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Packaging
Quarterly Result22 May 2025, 10:19 am

Ester Industries Reports 23% Income Growth & 480% EBITDA Increase in FY25

AI Summary

Ester Industries, a leading manufacturer of Polyester Films and Specialty Polymers, announced its financial results for the quarter and financial year ended on 31st March 2025. The company reported a 23% increase in total income and a staggering 480% growth in EBITDA on a standalone basis. Ester Industries is committed to sustainability and has adopted recycling across its business verticals. The Film business saw a turnaround with a 15% increase in operational revenue and improved demand-supply dynamics. The company is well-positioned to meet the growing demand for BOPET Films with varied PCR content, as per the Plastic Waste Management Rules. The Specialty Polymers segment saw a 72% rise in revenue and a 164% jump in EBIT, led by robust demand for products like MBO3 and Innovative PBT. The execution of the joint venture plans with Loop Industries is progressing as per schedule.

Key Highlights

  • 23% increase in total income on a standalone basis
  • 480% growth in EBITDA on a standalone basis
  • Turnaround in Film business with 15% increase in operational revenue
  • 72% rise in revenue and 164% jump in EBIT in Specialty Polymers segment
  • Execution of joint venture plans with Loop Industries progressing as per schedule
ESTER
Packaging
ESTER INDUSTRIES LTD.

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