Ester Industries Limited — Updates, 22-05-2025: Press Release
22-05-2025 | 10:10 am
22-05-2025 | 10:10 am
Ester Industries has announced a board meeting on the financial results for the quarter and half-year. Standalone revenue rose 23% to Rs. 1085 Cr; EBITDA jumped nearly 5x to Rs. 134 Cr, with PAT turning positive at Rs. 41 Cr from a loss. Consolidated revenue increased 19% to Rs. 1298 Cr, EBITDA surged over 47x to Rs. 164 Cr, and PAT swung to a profit of Rs. 14 Cr. Growth was led by stronger demand and margins in Polyester Films, especially value-added and recycled products, along with robust Specialty Polymers volumes. The JV with Loop Industries remains on schedule.
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