Ddev Plastiks Industries Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
DDEVPLSTIK · price
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Ddev Plastiks Industries reported FY 2025-26 results with total income of Rs. 298,142.31 Lacs, up 13.7% from Rs. 262,128.63 Lacs in the previous year. However, revenue from operations declined to Rs. 204,787.27 Lacs from Rs. 260,332.37 Lacs. Profit after tax grew 8.8% to Rs. 20,181.63 Lacs versus Rs. 18,549.69 Lacs. The Board declared a final dividend of 125% (Rs. 1.25 per share), adding to the 50% interim dividend already paid. Operating cash flow remained positive at Rs. 8,451.22 Lacs. The company also received fines from NSE and BSE for not providing prior intimation for the interim dividend declaration. The company plans to diversify into Battery Energy Storage System projects.
Revenue declined year-over-year but profitability improved. The company maintained positive cash flows and declared a higher total dividend (175% combined). The expansion into BESS projects signals a potential new business direction.