Why Did Plastiblends India Experience a 17.7% Drop in Q1 Profit?
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Synopsis
Plastiblends India Limited has reported a significant decline in its financial metrics for Q1 FY26, with net profit and revenue falling sharply year-on-year. Discover the details of this financial downturn and what it means for the company’s future.
Key Takeaways
- Net profit decreased by 17.71% year-on-year.
- Revenue from operations fell by 5.65% YoY.
- Total income dropped by 5.53% compared to the previous year.
- Despite lower expenses, overall profitability was affected.
- Stock performance shows a significant decline over the past year.
Mumbai, July 15 (NationPress) Plastiblends India Limited announced a downturn in its financial results for the quarter ending June 30, 2025 (Q1 FY26), indicating a decline in both profit and revenue compared to the same quarter last year.
The company revealed a net profit of Rs 8.92 crore in Q1, which marks a 17.71 per cent decrease from Rs 10.84 crore recorded in the corresponding quarter of the previous year (Q1 FY25), as noted in its stock exchange report.
Revenue from operations saw a decline of around 5.65 per cent year-on-year (YoY), totaling Rs 199.62 crore, down from Rs 211.57 crore in Q1 FY25.
Additionally, the company’s total income fell by 5.53 per cent, now at Rs 202.14 crore, compared to Rs 213.98 crore in the same period last year.
Despite a reduction in total expenses to Rs 190.25 crore—a 4.58 per cent decrease from Rs 199.37 crore in the previous year—the overall profitability was adversely affected by the drop in revenue and income.
On the stock market, Plastiblends shares ended on a positive note on Tuesday, closing at Rs 203.75, a rise of Rs 3.60 or 1.80 per cent on the National Stock Exchange (NSE).
However, over the last five days, the shares decreased by Rs 5.78 or 2.76 per cent. In the past month, the shares fell by Rs 7.08 or 3.36 per cent, and in the last six months, they dropped by Rs 27.54 or 11.91 per cent. Year-to-date (YTD), the shares experienced a decline of Rs 55.60 or 21.44 per cent, and in the past year, the stock has decreased by Rs 126.20 or 38.25 per cent, as per official data.
Plastiblends India Limited stands as one of India’s premier manufacturers and exporters of colour and additive masterbatches and thermoplastic compounds.
Part of the Kolsite Group, the company provides a diverse array of masterbatches utilized in plastics across various sectors such as agriculture, appliances, and packaging.
Its production facilities are situated in Daman, Roorkee, and Palsana.
Point of View
Plastiblends India Limited's decline in profitability raises questions about the broader economic landscape and market conditions affecting manufacturing sectors. As a key player in the industry, the company's performance reflects not only its internal challenges but also external market dynamics. It's crucial for stakeholders to monitor these trends closely.
NationPress
16/07/2025
Frequently Asked Questions
What caused Plastiblends India’s profit decline?
The profit decline is attributed to a drop in revenue and total income despite a decrease in expenses.
How much did the revenue fall in Q1 FY26?
Revenue fell by approximately 5.65 per cent year-on-year, totaling Rs 199.62 crore.
What are the key products of Plastiblends India?
Plastiblends India is known for manufacturing colour and additive masterbatches and thermoplastic compounds.
How has the stock performance been recently?
While shares closed higher on Tuesday, they've seen declines over the past month and year.
Where are Plastiblends India's manufacturing units located?
The manufacturing facilities are located in Daman, Roorkee, and Palsana.
