Tokyo Plast hardens on strong Q2 earnings

The company's net profit stood at Rs 0.64 crore in Q2 FY26, a rise of 65% year-on-year from Rs 0.39 crore in Q2 FY25, and up nearly seven times from Rs 0.08 crore in Q1 FY26.

Revenue from operations increased 14.2% YoY to Rs 21.09 crore in Q2 FY26 from Rs 18.47 crore a year earlier, and was up 15.8% sequentially from Rs 18.20 crore in Q1 FY26.

Profit before tax stood at Rs 0.78 crore in Q2 FY26, up 66% from Rs 0.47 crore in Q2 FY25 and 680% higher than Rs 0.10 crore in Q1 FY26.

Total expenses rose to Rs 20.31 crore in Q2 FY26, up 12.90% from Rs 17.99 crore in Q2 FY25, mainly due to higher material costs and other operating expenses. Cost of materials consumed was Rs 11.67 crore, up 18% YoY. Employee benefit expenses were up 1.03% at Rs 3.91 crore versus Rs 3.87 crore a year earlier.

Tax expense stood at Rs 0.15 crore, up 67% compared to Rs 0.09 crore in the same quarter last year.

Tokyo Plast International manufactures thermo food containers and coolers.

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