Q1 FY27?

Virgo Polymers reported weaker standalone operating performance in Q1 FY27, with sales falling to ₹8.43 crore from ₹15.92 crore in Q1 FY26. The 47% year-on-year decline in operational revenue led to a 36% fall in total income to ₹12.30 crore from ₹19.24 crore.

Other income was ₹3.87 crore in the June 2026 quarter, compared with ₹3.32 crore a year earlier. This income partly offset the lower operating revenue, but total expenses of ₹12.28 crore left limited room for profit. Profit before tax and net profit were each ₹0.02 crore, or ₹2 lakh, versus net profit of ₹0.07 crore in the corresponding quarter a year earlier.

Basic and diluted earnings per share were ₹0.10 in Q1 FY27, compared with ₹0.20 in Q1 FY26. The operating profit for the June quarter was a loss of ₹3.34 crore, against an operating loss of ₹2.38 crore in the year-earlier quarter. These figures underline the importance of the September-quarter release for assessing whether operating revenue and margins changed after the June quarter.

Why do the Q2 results matter for investors?

The Q2 results matter because they will provide the first updated financial picture after the sharp Q1 decline in sales and profit. Revenue from operations is particularly relevant because Q1 total income included ₹3.87 crore of other income, while core sales were ₹8.43 crore.

The company’s recent quarterly record shows considerable movement in sales and operating profitability. Sales were ₹35.41 crore in the March 2026 quarter before falling to ₹8.43 crore in the June 2026 quarter. Operating profit moved from ₹1.35 crore in March to an operating loss of ₹3.34 crore in June.

For shareholders, the board outcome will clarify whether the June-quarter decline continued into Q2 FY27 or whether operating metrics improved. The filing itself provides no guidance, target or forecast. It only confirms the date, the results agenda and the inclusion of the auditors' limited review.

What should investors monitor in the approved results?

Investors should monitor the relationship between revenue from operations and other income when the approved results are released. A rise in total income has a different implication for operating performance when it comes from sales rather than non-operating income, making the breakdown relevant after Q1.

Expense levels, operating profit or loss, net profit and earnings per share will also be material. In Q1 FY27, total expenses fell from the prior year but remained close to total income, resulting in net profit of only ₹0.02 crore. The half-year numbers will provide a broader view than a single quarter by combining the June and September periods.

The statutory auditors' Limited Review Report will be released with the unaudited results. Investors can also monitor the end of the trading-window closure, which is scheduled for 48 hours after the announcement of the results, as stated in the company’s disclosure.

Conclusion

Virgo Polymers' November 12 board meeting is a scheduled results event rather than a disclosure of Q2 financial performance. The company will place its unaudited September-quarter and first-half FY27 results before the board with the statutory auditors' limited review, following a Q1 in which operating revenue declined 47% to ₹8.43 crore and net profit fell to ₹0.02 crore.

The next confirmed event is the board's consideration of the Q2 FY27 results on November 12, 2026. Investors should watch the approved revenue breakdown, expense trend, profitability and the limited review report, since the company has not provided Q2 figures or forward-looking guidance in its meeting intimation.