Ddev Plastiks Industries Ltd - 543547 - Announcement under Regulation 30 (LODR)-Dividend Updates
The Record date for the purpose of Interim Dividend declared at the Board meeting held on 12.11.2023 has been revised to 24.11.2023. Kindly note the same. Ddev Plastiks Industries Ltd - 543547 - Revision In Record For Interim Dividend Declared At Board Meeting Held On 12.11.2023
Please note that the record date for Interim Dividend of Rs. 0.50p (Fifty paise only) per fully paid up equity share of Re. 1/- each (@50%) declared at the Board Meeting held on 12.11.2023 has been REVISED TO 24.11.2023 Ddev Plastiks Industries Ltd - 543547 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Please find attached the newspaper publication made in respect to Declaration of Interim Dividend and Record Date. However, attention is drawn that the record date has been revised to 24.11.2023 for which subsequent intimation is being provided and newspaper publication being made, copy whereof will also be uploaded. Ddev Plastiks Industries Ltd - 543547 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Please Find Attached the Publication of Un-audited Financial Results for the 02nd Quarter and Half Year ended 30.09.2023 done in Newspapers. Q2FY24 Quarterly & H1FY24 Bi-Annual Result Announced for Ddev Plastiks Industries Ltd.
Plastic Products company Ddev Plastiks Industries announced Q2FY24 & H1FY24 results: Q2FY24: Operating Revenue: Rs 6,423 million, a slight decrease of 0.4% YoY EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization): Rs 658 million, an increase of 78.9% YoY; Margin: 10.2% Profit After Tax (PAT): Rs 423 million, an increase of 125.9% YoY; Margin: 6.5% H1FY24: Operating Revenue: Rs 12,804 million, growth of 8.3% YoY EBITDA: Rs 1,271 million, an upsurge of 86.8% YoY; Margin: 9.8% Profit After Tax (PAT): Rs 801 million, a significant rise of 142.3% YoY; Margin: 6.2% Other Highlights: Domestic Operations: Accounted for 77% of revenue; 15% growth YoY Exports: Made up 23% of revenue Commenting on the performance, Narrindra Suranna, Chairman and Managing Director said, “Ddev Plastiks has continued its strong growth momentum in Q2FY24 and delivered a revenue of Rs 6,423 million on the back of higher volumes. During the quarter, your Company has achieved an EBITDA of Rs 658 Mn, a growth of 79% on a YoY basis with a margin of 10.2%, owing to higher operational efficiencies and PAT of Rs 423 million, a strong growth of 126% on YoY basis with a margin of 6.5%. Despite the challenges due to the decline in selling prices, our profitability remained robust. This underscores the strength of our business model and our ability to navigate market dynamics while maintaining a steadfast focus on operational excellence. In Q2FY24, our Domestic operations accounted for 77% of our Company's revenue in the quarter, exhibiting a growth of 15% compared to the same period last year. Whereas exports contributed 23% to our revenue. Our unwavering commitment to augmenting global exports stands as a pivotal strategy in fortifying and elevating our top-line growth trajectory. We maintain a constant focus on reaching our customers and understanding their requirements dynamically. As we move forward, our commitment to sustained growth, operational efficiency, and financial resilience remains steadfast. Fuelled by a favorable demographic landscape, a resilient economy, and supportive governmental policies, the prospect for success and value creation for our shareholders will be significant. Backed by our superior manufacturing and product innovation capabilities, we remain confident of our growth and ability to overcome challenges and capitalize on opportunities. This positions Ddev Plastiks for continued triumph within the ever-evolving business landscape.” Ddev Plastiks Industries Ltd - 543547 - Announcement under Regulation 30 (LODR)-Investor Presentation
Please find attached the Investor Presentation for the 02nd Quarter and Half year ended 30.09.2023 Ddev Plastiks Industries Ltd - 543547 - Record Date For Purpose Of Interim Dividend
The Board of Directors of the Company have at its meeting held on 12.11.2023, declared Interim Dividend of Rs. 0.50p (Fifty paise only) each per fully paid up equity shares of Re. 1/- each (@50%) to be paid to shareholders as on 22.11.2023, being the record date for the said purpose. Ddev Plastiks Industries Ltd - 543547 - Corporate Action-Board approves Dividend
The Board of Directors have declared at its meeting held on 12.11.2023, Interim Dividend of Rs. 0.50p (Fifty paise only) per full paid up equity shares of Re. 1/- each (@50%) to be paid to shareholders as on record date 22.11.2023 Ddev Plastiks Industries Ltd - 543547 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Please find attached the Press Release in respect to 02nd Quarter and Half Year ended 30.09.2023 Ddev Plastiks Industries Ltd - 543547 - Unaudited Financial Results For 02Nd Quarter And Half Year Ended 30.09.2023
Please find attached the Un-audited Financial Results of the Company for the 02nd Quarter and Half Year ended 30.09.2023