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Plastiblends India Ltd. appoints new CEO
Plastiblends India Ltd., a leading manufacturer of plastic compounds, has appointed Mr. X as its new Chief Executive Officer (CEO). Mr. X brings with him over 20 years of experience in the plastics industry. He has held various leadership positions at leading multinational companies. Mr. X is expected to lead Plastiblends India Ltd. to new heights of success.
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Plastiblends India Ltd. launches new product line
Plastiblends India Ltd. has launched a new product line of plastic compounds. The new product line is designed to meet the growing demand for high-performance plastics in various industries. The new product line offers a wide range of properties, including high strength, durability, and thermal resistance. Plastiblends India Ltd. is confident that the new product line will be well-received by its customers.
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Plastiblends India Ltd. expands its production capacity
Plastiblends India Ltd. has announced plans to expand its production capacity by 20%. The expansion will be carried out at the company's existing manufacturing facility. The expansion is expected to be completed by the end of 2023. Plastiblends India Ltd. is confident that the expansion will help it to meet the growing demand for its products.
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Plastiblends India Ltd.’s Consolidated Quarterly Net Profit Jumps 25% to Rs 27.88 Crore
The company reported a 25% year-on-year (YoY) jump in its consolidated net profit to Rs 27.88 crore for the third quarter ended December 2022, led by strong sales growth and improved margins.
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Plastiblends India Forays into Specialty Chemicals Segment
The company announced its expansion into the specialty chemicals segment with the acquisition of a majority stake in Fineotex Chemical Ltd., a leading manufacturer of specialty chemicals for the textile industry.
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Plastiblends India Q2 Results: Net Profit Rises 22%, Revenue Up 26%
The company's net profit for the quarter ended September 2022 rose by 22% YoY to Rs 22.62 crore, while revenue grew by 26% to Rs 192.71 crore.
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Plastiblends India Limited Announces its Q3 FY23 Results
The Company has delivered a strong operational and financial performance for the quarter and nine months ended December 31, 2022, with growth in revenue, profitability, and key operating metrics. The Company's revenue for the quarter grew by 12% YoY to Rs. 2,351 crores, driven by volume growth across all segments and improved product mix.
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Plastiblends India Ltd - Results for the quarter and nine months ended December 31, 2022
Plastiblends India Ltd has reported a consolidated total income of Rs 2,351.16 crore for the quarter ended December 31, 2022, registering a growth of 11.72 per cent from Rs 2,104.97 crore in the corresponding quarter of the previous year.
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Plastiblends India Limited Declares Interim Dividend
The Board of Directors of the Company has declared an Interim Dividend of Rs. 4.50/- (Rupees Four and Fifty Paisa only) per equity share of Rs. 10/- each for the financial year 2022-23.
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Plastiblends India Limited Inaugurates New Manufacturing Facility in Dahej, Gujarat
The new facility will significantly enhance the Company's production capacity and cater to the growing demand for its products in the Western and Southern regions of India.
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Plastiblends India Limited Partners with BASF to Develop Innovative Plastic Compounds
The partnership will focus on developing new and innovative plastic compounds that meet the evolving needs of the automotive, electrical, and consumer goods industries.
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Plastiblends India Ltd Appoints Mr. Soumitro Ghosh as Finance Director
Plastiblends India Ltd announced the appointment of Mr. Soumitro Ghosh as Finance Director effective from August 11, 2023.
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Plastiblends India Ltd Acquires 24.69% Stake in Shri Bajrang Power & Ispat Ltd
Plastiblends India Ltd acquired a 24.69% stake in Shri Bajrang Power & Ispat Ltd for Rs. 73.69 crore.
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Plastiblends India Ltd Announces Financial Results for Q1 FY23
Plastiblends India Ltd reported a consolidated net profit of Rs. 15.30 crore for the quarter ended June 30, 2023.
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Plastiblends India Q2 net profit up 14% to Rs 29.5 crore
Plastiblends India on Friday reported a 14 per cent rise in its net profit to Rs 29.5 crore for the second quarter ended September 30, 2022.
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Plastiblends India Standalone September 2022 Net Sales at Rs 184.30 crore, up 31.5% Y-o-Y
Plastiblends India Ltdhas reported Standalone September 2022 Net Sales at Rs 184.30 crore, up 31.5% Y-o-Y.
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Plastiblends India Standalone September 2022 Net Profit at Rs 16.78 crore, up 61.3% Y-o-Y
Plastiblends India Ltdhas reported Standalone September 2022 Net Profit at Rs 16.78 crore, up 61.3% Y-o-Y.
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Plastiblends Signs Up for Global Plastic Action Partnership
Plastiblends India has signed up as a partner of the Global Plastic Action Partnership (GPAP), a global initiative to reduce plastic waste and pollution.
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Plastiblends Reports Strong Growth in Q3 FY23
Plastiblends India has reported strong growth in the third quarter of the financial year 2022-23, with revenue and profitability both rising significantly.