HCP Plastene Bulkpack Limited delivered exceptional financial performance in Q3FY26, reporting a remarkable 433% year-on-year increase in net profit to ₹563.00 lakhs for the quarter ended December 31, 2025. The company's revenue from operations more than doubled to ₹7,390.12 lakhs compared to ₹3,503.50 lakhs in the corresponding quarter of the previous year.

Strong Financial Performance Across Key Metrics

The company's financial results demonstrate robust growth across multiple parameters. Total income for Q3FY26 reached ₹7,406.26 lakhs, significantly higher than ₹3,572.58 lakhs in Q3FY25. Profit before tax increased substantially to ₹857.92 lakhs from ₹142.34 lakhs in the previous year quarter.

Nine-Month Performance Shows Consistent Growth

For the nine months ended December 31, 2025, HCP Plastene Bulkpack maintained its strong performance trajectory. Net profit increased to ₹919.40 lakhs from ₹262.63 lakhs in the corresponding period of the previous year. Revenue from operations grew significantly to ₹21,838.55 lakhs compared to ₹8,436.85 lakhs in the nine months ended December 31, 2024.

Segment-Wise Performance Analysis

The company operates primarily through two business segments. The Woven Sacks Division generated revenue of ₹13,430.05 lakhs in Q3FY26 compared to ₹3,449.71 lakhs in Q3FY25. The Label Division contributed ₹111.66 lakhs in revenue during Q3FY26 against ₹53.79 lakhs in the previous year quarter.

For the nine-month period, the Woven Sacks Division recorded revenue of ₹21,659.91 lakhs compared to ₹8,250.36 lakhs in the corresponding period last year. The Label Division generated ₹178.64 lakhs in revenue for the nine months ended December 31, 2025.

Key Management Appointment

Pursuant to Regulation 30 of SEBI Listing Regulations, the Board of Directors approved the appointment of Mr. Rishabh Kumar Jain as Company Secretary and Compliance Officer effective February 10, 2026. The appointment was made based on the recommendation of the Nomination and Remuneration Committee.

Mr. Jain is a Fellow Member of the Institute of Company Secretaries of India and holds a law degree. He brings extensive experience in corporate governance, secretarial matters, and regulatory compliances. He has been associated with reputed organizations including Texmo Pipes and Products Limited, Prataap Snacks Limited, and Flexituff Ventures International Limited. Currently, he serves as Company Secretary of Plastene India Limited.

Dividend Declaration and Corporate Actions

During the quarter ended December 31, 2025, the Board declared an interim dividend of ₹1 per equity share with a face value of ₹10 each for financial year 2025-26. The dividend was paid by December 3, 2025, with an unclaimed amount of ₹1,931 remaining as of the reporting date.

Consolidated Results Reflect Strong Group Performance

On a consolidated basis, the company reported net profit of ₹833.36 lakhs for Q3FY26 compared to ₹219.93 lakhs in Q3FY25. Consolidated revenue from operations reached ₹12,126.89 lakhs against ₹11,937.18 lakhs in the previous year quarter. For the nine months ended December 31, 2025, consolidated net profit stood at ₹2,046.93 lakhs compared to ₹642.81 lakhs in the corresponding period last year.

HCP Plastene Bulkpack Limited has announced the resignation of Ms. Shweta Jhawar from her position as Company Secretary and Compliance Officer, effective January 8, 2026. The company disclosed this development under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Resignation Details

Ms. Shweta Jhawar, holding membership number A46940, submitted her resignation via email dated January 9, 2026. The resignation has been accepted by the company, and she was relieved from her duties as Company Secretary and Compliance Officer with effect from the close of business hours on January 8, 2026.

Regulatory Compliance

The company has fulfilled its disclosure obligations by informing BSE Limited about the resignation. The disclosure was made in accordance with Regulation 30 of the Listing Regulations and SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023.

The formal communication was signed by Prakash Hiralal Parekh, Managing Director (DIN: 00158264), on January 9, 2026. The company expressed gratitude for Ms. Jhawar's contributions during her tenure and extended best wishes for her future endeavors.

Company Response

In the official disclosure, HCP Plastene Bulkpack Limited acknowledged Ms. Jhawar's service and thanked her for her contributions to the company during her tenure. The resignation letter and related documentation have been attached to the regulatory filing as required under the applicable regulations.

The company will need to appoint a new Company Secretary and Compliance Officer to fill the vacant position in compliance with regulatory requirements.