Resin and Plastics: Marginal Revenue Growth in FY24
Written by: Diksha Kalra
Published: Sep 16, 2026
Updated: Sep 16, 2026
2 min read
- Revenue: In FY24, the company’s revenue increased marginally by 2%, rising from Rs. 254 cr in FY23 to Rs. 259 cr in FY24. This growth was primarily limited due to a 15% reduction in inflationary pricing, despite a 21% increase in volume sales. However, the company managed to improve its bottom-line margins, which grew by 18%, moving from Rs. 9.8 cr in FY23 to Rs. 11.6 cr in FY24. This improvement was a result of a strategic focus on manufacturing efficiency and better management of the supply chain.
- Financial performance: Despite the global challenges such as geopolitical conflicts, increased freight rates, and reduced raw material supplies from major economies, the company maintained its performance. A focus on domestic markets, along with efforts in creditor and debtor management, helped navigate the tough environment, allowing the company to maintain its profitability and prepare for future growth through planned capacity augmentation.
Stay Connected, Stay Informed –
Join Our
Don’t miss out on exclusive updates, market trends, and real-time investment opportunities. Be the first to know about the latest unlisted stocks, IPO announcements, and curated Fact Sheets, delivered straight to your WhatsApp.
Planify Enterprises Private Limited
Planify Capital Limited
Licensed By
Mutual Fund License No.:
ARN-164419
IRDA Code (1):
ABLIC1003123454
IRDA Code (2):
ABLIC1003131639
Startup India Certificate No.:
DIPP93786
Other Websites
ⓒ 2016-2026 Planify. All rights reserved, Built with
in India
