Plastiblends India falls on lower Q4 profit

Plastiblends India

29/04/2025 09:43

** Plastiblends India PLST.NS, which makes pigment blends for plastic products, falls 2.34% to 191.85 rupees after Q4 earnings

** Co reports marginal revenue growth y/y and a nearly 11% decline in profit after tax

** Co says a combination of slower revenue growth and higher operational costs led to margin compression

** Adds, weakness in domestic consumption and trade tensions stemming from U.S. tariffs impacted performance

** Including session's decline, shares are down 29.4% in the last 12 months

 (Reporting by Ananta Agarwal in Bengaluru)

 ((Ananta.Agarwal@thomsonreuters.com))