'

Ddev Plastiks Industries Ltd held a conference call on 12 August 2024 to discuss the results for the quarter ended June 2024 and way forward. Mr. Narrindra Suranna – Managing Director, Mr. Ddev Surana – Chief Executive Officer, Mr. Rajesh Kothari – Director and Mr. Arihant Bothra – Chief Financial Officer of the company addressed the call.

Highlights of the Concall

• The company experienced strong demand from the cables segment during Q1FY25 and its ongoing efforts to shift the product mix towards niche and high-voltage products led to better growth in volumes.

• Better product mix, significant reduction in finance cost has resulted in better margins and improved bottom-line.

• Total capacity utilization in Q1FY25 was 80% compared to 65% in Q1FY24. Antifab capacity utilization was 85% compared to 67% over the same period while PVC (polyvinyl chloride) compounds capacity utilization was 63% (52%), Sioplas/XLPE (cross-linked polyethylene)/s...
  
  
  
  Pleaselogin & subscribe to view the full report.
  
  More Reports
  • 

    (05-Feb-2025)

    Castrol India

    Expects EBITDA margin of 22%-25% for CY25
  • 

    (10-Feb-2023)

    Deepak Nitrite

    Plans capex of about Rs 1500 crore for FY23 and FY24
  • 

    (09-Feb-2023)

    Mayur Uniquoters

    Targets revenue of Rs 1000 crore in FY24
  • 

    (31-Jan-2023)

    Tega industries

    Capex plan is US$ 30-32 million for next three years