TPL Plastech Reports 17% Revenue Growth in Q1, Schedules AGM for September 7 days ago
TPL Plastech Limited announced robust Q1 financial results with consolidated revenue up 17.2% to Rs 904.10 crore, driven by 20% volume growth. EBITDA increased 17% to Rs 100.40 crore, maintaining an 11.1% margin. PAT rose 22.1% to Rs 54.70 crore. The company's growth was supported by demand from chemicals and pharmaceuticals sectors, with its new Dahej facility contributing significantly. TPL Plastech aims for 15% annual volume growth and plans further capacity expansion. The company also targets 75% green energy usage within two years and has scheduled its AGM for September 9.
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