Mitsu Chem Plast Reports Robust Q1 FY26 Financial Performance
Mitsu Chem Plast Limited announces strong Q1 FY26 results with a total income of ₹85.40 Cr, marking a 6.23% YoY growth. The company also achieved a 21% increase in net profit, emphasizing its commitment to innovation and sustainable value creation, while outlining a strategic goal to reach ₹1,000 Cr by 2028.
- Country:
- India
Mitsu Chem Plast Limited, a prominent manufacturer of blow molded and injection molded products, has unveiled its unaudited financial results for the first quarter of fiscal year 2026, highlighting significant growth metrics. The company reported a total income of ₹85.40 crore, registering a year-on-year growth of 6.23%.
The company's EBITDA stood at ₹5.01 crore, reflecting a 4.06% rise from the previous year. Net profit surged by 20.57% to ₹1.31 crore, with an EPS increase of 21.25%, reaching ₹0.97. Mitsu's net profit margin improved by 18 basis points, marking a 1.54% growth year-on-year.
Chairman Jagdish Dedhia expressed satisfaction with the company's performance, citing operational excellence and innovation as key drivers. Mitsu aims to achieve ₹1,000 crore in annual revenue by 2028 through strategic expansion in its Healthcare Furniture division and Packaging Products portfolio. The company also received the 'Master of Risk - Manufacturing' award, underscoring its leadership in risk management.
(With inputs from agencies.)
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