The Company has recommended a final dividend at the rate of 20% i.e Rs.2/- per equity share of Rs. 10 each fully paid up for the Financial Year ended March 31, 2025 which is subject to ....
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Prima Plastics Ltd's board met on May 27, 2025 and approved audited consolidated and standalone financial results for FY ended March 31, 2025 with an unmodified auditor opinion. Standalone revenue rose to Rs. 131.98 crore (from Rs. 119.26 crore) and net profit grew to Rs. 4.19 crore (from Rs. 3.81 crore); consolidated revenue rose to Rs. 193.67 crore (from Rs. 184.14 crore) with net profit of Rs. 21.04 crore (from Rs. 19.85 crore). The board recommended a final dividend of Rs. 2 per share (20%) for FY25, subject to shareholder approval. Promoters Bhaskar M. Parekh (Executive Chairman) and Dilip M. Parekh (Managing Director) were re-appointed for 3 years effective September 1, 2025. New secretarial and internal auditors were also appointed, and the 31st AGM was fixed for August 12, 2025.
Shareholders will receive a Rs. 2 per share dividend (record date August 5, 2025) on approval at the AGM. Standalone results show healthy revenue and profit growth, though standalone operating cash flow turned negative at Rs. (2.35) crore versus Rs. 16.42 crore last year, which is a point worth watching. Consolidated figures are not directly comparable due to a change in joint venture reporting period.