Pet Plastics Ltd — Updates, 30-05-2025: Company Update

Pet Plastics Limited has announced a board meeting outcome approving the audited standalone and consolidated financial results for the quarter and year ended March 31, 2025, with the auditors issuing an unmodified opinion. The company reported standalone net profit of ₹75.68 lakh and consolidated net profit of ₹24.51 lakh for the year. Key highlights include merchant trading sales of ₹366.97 lakh and purchases of ₹449.67 lakh. Cash and cash equivalents increased significantly to ₹65.60 lakh at year-end. The board accepted the resignation of Independent Director Mr. Santosh Shahadeo Unmegh and appointed Mr. Harshad Narsinhbhai Patel as Additional Independent Director and Mr. Abhinath Shinde as Additional Managing Director, both subject to shareholder approval.