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16-May-2024

National Plastic Technologies

PAT up 20.44%


'For the quarter ending March 2024, standalone net sales (including other operating income) of National Plastic Technologies has increased 30.08% to Rs 69.20 crore compared to quarter ended March 2023. Operating profit margin has declined from 9.27% to 8.32%, leading to 16.84% rise in operating profit to Rs 5.76 crore.  Raw material cost as a % of total sales (net of stock adjustments) decreased from 75.75% to 73.72%.   Employee cost increased from 6.02% to 6.08%.   Other expenses rose from 8.90% to 11.98%.   

Other income fell 76.47% to Rs 0.04 crore.  PBIDT rose 13.73% to Rs 5.8 crore.  Provision for interest fell 28.16% to Rs 1.25 crore.  Loan funds rose to Rs 58.82 crore as of 31 March 2024 from Rs 51.46 crore as of 31 March 2023.  Inventories rose to Rs 30.86 crore as of 31 March 2024 from Rs 27.76 crore as of 31 March 2023.  Sundry debtors were higher at Rs 48.71 crore as...



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