Outcome of the Board Meeting held on 06-02-2026. as per the enclosed letter
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Awaiting price reaction for this filing.
The Board of Directors of National Plastic Industries Ltd met on 6 February 2026 and approved the unaudited financial results for the quarter and nine months ended 31 December 2025. The company, which manufactures plastic moulded and extruded articles and PVC mats, reported total income of Rs 3,133.22 lakhs for Q3 FY26 (vs Rs 2,798.02 lakhs in Q3 FY25), a rise of about 12%. Net profit for Q3 came in at Rs 203.72 lakhs (vs Rs 146.95 lakhs YoY), up roughly 39%. For the nine-month period, total income rose to Rs 7,590.92 lakhs and net profit jumped to Rs 451.07 lakhs from Rs 213.07 lakhs in 9M FY25 — more than doubling year-on-year. The statutory auditor, R.S. Prabhu & Associates, issued an unqualified limited review report with no qualifications. The Board also recommended the re-appointment of Mr. Vipul Amul Desai as a Non-Executive Independent Director for a further five years from 11 February 2026, subject to shareholder approval.
This is broadly positive for shareholders — profits have grown sharply on a year-on-year basis, audit is clean with no qualifications, and the director re-appointment is a routine governance step that should not affect the stock materially.