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Plastiblends India reports 41% fall in Q1 net profit

08 Sep 2017 Evaluate

Plastiblends India has reported results for first quarter ended June 30, 2017.

The company has reported fall of 40.61% in its net profit at Rs 5.28 crore for the quarter under review as compared to Rs 8.89 crore for the same quarter in the previous year. Total income of the company decreased by 1.64% at Rs 145.54 crore for Q1FY18 as compared Rs 147.97 crore for the corresponding quarter previous year.

Plastiblends India is India’s largest manufacturer and exporter of masterbatches and additive compounds for the plastic processing industry.

Peers
Company Name CMP
Godrej Industries 1103.20
SRF 2454.00
BASF India 3542.05
Pidilite Inds. 1522.00
Tata Chemicals 734.50
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