MoneyWorks4Me

Manjushree Technopack reports 82% jump in Q4 net profit

28 May 2012 Evaluate

Manjushree Technopack, provider of rigid plastic packaging solutions, has reported an 81.72% rise in net profit at Rs 6.56 crore for the fourth quarter-ended March 31, 2012 as compared to the Rs 3.61 crore for corresponding quarter last fiscal.

The net sales for the period were up 30.03% to Rs 87.59 crore as against Rs 67.36 crore for the year ago period.

Manjushree Technopack is a packaging solution provider, providing its customers with cutting edge plastic packaging solutions. The company enjoys a preferred supplier status in regard to the Specialty Plastic Containers, which are marketed under the brand name of ‘POLYPET’ predominantly to MNC’s.

Peers