Jumbo Bag has announced plans to dismantle its Unit-2 production facility in response to a vacate notice received from the landlord. The company, which operates the unit on leasehold property, is taking proactive steps to ensure a smooth transition without disrupting its operations.

Relocation Plan

According to the company's official statement, Jumbo Bag is making necessary arrangements to relocate all material and machinery from Unit-2 to alternative locations. The management has emphasized that this move will not have any material adverse effect on the company's overall operations or financial performance.

Regulatory Compliance

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Jumbo Bag has formally notified the BSE Limited about this development. The company's disclosure aims to keep stakeholders informed about the changes in its operational setup.

Management's Assurance

Sunil Kumar Alluri, Company Secretary of Jumbo Bag, signed the official intimation to the stock exchange. The management has assured stakeholders that the relocation process is being managed to minimize any potential disruptions to the company's production capabilities.

Investor Impact

While the news of relocating a production unit might typically raise concerns among investors, Jumbo Bag's management has explicitly stated that this event will not adversely affect the company's operations or financials. This reassurance is likely to help maintain investor confidence during the transition period.

The company's proactive approach in managing this situation and its transparent communication with stakeholders demonstrate its commitment to maintaining operational efficiency and regulatory compliance. As Jumbo Bag moves forward with its relocation plans, investors and market observers will likely keep a close eye on any updates regarding the new facility location and the smooth continuation of production activities.

Jumbo Bag , a leading manufacturer of flexible intermediate bulk containers (FIBC), has reported a significant improvement in its financial performance for the fiscal year 2024-25. The company's net profit after tax surged by 172.30% to ₹323.71 lakhs, compared to ₹118.88 lakhs in the previous year.

Financial Highlights

• Total Revenue: Grew by 20.20% to ₹12,672.49 lakhs
• Profit Before Tax (PBT): Increased to ₹496.34 lakhs from ₹137.75 lakhs
• Export Sales: Reached ₹4,941.59 lakhs, up from ₹2,747.48 lakhs
• Total Assets: Stood at ₹10,197.41 lakhs
• Net Worth: Improved to ₹3,728.57 lakhs

Segment Performance

Jumbo Bag operates in two segments:

1. Manufacturing: Generated revenue of ₹12,166.12 lakhs
2. Trading: Contributed ₹506.37 lakhs to total revenue

Export Growth

The company's export sales showed remarkable growth, demonstrating its growing international presence and competitiveness in the global market.

Management Commentary

G.S. Anil Kumar, Managing Director of Jumbo Bag, commented: "We are pleased with our performance in FY2024-25, which reflects our focus on operational efficiency and market expansion. Despite global challenges, we have seen significant growth in both domestic and export markets. We remain committed to improving our financial performance and creating value for our shareholders."

Future Outlook

• The 35th Annual General Meeting is scheduled for September 4, 2025
• Key agenda items include appointing G.S. Srinivas as a regular director and approving secretarial auditors for a 5-year term
• The company has 235 permanent employees as of March 2025

Jumbo Bag's improved financial performance and strategic initiatives position it well for sustained growth in the coming years.