DDEV Plastiks files annual report, highlights growth and sustainability

DDEV Plastiks Industries Limited (DPIL) has voluntarily disclosed its Business Responsibility and Sustainability Report (BRSR) for FY 2024-25, which forms an integral part of its annual report. The company reported a significant increase in revenue from operations to ₹2,60,332.37 lacs in FY 2024-25, up from ₹2,43,124.37 lacs in the previous year, with profit after tax reaching ₹18,549.69 lacs. DPIL also achieved 81% capacity utilization across its five strategically located plants.

Key highlights from the report include the company's commitment to sustainable sourcing, with 8.29% of procurement from MSMEs, and strong ESG performance, as evidenced by 100% R&D and capital expenditure investments in technologies that improve environmental and social impacts. DPIL also reported a reduction in carbon emissions and conserved 14,268 kiloliters of rainwater during the year.

The company plans to further enhance renewable energy integration, recycling initiatives, and waste reduction. DPIL maintains robust frameworks for risk management and stakeholder engagement, ensuring transparent communication and timely redressal of grievances. The board of directors has recommended a final dividend of ₹1.75 per share for FY 2024-25, subject to shareholder approval at the upcoming 5th Annual General Meeting on September 22, 2025.