PG ELECTROPLAST LTD. - 533581 - Announcement under Regulation 30 (LODR)-Monitoring Agency Report
Pursuant to Regulation 32(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations , 2015, please find attached Monitoring Agency Report towards utilization of QIP proceeds for the quarter ended December 31, 2023. PG ELECTROPLAST LTD. - 533581 - Reappointment Of Managing Directors Of The Company
We wish to inform that the Board of Directors of the Company at their meeting held on February 13, 2024 re-appointed Mr. Vishal Gupta (DIN:00184809)as Managing Director - Finance AND Mr. Vikas Gupta (DIN:00182241)as Managing Director - Operations of the Company w.e.f April 01, 2004 subject to approval of the shareholders of the Company. PG ELECTROPLAST LTD. - 533581 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
We wish to inform you that the Company had Earnings Conference Call with Investors/ Analysts (Participants) on February 13, 2024 with respect to the financial performance of the Company for the quarter ended on December 31, 2023. The audio recording of the Earnings Conference Call is available on the website of the Company at https://www.pgel.in/pdf/13022024/JMF1720240213151590.mp3 Q3FY24 Quarterly & 9MFY24 Result Announced for PG Electroplast Ltd.
Consumer Electronics company PG Electroplast announced Q3FY24 & 9MFY24 results: Q3FY24 Financial Highlights: Net sales amounted to Rs 5.30 billion, marking a growth of 15.8% YoY. Quarterly EBITDA reached Rs 470 million, compared to Rs 381.7 million in Q3FY24, reflecting a growth of 23.1% YoY. Quarterly net profits stood at Rs 192.3 million, up from Rs 137.4 million in Q3FY24, representing a growth of 40.0% YoY. 9MFY24 Financial Highlights: Net sales for the period were Rs 16.65 billion, indicating a growth of 26.1% YoY. EBITDA stood at Rs 1.55 billion, compared to Rs 1.04 billion in 9MFY24, reflecting a growth of 49.7%. Net profits stood at Rs 654.2 million, compared to Rs 373.0 million in 9MFY23, showing a growth of 75.4%. Commenting on the performance, Vishal Gupta, MD (Finance), stated, "PG’s 9MFY24 performance reflects its strategy and focus on capital allocation and growing organically. The company continues to strengthen its position in RAC, Washing Machines, and Consumer Electronics with industry-leading growth in its areas of focus. We believe our Capacity and Capability matrix has further strengthened with the commissioning of the new AC facility in Bhiwadi, expanded capacities for AC in Supa, and the flagship Electronics Manufacturing facility in JV in Greater Noida. The outlook for all business segments remains robust with increases in wallet shares in existing clients and good momentum in addition of new clients. We continue to execute the Product business strategy by expanding our R&D; and Product development capabilities." Result PDF PG ELECTROPLAST LTD. - 533581 - Compliance Under Regulation 32(1) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
Please find attached Nil Statement of deviation and variation duly reviewed by the Audit Committee for the quarter ended December 31, 2023. PG ELECTROPLAST LTD. - 533581 - Announcement under Regulation 30 (LODR)-Investor Presentation
We enclose a copy of Investor Presentation on Unaudited Financial Results for the quarter and nine months ended December 31, 2023. PG ELECTROPLAST LTD. - 533581 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
We enclose a copy of Press Release titled "Building Momentum" on the Unaudited Financial Results for the quarter and nine months ended December 31, 2023. PG ELECTROPLAST LTD. - 533581 - Unaudited Financial Results For The Quarter Ended December 31, 2023
We wish to inform you that the Board of directors in its meeting held today i.e. Tuesday, February 13, 2024 have inter-alia, considered and approved the Unaudited Financials Results for the quarter and nine months ended on December 31, 2023. Please find attached Unaudited Financial results along with Limited Review Report. PG ELECTROPLAST LTD. - 533581 - Board Meeting Outcome for Outcome Of Board Meeting Held On February 13, 2024
In terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform your good office that the Board of Directors of the Company in their meeting held today i.e., Tuesday, February 13, 2024 at 12.45 PM and concluded at 01:55 PM, has inter-alia, considered and approved: Unaudited Financial Results (Standalone and Consolidated) for the quarter and nine months ended on December 31, 2023. Re-appointment of Mr. Vishal Gupta (DIN:00184809) as the ''Managing Director - Finance'' of the Company for a period of three years w.e.f. April 01, 2024. Re-appointment of Mr. Vikas Gupta (DIN:00182241) as the ''Managing Director - Operations'' of the Company for a period of three years w.e.f. April 01, 2024. Draft Notice of Postal Ballot to seek approval of the shareholders. The relevant details will be submitted to the exchanges separately in due course of time. PG ELECTROPLAST LTD. - 533581 - Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements
We wish to inform you that PG Technoplast Private Limited (PGTL), a wholly owned subsidiary of the Company on February 10, 2024 have entered into a ''Definitive Agreement'' to acquire 100% stake in Next Generation Manufacturers Private Limited (NGM). Pursuant to said acquisition, NGM will become a wholly owned subsidiary of PGTL.