Outcome of the Board Meeting of the Company
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
HCP Plastene Bulkpack Limited's Board approved audited FY2026 results with strong performance. Consolidated revenue grew 27% to Rs 5,875 Crore (from Rs 4,630 Crore), while consolidated PAT surged 116% to Rs 288 Crore (from Rs 133 Crore). Standalone revenue more than doubled to Rs 2,894 Crore with PAT of Rs 172 Crore. Statutory auditors Ashok Dhariwal & Co. issued an unmodified opinion, and M/s S.A. Gadhia & Company was appointed as internal auditor for FY2026-27. The company's Malaysian joint venture 'HCP Plastene Bulkpack Pte Ltd' was dissolved in March 2026 with no residual obligations. The board also adopted updated CSR, Related Party Transaction, and other governance policies.
Strong financial performance with over 2x PAT growth signals operational efficiency gains. The clean audit with unmodified opinion and dissolution of the Malaysian JV without liabilities is positive for investor confidence.