12 Jul, 2023

Resins & Plastics Ltd FY23 Results Update

12 Jul, 2023,
396
Resins & Plastic Ltd has announced its annual report for the financial year 2023. In FY23, the Company clocked 252 crore revenue from operations as against Rs. 213 in financial year 2022, indicating an increase of 18%. However, the has experienced 16% drop in its net profit from 12 crore in FY22 to 10 crore in FY23. 

Profit and Loss Statement 

Particulars (in Cr) FY23 FY22 %Change 
Revenue from Operations  252 213 +18%
Materials Consumed  199 161 +23%
Employee Benefits  13 12 +8%
Depreciation and Amortisation  1 0.92 +8%
Profit Before Tax  13 15 -13%
Profit After Tax  10 12 -16%
EPS 23.52 28.32 -17%

Balance Sheet 

Particulars (in Cr) FY23 FY22 %Change 
Total Assets  212 181 +19%
Total Equity and Liabilities  121 181 +19%

Cash Flow Statement 

Particulars (in Cr) FY23 FY22
Net cash from operating activities 8 2
Net cash from Investing activities -5 -14
Net cash from Financial activities -3 -2
Net cash and cash equivalents at the end of the year  10 0.67
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