Revision of outcome of Board meeting held on May 26, 2025.
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HCP Plastene Bulkpack Ltd revised its audited financial results for Q4 and FY ended March 31, 2025 after correcting Deferred Tax (Income)/Expense figures originally submitted on May 26, 2025. On a standalone basis, FY25 revenue from operations jumped to ₹11,808.53 lakh from ₹4,554.91 lakh last year, while profit after tax swung to ₹574.37 lakh from a loss of ₹276.37 lakh, with EPS of ₹5.38 versus a negative ₹2.46. On a consolidated basis (including subsidiary K.P. Woven Pvt Ltd), revenue rose to ₹46,343.54 lakh from ₹29,455.55 lakh, and net profit attributable to owners turned to ₹962.56 lakh from a loss of ₹118.67 lakh. The auditor (Ashok Dhariwal & Co.) issued an unmodified and unqualified opinion on both sets of results.
This is largely a corrective filing — the deferred tax revision may slightly tweak bottom-line numbers but the underlying turnaround story remains intact. Shareholders should note strong revenue growth and a return to profitability, though operating cash flow stayed negative on both standalone and consolidated bases, meaning profits are tied up in working capital.