(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. |