Plastiblends India Reports Mixed Q4 Results Amid Global Challenges
Plastiblends India Ltd announced its Q4 and FY25 financial results, showing a mixed performance. Q4 net profit decreased to ₹95.70 crore from ₹107.40 crore year-over-year, while revenue remained stable at ₹1,991.60 crore. For FY25, revenue slightly decreased to ₹7,804.50 crore, with net profit down 3.14% to ₹334.40 crore. The company declared a dividend of ₹2.50 per share, lower than the previous year. Despite challenges, Plastiblends maintains a strong financial position with ₹322.80 crore invested in mutual funds and continues to focus on sustainability initiatives.