Epl Ltd. Reports Positive Profit Growth and High Dividend Payout Ratio in Q1 FY25

Epl Ltd., a midcap company in the plastic products industry, has recently announced its financial results for the quarter ending March 2024. The company has shown a flat performance in this quarter, but there are some positive signs that indicate a potential for growth in the future.

According to the financial report, Epl Ltd. has seen a 30.07% increase in its Profit Before Tax (PBT) compared to the same quarter last year. This is a positive trend and shows that the company is making progress in terms of profitability. Additionally, the company has a high Dividend Payout Ratio (DPR) of 66.48%, which means that it is distributing a higher proportion of its profits as dividends to its shareholders.

However, there are also some areas that need improvement. The company’s interest costs have increased by 21.15% over the last nine months, indicating a rise in borrowings. This is something that the company needs to address in order to maintain its financial stability.

Despite these challenges, MarketsMOJO has given a ‘Buy’ call for Epl Ltd.’s stock, indicating a positive outlook for the company. With a score of 1, the company has shown improvement in its financial performance in the last three months.

Overall, Epl Ltd. has shown a mixed performance in this quarter, but with positive signs of growth and a ‘Buy’ call from MarketsMOJO, it is a company to watch out for in the plastic products industry.