Outcome of Board Meeting-Results
Price
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National Plastic Technologies Ltd (Chennai-based moulded plastic products maker) announced unaudited Q1 FY26 results for the quarter ended 30 June 2025. Total income grew to Rs 7,407.61 lakhs from Rs 6,868.45 lakhs in Q1 FY25, a ~7.9% year-on-year increase. Net profit after tax rose to Rs 222.35 lakhs from Rs 208.52 lakhs (~6.6% YoY), with basic EPS of Rs 3.66. The auditor C.A. Patel & Associates issued an unqualified limited review report. The Board also approved appointment of M/s. P Muthukumaran & Associates as secretarial auditor for 5 years (FY26-FY30), reappointment of Mr. Venkatesan N as Executive Director for 3 years effective April 2026, and the appointment of Mr. Alok Parakh as Non-executive Director replacing Mrs. Manju Parakh who declined reappointment.
Modest top-line growth of ~8% with slightly compressed operating margins (EBITDA margin slipped from ~8.8% to ~8.5% YoY) indicates stable but not spectacular performance. Routine governance changes including director rotation and a new secretarial auditor are unlikely to materially affect shareholders.