Ddev Plastiks Industries announced that the Board of Directors of the Company at its meeting held on 16 May 2023, inter alia, have recommended the final dividend of Rs 1 per equity Share (i.e. 100%) , subject to the approval of the shareholders.

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Ddev Plastiks Industries announced that the 3rd Annual General Meeting (AGM) of the company will be held on 25 September 2023.

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Net profit of DDev Plastiks Industries rose 167.53% to Rs 48.29 crore in the quarter ended March 2023 as against Rs 18.05 crore during the previous quarter ended March 2022. Sales rose 7.24% to Rs 667.23 crore in the quarter ended March 2023 as against Rs 622.16 crore during the previous quarter ended March 2022.

For the full year,net profit rose 90.03% to Rs 104.10 crore in the year ended March 2023 as against Rs 54.78 crore during the previous year ended March 2022. Sales rose 12.43% to Rs 2503.75 crore in the year ended March 2023 as against Rs 2226.90 crore during the previous year ended March 2022.

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Ddev Plastiks Industries will hold a meeting of the Board of Directors of the Company on 16 May 2023.

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