Narmada Macplast Drip Irrigation Systems Records Astounding Revenue Surge

In a remarkable financial achievement, Narmada Macplast Drip Irrigation Systems Limited witnessed extraordinary growth in revenue and profitability for the quarter and fiscal year concluding March 2025. The company announced a staggering 624.4% increase in quarterly revenue, reaching Rs. 247.39 lakh, a substantial leap from Rs. 34.15 lakh in the prior year's corresponding period.

During the same quarter, the firm reported a net profit of Rs. 43.17 lakh, a significant recovery from the net loss of Rs. 3.06 lakh in the previous year. For the entire financial year 2024-25, Narmada Macplast's revenue surged by 285% to Rs. 698.40 lakh, with net profits escalating to an impressive Rs. 539.17 lakh, dwarfing last year's Rs. 0.18 lakh.

The company attributes its robust performance to enhanced operational efficiencies, solid market demand, and strategic initiatives. A spokesperson highlighted the commitment to sustainable growth and value creation for stakeholders. The Board of Directors plans to meet on May 9 to discuss an interim dividend for the financial year 2025–26, with the record date set for May 16, 2025, subject to necessary approvals.

(With inputs from agencies.)