Results Snapshot
YoYQoQ
Figures in Million
Consolidate Quarterly Results
Dec'25
Sep'25
Jun'25
Mar'25
Dec'24
Sep'24
Jun'24
Net Sales
152.02
136.15
145.72
133.34
115.16
112.63
121.39
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
152.02
136.15
145.72
133.34
115.16
112.63
121.39
Raw Material Cost
0.00
8.81
8.74
8.50
71.74
69.80
72.13
Purchase of Finished goods
0.00
0.00
0.00
0.00
0.00
0.00
0.00
(Increase) / Decrease In Stocks
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Employee Cost
0.00
45.94
46.02
43.60
0.00
0.00
0.00
Power Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Manufacturing Expenses
1.63
1.16
0.91
1.09
4.59
0.78
0.84
Selling and Distribution Expenses
0.00
24.14
23.64
23.62
0.42
0.08
-0.14
Other Expenses
11.25
1.18
1.35
1.05
3.78
0.71
1.46
Total Expenditure (Excl Depreciation)
114.12
91.83
92.85
87.36
114.58
77.81
87.45
Operating Profit (PBDIT) excl Other Income
37.9
44.3
52.9
46
0.6
34.8
33.9
Other Income
0.00
4.98
6.50
5.82
36.13
5.00
4.43
Operating Profit (PBDIT)
0.00
58.80
68.83
60.53
45.15
47.53
46.11
Interest
0.00
1.16
0.91
1.09
4.59
0.78
0.84
Exceptional Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Gross Profit (PBDT)
136.90
117.84
127.52
116.10
34.98
35.13
41.52
Depreciation
0.00
9.50
9.46
8.74
8.45
7.70
7.74
Profit Before Tax
40.71
48.14
58.45
50.71
32.12
39.05
37.53
Tax
11.62
10.81
12.10
10.22
2.24
8.42
8.24
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
0.00
49.17
57.67
50.50
39.85
41.96
39.75
Extraordinary Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Net Profit
0.00
49.17
57.67
50.50
39.85
41.96
39.75
Share in Profit of Associates
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Minority Interest
1.33
0.66
0.27
0.31
-0.15
0.19
0.01
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
39.01
49.84
57.95
50.82
39.70
42.15
39.76
Equity Capital
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Face Value
0.0
1.0
1.0
1.0
1.0
1.0
1.0
Reserves
1,131.33
1,092.79
1,042.99
1,116.96
1,066.10
1,026.30
984.07
Earnings per share (EPS)
0.0
1.17
1.37
1.2
0.95
1.0
0.95
Diluted Earnings per share
0.0
1.17
1.37
1.2
0.95
1.0
0.95
Operating Profit Margin (Excl OI)
0.0%
32.55%
36.28%
34.48%
0.5%
30.92%
27.96%
Gross Profit Margin
26.78%
42.34%
46.6%
44.58%
35.22%
41.5%
37.29%
PAT Margin
0.0%
36.12%
39.58%
37.88%
34.6%
37.26%
32.75%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Quarterly Analysis Highlights - QoQ
Net Sales
QoQ Growth in quarter ended Dec 2025 is 11.60% vs -6.52% in Sep 2025
Consolidate Net Profit
QoQ Growth in quarter ended Dec 2025 is -21.69% vs -13.99% in Sep 2025
Operating Profit (PBDIT) excl Other Income
QoQ Growth in quarter ended Dec 2025 is -100.00% vs -13.64% in Sep 2025
Interest
QoQ Growth in quarter ended Dec 2025 is -100.00% vs 33.33% in Sep 2025
Operating Profit Margin (Excl OI)
QoQ Growth in quarter ended Dec 2025 has fallen from Sep 2025
Compare Quarterly Results Of Gielda Papierow Wartosciowych w Warszawie SA With
Figures in Million
Consolidate Quarterly Results
Change(PLN)
Change(%)
Net Sales
152.02
639.08
-487.06
-76.21%
Other Operating Income
0.00
0.00
0.00
Total Operating income
152.02
639.08
-487.06
-76.21%
Raw Material Cost
0.00
56.94
-56.94
-100.00%
Purchase of Finished goods
0
0
0.00
(Increase) / Decrease In Stocks
0
0
0.00
Employee Cost
0.00
115.16
-115.16
-100.00%
Power Cost
0
0
0.00
Manufacturing Expenses
1.63
0.37
1.26
340.54%
Selling and Distribution Expenses
0.00
225.95
-225.95
-100.00%
Other Expenses
11.25
1.36
9.89
727.21%
Total Expenditure (Excl Depreciation)
114.12
412.03
-297.91
-72.30%
Operating Profit (PBDIT) excl Other Income
37.89
227.05
-189.16
-83.31%
Other Income
0.00
-6.21
6.21
100.00%
Operating Profit (PBDIT)
0.00
227.85
-227.85
-100.00%
Interest
0.00
0.37
-0.37
-100.00%
Exceptional Items
0.00
0.00
0.00
Gross Profit (PBDT)
136.90
575.13
-438.23
-76.20%
Depreciation
0.00
7.01
-7.01
-100.00%
Profit Before Tax
40.71
220.46
-179.75
-81.53%
Tax
11.62
39.54
-27.92
-70.61%
Provisions and contingencies
0
0
0.00
Profit After Tax
0.00
180.90
-180.90
-100.00%
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0
0
0.00
Other Adjustments
0
0
0.00
Net Profit
0.00
180.90
-180.90
-100.00%
Share in Profit of Associates
0
0
0.00
Minority Interest
1.33
0.02
1.31
6,550.00%
Other related items
0.00
0.00
0.00
Consolidated Net Profit
39.01
180.92
-141.91
-78.44%
Equity Capital
0
0
0.00
Face Value
0.00
0.05
0.00
Reserves
1,131.33
1,999.64
-868.31
-43.42%
Earnings per share (EPS)
0.00
1.54
-1.54
-100.00%
Diluted Earnings per share
0.00
1.54
-1.54
-100.00%
Operating Profit Margin (Excl OI)
0.00%
35.53%
0.00
-35.53%
Gross Profit Margin
26.78%
35.59%
0.00
-8.81%
PAT Margin
0.00%
28.31%
0.00
-28.31%
Public Share Holdings (%)
0%
0%
0.00
0.00%
Pledged Promotor Holding (%)
0%
0%
0.00
0.00%
Quarterly - Net Sales
Net Sales 15.20 Million
in Dec 2025Figures in Million
QoQ Growth in quarter ended Dec 2025 is 11.60% vs -6.52% in Sep 2025
YoY Growth in quarter ended Dec 2025 is 31.94% vs -2.70% in Dec 2024
Quarterly - Consolidate Net Profit
Consolidate Net Profit 3.90 Million
in Dec 2025Figures in Million
QoQ Growth in quarter ended Dec 2025 is -21.69% vs -13.99% in Sep 2025
YoY Growth in quarter ended Dec 2025 is -1.76% vs -11.78% in Dec 2024
Quarterly - Operating Profit (PBDIT)
No Operating Profit (PBDIT) in the last few periods
Quarterly - Interest
No Interest in the last few periods
Quarterly - Operating Profit Margin (Excl OI)
No Operating Profit Margin (Excl OI) in the last few periods






