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Manjushree Technopack closes registers growth of over 30% in PAT

May 25/2012

(tc-plastic) -- Bangalore based Manjushree Technopack Ltd, leaders in rigid plastic packaging in the country, announced their annual results for financial year ending March 31, 2012. The company has crossed an impressive Rs. 300 crore mark this year and has registered steady growth across all key performance indicators like sales turnover, PBT and PAT.

Announcing the results, Mr. Vimal Kedia, Managing Director, Manjushree Technopack Ltd, said This year has seen us reach greater heights and the Rs 300 crore turnover is a significant landmark for us. It is only a year ago that we crossed Rs. 200 crores. We also witnessed a 100% increase in our exports last year and we expect it to double this year as well, with huge demand for PET Preforms from countries like USA, South and West Africa and Thailand. Our strong focus on innovation has seen us introduce new designs like the short-neck preforms, and we expect significant demand, particularly from the beverages segment, for such designs. We hope to close the next year at over Rs 400 crore.

Some of the leading brands that Manjushree works with include Coca Cola, Pepsi, Bisleri, Cadburys, Unilever, GSK and P&G among many others.



mrplast.com
Author:Anna Larionova
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Category:General News
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