Mumbai, February 3, 2025 – Pyramid Technoplast Limited (NSE: PYRAMID, BSE: 543969) announced its unaudited financial results for the quarter and nine months ended December 31, 2024.
Key Financial Highlights (₹ in Lakhs)
| Particulars | Q3 FY25 (Dec 31, 2024) | Q2 FY25 (Sep 30, 2024) | Q3 FY24 (Dec 31, 2023) | 9M FY25 | 9M FY24 | FY24 (Audited) |
|---|---|---|---|---|---|---|
| Revenue from Operations | 15,334.92 | 13,314.04 | 12,802.27 | 42,211.74 | 39,074.26 | 53,520.22 |
| Total Income | 15,428.41 | 13,409.91 | 12,971.34 | 42,322.77 | 40,264.25 | 53,715.52 |
| Total Expenses | 14,526.32 | 12,637.09 | 12,106.25 | 39,638.69 | 37,302.73 | 49,705.65 |
| Profit Before Tax | 901.82 | 772.82 | 865.09 | 2,684.08 | 2,396.52 | 4,009.87 |
| Net Profit | 681.80 | 572.48 | 570.56 | 2,006.41 | 2,204.83 | 2,934.21 |
| EPS (Basic & Diluted) | 1.85 | 1.56 | 1.55 | 5.46 | 6.01 | 7.97 |
Segmental Performance
Pyramid Technoplast operates in a single business segment, industrial packaging, as per Indian Accounting Standard (Ind AS) 108.Key Corporate Developments
- Appointment of New Company Secretary & Compliance Officer:
- The company has appointed Ms. Puja Sharma (ACS No. 56982) as the Company Secretary and Compliance Officer, effective February 3, 2025.
- Ms. Sharma holds a Master’s in Commerce from Mumbai University and has over five years of experience in handling secretarial compliances for listed and unlisted companies.
- Regulatory Compliance & Reporting:
- The financial results have been reviewed by the Audit Committee and approved by the Board of Directors on February 3, 2025.
- The statutory auditors, Banka & Banka, have provided a limited review report, confirming that the financial statements comply with SEBI (LODR) regulations with no material misstatements.
Management Commentary
Jaiprakash Bijaykumar Agarwal, Whole-time Director & CFO, commented:"Our consistent growth in revenue and profitability is a testament to our operational efficiency and strategic market positioning. We remain committed to enhancing shareholder value and strengthening our industrial packaging business."