Plastiblends India Limited — Board Meeting, 15-07-2025: Outcome of Board Meeting

Plastiblends India's board has approved the financial results for the quarter ended June 30, 2025. Revenue from operations reached Rs 199.63 Cr, a slight sequential increase but down year-on-year. The company noted a slowdown in key sectors like irrigation and agriculture due to muted demand, heavy rainfall, and project delays. Rising power and labour costs also impacted margins. Plastiblends plans significant CAPEX for capacity augmentation (Rs 12.10 Cr) and remains net cash surplus, investing Rs 56 Cr in mutual funds. Management expressed optimism for recovery, driven by new product innovations and regained export market share. Committees were also reconstituted.