Please find enclosed the Newspaper Ad copies of the Financial Results for the Quarter and Year ended 31/03/2025.
Awaiting price reaction for this filing.
Union Quality Plastics Ltd has submitted newspaper copies of its audited financial results for the quarter and full year ended 31st March 2025. The company reported a dramatic turnaround with total income rising to Rs. 604 lakhs in FY25 from just Rs. 6.78 lakhs in FY24. Net profit after tax for FY25 stood at Rs. 375.48 lakhs compared to a loss of Rs. 19.44 lakhs in the previous year. Q4 FY25 showed similar strength with net profit of Rs. 531 lakhs against a loss of Rs. 7.74 lakhs in Q4 FY24. Basic and diluted EPS improved to Rs. 5.42 for FY25 from a negative Rs. 0.28 in FY24. The board approved these results at its meeting held on 30th May 2025.
This represents a remarkable recovery for the company, swinging from losses to substantial profits, which is a positive signal for shareholders. Reserves also improved from negative Rs. 1,212.34 lakhs to negative Rs. 896.26 lakhs, indicating gradual balance sheet strengthening, though the small scale of operations warrants cautious optimism.