HCP Plastene Bulkpack Ltd — Board Meeting, 26-05-2025: Board Meeting

HCP Plastene Bulkpack Limited has announced a board meeting to approve the financial results for the quarter and half-year. The company posted standalone revenue of ₹118.08 Cr and a profit of ₹5.74 Cr for the year ended March 31, 2025, reversing prior losses. Its consolidated revenue stood at ₹463.43 Cr with consolidated profit of ₹13.97 Cr, supported by improved earnings in the Woven Sacks Division. The company appointed BDO India LLP as internal auditor for FY 2025-26 and SCS AND CO. LLP as secretarial auditor for FY 2024-25. It approved disinvestment from its Malaysian subsidiary and plans to increase investment to 70% in Saeed Ghodran Group, Saudi Arabia, alongside starting a new business unit. The audit reports contain unmodified opinions, confirming reliable financial disclosures.