Ddev Plastiks Q1 FY27 Revenue ₹989.45 Crore, Profit ₹637.93 Crore
Ddev Plastiks reported Q1 FY27 revenue of ₹989.45 crore and profit of ₹637.93 crore. The Board approved the Q1 results, an investor presentation, and an addendum to the AGM notice due to Mrs. Rajni Mishra's appointment as an Additional Director. The BESS project will be relocated to Kolkata.
The announcement includes strong financial results and significant corporate actions like director appointment and project relocation, which are material to investors.
The company reported a significant increase in revenue and profit for the quarter, along with positive corporate actions like director appointment and project relocation.
Ddev Plastiks Industries Limited announced its unaudited financial results for the first quarter ended June 30, 2026. The company reported a total income of ₹99,912.33 lakhs (₹989.45 crore), a significant increase from ₹77,570.64 lakhs (₹775.71 crore) in the same quarter of the previous year. Profit after tax for the quarter stood at ₹6,379.34 lakhs (₹637.93 crore), compared to ₹5,215.08 lakhs (₹521.51 crore) in the corresponding quarter of the previous year.
The Board of Directors also approved the Investor Presentation for the quarter and an addendum to the Notice of the 6th Annual General Meeting following the appointment of Mrs. Rajni Mishra as an Additional Director (Non-Executive Independent Director) effective August 10, 2026, subject to member approval.
Furthermore, the company decided to relocate its BESS Project to Kolkata. All other project details remain as previously disclosed on January 5, 2026. The company also completed its new manufacturing project at Bhiwadi, Rajasthan, commencing commercial production on April 28, 2026, with an installed capacity of 48,000 MTPA.
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Ddev Plastiks Industries Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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