JV Accumulated Losses
Olive EcoPack JV has accumulated losses of ₹24 crore (total), which may take 1-1.5 years to recover before contributing to profitability.
RAJSHREE POLYPACK · risk themes across the available quarters.
Bear-case history
Olive EcoPack JV has accumulated losses of ₹24 crore (total), which may take 1-1.5 years to recover before contributing to profitability.
Domestic revenue declined 12% YoY due to lower raw material prices and seasonal moderation; recovery in Q4 is expected but not guaranteed.
Recent resignation of HR head and company secretary raises concerns about talent retention, though management downplays impact.