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National Plastic Technologies reports 28.57% fall in Q3 net profit

21 Feb 2012 Evaluate

National Plastic Technologies has reported results for third quarter ended December 31, 2011.

The company has reported a fall of 28.57% in its net profit at Rs 0.80 crore for the quarter ended December 31, 2011 as compared to Rs 1.12 crore for the same quarter in the previous year. Total income also decreased by 10.31% at Rs 14.00 crore for the quarter under review as compared to Rs 15.61 crore year ago.

National Plastic Technologies is engaged in the manufacturing of plastic molded furniture and engineering components for original equipment manufacturers (OEMs). The company’s product range includes components for the automotive, white goods, consumer durables and IT peripherals sectors.

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