{"id":30351,"date":"2023-08-11T07:21:22","date_gmt":"2023-08-11T07:21:22","guid":{"rendered":"https:\/\/thedailymetro.in\/index.php\/2023\/08\/11\/mitsu-chem-plast-achieved-a-turnover-of-inr-80-crore-in-q1-fy24\/"},"modified":"2023-08-11T07:21:22","modified_gmt":"2023-08-11T07:21:22","slug":"mitsu-chem-plast-achieved-a-turnover-of-inr-80-crore-in-q1-fy24","status":"publish","type":"post","link":"https:\/\/thedailymetro.in\/index.php\/2023\/08\/11\/mitsu-chem-plast-achieved-a-turnover-of-inr-80-crore-in-q1-fy24\/","title":{"rendered":"Mitsu Chem Plast Achieved a Turnover of INR 80 Crore in Q1 FY24"},"content":{"rendered":"<div class=\"dsprime\"><img decoding=\"async\" width=\"640\" height=\"480\" src=\"https:\/\/pnn.digital\/wp-content\/uploads\/2023\/08\/1-1-14-1024x768.jpg\" class=\"attachment-large size-large wp-post-image\" alt=\"\" loading=\"lazy\" style=\"margin-bottom: 10px\" \/><\/div>\n<p><strong>New Delhi (India), August 11<\/strong>: Mitsu Chem&nbsp;Plast&nbsp;Limited (Mitsu) (BSE:540078), One of the largest manufactures of&nbsp;Blow&nbsp;Molding, Injection&nbsp;Molding&nbsp;and Customized&nbsp;Molding,&nbsp;<a><\/a>announced&nbsp;its&nbsp;unaudited Financial Results for&nbsp;Q1&nbsp;FY24.<\/p>\n<p><a><\/a><strong>Key&nbsp;Financials at a Glance:<\/strong><\/p>\n<p>Q1&nbsp;FY24<\/p>\n<p>\u2022&nbsp;Total Income at&nbsp;\u20b9&nbsp;79.99&nbsp;Cr<\/p>\n<p>\u2022&nbsp;EBITDA at&nbsp;\u20b9&nbsp;5.03&nbsp;Cr<\/p>\n<p>\u2022&nbsp;EBITDA Margin is 6.31%<\/p>\n<p>\u2022&nbsp;PAT at&nbsp;\u20b9&nbsp;1.35&nbsp;Cr<\/p>\n<p>\u2022&nbsp;EPS at&nbsp;\u20b9&nbsp;1.12<\/p>\n<p>Commenting on the performance, Mr. Jagdish Dedhia, Chairman&nbsp;of Mitsu Chem&nbsp;Plast&nbsp;Limited&nbsp;said, \u201cQ1 FY24 has commenced on a stable note, and our outlook is optimistic due to India&#8217;s burgeoning role as a manufacturing hub for the pharmaceutical and chemical industries. This trend is expected to drive increased demand for plastic packaging in the foreseeable future.<\/p>\n<p>Mitsu&#8217;s distinctive competence in delivering tailored solutions, high-quality products, and punctual delivery positions us as the preferred plastic packaging partner. These attributes are anticipated to play a pivotal role in fueling our growth throughout FY24.\u201d\u00a0<\/p>\n<p>If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi (India), August 11: Mitsu Chem&nbsp;Plast&nbsp;Limited (Mitsu) (BSE:540078), One of the largest manufactures of&nbsp;Blow&nbsp;Molding, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":30352,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[1328],"class_list":["post-30351","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/thedailymetro.in\/index.php\/wp-json\/wp\/v2\/posts\/30351","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thedailymetro.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thedailymetro.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thedailymetro.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thedailymetro.in\/index.php\/wp-json\/wp\/v2\/comments?post=30351"}],"version-history":[{"count":0,"href":"https:\/\/thedailymetro.in\/index.php\/wp-json\/wp\/v2\/posts\/30351\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thedailymetro.in\/index.php\/wp-json\/wp\/v2\/media\/30352"}],"wp:attachment":[{"href":"https:\/\/thedailymetro.in\/index.php\/wp-json\/wp\/v2\/media?parent=30351"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thedailymetro.in\/index.php\/wp-json\/wp\/v2\/categories?post=30351"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thedailymetro.in\/index.php\/wp-json\/wp\/v2\/tags?post=30351"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}