Announced Wed, 13 Aug · 17:54 IST

Outcome of the Board Meeting of the Company held on today i.e. August 13, 2025

Board & Shareholder Meetings View source PDF

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Awaiting price reaction for this filing.

AI summary

Ambitious Plastomac Company Limited announced its unaudited financial results for the quarter ended June 30, 2025. Revenue from operations surged to Rs. 140.55 lakhs, up sharply from Rs. 28.60 lakhs in the same quarter last year. Net profit rose to Rs. 2.47 lakhs versus Rs. 1.81 lakhs in Q1 FY25, with EPS of Rs. 0.04. Total expenses stood at Rs. 137.62 lakhs, leaving a profit before tax of Rs. 2.93 lakhs. The board confirmed no proposal for raising authorised share capital or any fund-raising activity such as preferential issue, QIP, or private placement was considered.

Likely market impact

The stock may see short-term positive reaction due to a nearly 5x year-on-year jump in quarterly revenue, though profitability remains thin and other equity is deeply negative at Rs. (647.73) lakhs, indicating accumulated losses. Investors should note the auditor issued a qualified review report, flagging Rs. 11.47 lakhs of unprovided tax liabilities and interest, which overstates profit by Rs. 6.13 lakhs.