Captain Polyplast Ltd
P&L
Quarterly Consolidated
vs Q2 FY25
Captain Polyplast Limited Achieves Highest Quarterly Revenue in History at INR 90.90 Crores, Q3 FY25 Net Profit Jumps 35%
01 Feb 2025 · 1 Feb 2025, 12:09 am
Summary
Captain Polyplast Limited (CPL), a leading manufacturer and exporter of micro irrigation solutions, reported its Unaudited financials for Q3 FY25. The company achieved its highest quarterly revenue in history at INR 90.90 crores, driven by both its micro irrigation and solar EPC business. The profitability improved due to lower input costs and operational efficiency. A significant development was the fund raise of INR 34.56 through preferential warrants, which will expedite future growth. The company plans to increase the mix of commercial sales, expand its network, and grow its Solar EPC vertical.
Key Highlights
- 1
Consolidated Net Profit increased by 35%
- 2
Highest quarterly revenue in company's history at INR 90.90 crores
- 3
Improved profitability due to lower input costs and operational efficiency
- 4
Fund raise of INR 34.56 through preferential warrants
- 5
Plans to increase the mix of commercial sales, expand network, and grow Solar EPC vertical
Management Comments
Mr. Ritesh Khichadia
We are pleased with our Q3 FY25 performance, which reflects steady growth and improved profitability. We have achieved the highest quarterly revenue in company’s history at INR 90.90 crores which was driven by both our micro irrigation and solar EPC business. In the MIS business, we saw improved demand from few crucial states which is expected in continue in Q4 as well. In the solar EPC business, we got empanelled under PM Surya Ghar Yojna in Telangana and Andhra Pradesh increasing our presence to 6 states now in the project. Our profitability improved during the quarter on account of lower input costs and our focus on operational efficiency. An important development during the quarter was fund raise of INR 34.56 through preferential warrants. This fund raise will play critical role in expediting our future growth.
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