Ambitious Plastomac Company Limited has announced its audited financial results for the quarter and year ended March 31, 2026. The Board of Directors approved the results during a meeting held on May 20, 2026. The company reported a significant improvement in financial performance for the fiscal year, with net profit rising 92% year-on-year.

Financial Performance for FY26

For the year ended March 31, 2026, the company recorded a total income of ₹1,109.80 lakh, compared to ₹670.99 lakh in the previous year. Net profit for the period stood at ₹15.19 lakh, an increase from ₹7.91 lakh in FY25. The basic earnings per share (EPS) for the year improved to ₹0.26 from ₹0.14 in the corresponding period last year.

The statutory auditors, M/s Fenil P Shah and Associates, issued an audit report with an unmodified opinion on the standalone annual financial results. The auditors noted an improvement in the company's financial performance, resulting in increased profitability. However, they also drew attention to ongoing income tax litigations, the outcome of which is presently uncertain.

Quarterly Results Summary

For the quarter ended March 31, 2026, the company reported a total income of ₹429.78 lakh. Net profit for the quarter was ₹1.74 lakh, compared to ₹3.13 lakh in the same quarter of the previous year. Total expenses for the quarter amounted to ₹426.54 lakh.

Board Decisions and Appointments

In addition to the financial results, the Board approved the re-appointment of M/s. Parthkumar & Associates as Secretarial Auditor and M/s. K. P. Sompura & Co. as Internal Auditor for the fiscal year 2026-27. The trading window closure, implemented earlier for designated persons, will reopen 48 hours after the financial results become generally available to the public.

Ambitious Plastomac Company Limited has announced the resignation of its Company Secretary and Compliance Officer, marking a significant change in the company's key managerial personnel structure.

Resignation Details

Mrs. Hinaben Dharmilkumar Patel (ACS: 69304) submitted her resignation letter on April 14, 2026, from her position as Company Secretary and Compliance Officer. The resignation follows her decision to pursue opportunities outside the organization for professional growth and development.

Regulatory Compliance

The company has fulfilled its regulatory obligations by notifying BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015. The notification includes all required details as per SEBI circulars CIR/CFD/CMD/4/2015 dated September 9, 2015, and SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.

Transition Timeline

Mrs. Patel will continue to serve in her current capacity until April 30, 2026, ensuring a smooth transition of responsibilities. The company's Managing Director, Pinkal R. Patel (DIN: 06512030), signed the official communication to the stock exchange, confirming the acceptance of the resignation.

Company Information

Ambitious Plastomac Company Limited, incorporated in 1992, operates from its registered office in Ahmedabad, Gujarat. The company trades on BSE with scrip code 526439 and maintains its corporate identification number as L25200GJ1992PLC107000.

The resignation represents a routine corporate governance matter, with the company ensuring full compliance with regulatory disclosure requirements. Mrs. Patel expressed gratitude to the Board and fellow members for their support during her tenure and wished the company continued success.