|
PNN
New Delhi [India], August 10: Mitsu Chem Plast Limited (Mitsu) (BSE:540078), One of the largest manufactures of Blow Molding, Injection Molding and Customized Molding, announced its unaudited Financial Results for Q1 FY24. KeyFinancials at a Glance: Q1FY24 * Total Income at Rs 79.99 Cr * EBITDA at Rs 5.03 Cr * EBITDA Margin is 6.31% * PAT at Rs 1.35 Cr * EPS at Rs 1.12 Commenting on the performance, Mr. Jagdish Dedhia, Chairmanof Mitsu ChemPlastLimitedsaid, Q1 FY24 has commenced on a stable note, and our outlook is optimistic due to India's burgeoning role as a manufacturing hub for the pharmaceutical and chemical industries. This trend is expected to drive increased demand for plastic packaging in the foreseeable future. Mitsu's distinctive competence in delivering tailored solutions, high-quality products, and punctual delivery positions us as the preferred plastic packaging partner. These attributes are anticipated to play a pivotal role in fueling our growth throughout FY24. (Disclaimer: The above press release has been provided by PNN. ANI will not be responsible in any way for the content of the same)
|
