BSEPrima Plastics LtdHighNeutral
Announced Tue, 12 Aug · 16:19 IST

Pursuant to Regulation 30 of SEBI LODR Regulation, 2015 we enclose herewith unaudited financial results for Quarter ended June 30, 2025 alongwith independent auditor''s limited review report

Pat Growth 25pctResults View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Prima Plastics Ltd reported Q1 FY26 results (quarter ended June 30, 2025) with an unmodified auditor review from CNK & Associates LLP. Consolidated revenue from operations rose about 15% YoY to Rs. 4,713.52 lakhs, PBT improved ~24% to Rs. 575.31 lakhs, but profit attributable to owners dipped to Rs. 317.92 lakhs from Rs. 376.37 lakhs. Standalone posted a sharp turnaround, swinging from a loss of Rs. 71.02 lakhs in Q1 FY25 to a net profit of Rs. 571.85 lakhs in Q1 FY26, on revenue of Rs. 2,940.95 lakhs. Standalone 'Other Income' jumped unusually from Rs. 4.38 lakhs to Rs. 834.07 lakhs, which is a significant anomaly worth monitoring. Separately, the demerger of the Rotational Moulding business into wholly-owned subsidiary Prima Innovation Limited is progressing, with NCLT-convened shareholder and creditor meetings set for September 27, 2025.

Likely market impact

The standalone turnaround is positive for shareholders, though the consolidated attributable profit dipped slightly and the sharp jump in standalone other income needs scrutiny. Investors should also watch the upcoming demerger vote, as it will reshape the company's structure.