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Mitsu Chem Plast achieved turnover of ₹ 76 Crore in Q2 FY24

Mitsu Chem Plast achieved turnover of ₹ 76 Crore in Q2 FY24
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Mitsu Chem reports 42 per cent rise in total revenues, profits up 40 per cent

Mumbai (Maharashtra) [India], August 10 (ANI/PNN): Mitsu Chem Plast Limited (Mitsu) (BSE:540078), One of the largest manufacturers of Blow Moulding, Injection Moulding and Customized Moulding, announced its unaudited Financial Results for Q1FY2. - Total revenues for 1QFY23 at Rs 84.69 crore; up by 41.6 per cent - EBITDA at Rs 9.40 crore; 22.82 per cent YoY growth - PAT at Rs 5.16 crore; 39.79 per cent YoY growth - EPS at Rs 4.27 against Rs 3.06; up 39.54 per cent Commenting on the performance, Jagdish Dedhia, Chairman of Mitsu Chem Plast Limited said, "After having a landmark year FY 22, we continue to ride strongly on growth path. Q1 FY23 financial performance clearly indicate strong Indian consumption story. Raw material prices were continued to be high which has pressurised our operating margin however rising sales enabled company to report strong operating profitability and increase in the operating efficiency of the company added to the increase in profitability of the compan

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