Ddev Plastiks Industries released their Q4 results on May 20, 2024, revealing a 69.97% increase in revenue, but a 27.64% decrease in profit compared to the same period last year.
Although the company experienced a significant revenue growth of 104.88% from the previous quarter, profit saw a decline of 12.8%.
Selling, general, and administrative expenses surged by 279.24% compared to the previous quarter and a substantial 317.03% year-on-year.
While operating income showed a slight uptick of 1.82% quarter-on-quarter, it declined by 8.74% year-on-year.
The Earnings Per Share (EPS) for Q4 stood at ₹1.96, reflecting a 58.05% decrease year-on-year.
Despite these financial results, Ddev Plastiks Industries has delivered positive returns to its investors, with a 14.48% increase in the last week, a 12.77% increase in the last 6 months, and a 20.75% increase year-to-date.
At present, Ddev Plastiks Industries has a market capitalization of ₹2393.41 Cr, with a 52-week high of ₹244 and a low of ₹118.27.