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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
Company Name CMP
Supreme Industries 3731.20
Astral 1596.35
Finolex Inds 176.30
Nilkamal 1321.40
Jain Irrigation Sys 33.19
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