Jumbo Bag Ltd. Approves Q2 Results, Announces Takeover of Hitech Polymers LLP and Land Lease for New Unit

Jumbo Bag Ltd. announced the approval of its unaudited financial results for the quarter ended 30th September 2025 at its board meeting held on 23rd October 2025. The company reported a net profit after tax of INR 311.01 crores. In addition, the board approved the takeover of Hitech Polymers LLP, an FIBC conversion unit, for a total consideration of INR 60,00,000 and the proposal for taking land on lease at Gummidipudi SIPCOT Industrial Area for establishing a new unit. The meeting also addressed routine business matters.