PROMACT PLASTICS Q2 : STANDALONE NET PROFIT TURNAROUND AT RS 0.19 CR (YOY), DOWN 98.9% (QOQ)

Revenue up 65.2% at ₹8.46 Cr (QOQ), up from ₹0.08 Cr a year ago (YOY). Profit before tax at ₹0.19 Cr v loss of ₹0.12 Cr (YOY); Q1 PBT of ₹19.79 Cr included exceptional income of ₹20.94 Cr. Finance costs at ₹0.09 Cr v ₹0.13 Cr (YOY). EPS at ₹0.29 for the quarter v ₹25.26 in Q1, on paid-up capital of ₹6.51 Cr. Impact: Q1 profit was lifted by ₹20.94 Cr exceptional income and ₹1.34 Cr exceptional expense, so the sharp QoQ fall is not operational.

Promact Plastics Ltd

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