Net profit of Epigral rose 0.72% to Rs 77.28 crore in the quarter ended March 2024 as against Rs 76.73 crore during the previous quarter ended March 2023. Sales declined 6.68% to Rs 524.63 crore in the quarter ended March 2024 as against Rs 562.18 crore during the previous quarter ended March 2023.For the full year,net profit declined 44.57% to Rs 195.82 crore in the year ended March 2024 as against Rs 353.29 crore during the previous year ended March 2023. Sales declined 11.84% to Rs 1929.19 crore in the year ended March 2024 as against Rs 2188.40 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales524.63562.18 -7 1929.192188.40 -12 OPM %29.6227.51 -24.9431.48 - PBDT143.84140.20 3 414.26631.41 -34 PBT113.46110.07 3 290.70522.46 -44 NP77.2876.73 1 195.82353.29 -45 Powered by Capital Market - Live News

Epigral announced that the Board of Directors of the Company at its meeting held on 22 April 2024, inter alia, have recommended the final dividend of Rs 5 per equity Share (i.e. 50%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Epigral will hold a meeting of the Board of Directors of the Company on 22 April 2024.Powered by Capital Market - Live News

Epigral announced the successful commissioning of an additional 45,000 TPA (Tonnes Per Annum) capacity of CPVC (Chlorinated Polyvinyl Chloride) resin plant at its Dahej facility in Gujarat starting today. With this expansion, Epigral`s total CPVC resin capacity reaches a remarkable 75,000 TPA, positioning it as the largest CPVC resin facility in the world at a single location.In addition to the CPVC resin capacity expansion, Epigral is also venturing into CPVC compound production, with a projected capacity of 35,000 TPA. The project is under progress and is expected to be commissioned in the first quarter of the financial year 2025. CPVC resin and compound are integral components in the manufacturing of CPVC pipes and fittings, renowned for their high heat and chemical resistance properties, thus making them suitable for both domestic and industrial applications. India`s CPVC demand is approximately 2,50,000 tonnes per annum (TPA) and is still developing, with an annual growth expected to range between 10% and 13%. Epigral`s strategic expansion into this sector demonstrates the company`s pledge to innovation and sustainability. Powered by Capital Market - Live News

Net profit of Epigral declined 36.42% to Rs 49.08 crore in the quarter ended December 2023 as against Rs 77.20 crore during the previous quarter ended December 2022. Sales declined 12.33% to Rs 471.52 crore in the quarter ended December 2023 as against Rs 537.84 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales471.52537.84 -12 OPM %25.9930.96 - PBDT104.82145.23 -28 PBT73.94114.40 -35 NP49.0877.20 -36 Powered by Capital Market - Live News