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Plastiblends India Ltd has declared a dividend of ₹2.5 per share after announcing its March quarter (Q4 FY25) financial performance. The firm posted consistent operational revenue and a strong net profit, indicating stability in a difficult market scenario.
Brief Introduction
Plastiblends India, a major player in the speciality chemicals industry, revealed its Q4 FY25 results with a dividend declaration, showcasing its dedication to shareholder value despite consistent financial performance.
Dividend Announcement
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Announced a dividend of ₹2.5 per share to shareholders, demonstrating the company's solid history of rewarding investors.
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March Quarter Financial Performance
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Revenue from Operations: ₹1.99 billion (₹199 crore) for the March 2025 quarter, reflecting marginal year-on-year growth.
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Net Profit: ₹95.7 million (₹9.57 crore) for the quarter, representing steady profitability.
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Earnings Per Share (EPS): Basic EPS for the quarter was ₹4.13 in evidence of good earnings for the shareholders.
Operational Metrics
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Expense Management: Overall expenses for the quarter were tightly controlled, with support for the company's net profit margin.
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Profit Margins: The net profit margin for the March quarter was steady, showing operational effectiveness.
Shareholder Value
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The dividend yield of the company is 2.1% as of April 2025, making it attractive to income investors.
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Plastiblends India has a consistent record of paying dividends, with earlier years paying the same or more dividends.
Board and Regulatory Developments
The Board of Directors on April 28, 2025, approved the audited financial performance and recommended the dividend.
Sources: BlinkX, Economic Times, Moneycontrol (Quarterly Results), Business Standard
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