PG electroplast The shares dive 23% After Q1 Pat, Yoy & Qoq drops. Seen for the short term

PG electroplast The shares dive 23% After Q1 Pat, Yoy & Qoq drops. Seen for the short term

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Shares of PG Electroplast ended with 23% cutbacks on Friday after the company reported a 20% decrease on an annual basis in the Q1 consolidated net profit at RS 67 Crore. The decline was even sharper on a successive basis and fell 54%.

The company had reported a profit after tax (PAT) of RS 84 Crore in Q1FY25 and RS 145 Crore in Q4FY25 and the figures can be attributed to the owners of the company.


The turnover of the company from the activities rose by 14% to 1,504 crore in the quarter in assessment and fell by 21% on a sequential basis. The top line was on RS 1,321 Crore in Q1FY25 and RS 1,910 Crore in Q4FY25.

The Electronic Manufacturing Services (EMS) and Plastic Molding Company wrote the Pat output to the early arrival of the monsoon that had influenced the seasonal turnover for ACS of the Chamber, making Q1 a more modest start to the year.

Vishal Gupta, managing director finance expects that growth in the short term will probably be moderate, he will remain cheerful about the perspective of the company in the medium and long term.


The income was announced today during market hours and PG Electroplast shares that are closed today at RS 567.35 on the NSE, almost RS 170 per share. Also read: SBI Q1 Results: standalone Pat jump 12% yoj to RS 19,160 crore, Beat Street Stregathes Stregathes Stregathes Stregathhe versus RS 134.54 Crore in 1qfy25, with a growth of 3.6%.

The consolidated income crossed RS 1500 Crores, in which the RS 1,159 product company contributed. PGEL’s 100% subsidiary, PG Technoplast, reported income from RS 1,211 Crore.

The product company contributed 77.1% of the total income and grew 16.7% JoJ. In this, room -acs grew with 15.1% yoj, washing machines 36.1% yoj and coolers fell marginal by 3.9% yoj.

(Disclaimer: recommendations, suggestions, views and opinions of the experts are their own. These do not represent the views of economic times)

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