Mitsu Chem Plast, a leading global manufacturer of Blow Molded and injection molded products, has reported that its net profit in the December quarter more than tripled to ₹5 crore on the back of growing demand.

Income increased by 7 per cent to ₹86 crore, with an Ebitda rising by 73 per cent to ₹10 crore.

In a bid to support growth momentum, the company has increased capacity by 655 tonne to over 29,000 tonne. The investment was funded through internal accruals. The additional capacity expansion was commissioned last November.

Jagdish Dedhia, Chairman, Mitsu Chem Plast, said that the company continued to make progress during the December quarter on its planned capacity expansion and infrastructure initiatives, aligned with the strategy of building scalable manufacturing capabilities to support rising demand across key end-user segments.

The company remains focused on strengthening operational foundation and prepare for the next phase of growth, he added.

“We will continue to prioritise disciplined execution, prudent capital deployment and high standards of quality and operational efficiency. We believe our diversified product portfolio, strong OEM relationships and emphasis on innovation position us well to pursue sustainable growth and create long-term value for all stakeholders,” he added.

Shares of the company were down two per cent at ₹97 on Friday.

Published on January 31, 2026