Kanpur Plastipack NEWS

PRESS NOTE

Issued by Kanpur Plastipack Limited, Kanpur.
Date : 30^th May 2012.

KANPUR PLASTIPACK LIMITED ANNOUNCES BUMPER RESULTS

Kanpur Plastipack Ltd a leading manufacturer and Exporter of Industrial Packaging products has in its board meeting held on 30^th May reported  a big jump in its sales, Profits before Tax and Earning per Share for the period ended 31^st March 2012. The highlights as compared to same period last year are :-

Q4 Performance

• Turnover increased by 45% to Rs. 5101 lacs as against Rs 3508 lacs

• PBT increased by 360% to Rs 465 lacs as against Rs. 101 lacs

• EPS increased by 208% to Rs 5.85 per share as against Rs 1.90 per share (not annualized)

Yearly Performance

• Turnover increased by 55% to Rs. 18857 lacs as against Rs 12131 lacs

• PBT increased by 203% to Rs 1537 lacs as against Rs 507 lacs.

• EPS increased by 116% to Rs 12.32 per share as against Rs 5.70 per share

 

Announcing the audited quarterly and annual results for the period ending 31st March 2012, Mr. Manoj Agarwal, Managing Director of the Company expressed satisfaction on the healthy performance of the company over the last financial year.

Citing the reasons behind the results he added that the full benefits of capacity additions in the previous year, improved productivity and operational efficiency and favorable demand conditions in Exports enabled this extraordinary performance. Operations continue to remain stable and Mr Agarwal was confident of the company’s continued growth during the next financial year. The company is planning is major investments and expansions in value added products shortly.

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New Developments

A brand new Finishing Unit with an additional 150,000 sq. feet of built factory space was commissioned in September, 2007 and became fully operational by March, 2008. Kanpur Plastipack now boasts one of the largest totally integrated Finishing FIBC Units in the world

Clean Room for FOOD Grade FIBC has been awarded BRC Certification and ISO 22000 approval.

With our upgraded facilities we are able to offer a wider portfolio of FIBC's.

• Anti Static and Conductive Bags : Both Type c and Type D
• Food Grade Bags
• ISO 22000 approved Bags.
• Form Fit liner Bags.
• UN Certified Bag
• 'J - Lock' stitch for amorphous product packaging
• Tunnel Lift Bags for UK

Food Grade FIBC

Kanpur Plastipack now has certification for International quality approvals for food grade FIBC

New Features

We, at KPL always strive for better customer experience. kanplas.com is in the process of being upgraded to provide a CLIENT LOGIN where customers will be able to see status of their orders, order archives and other analytical features to help making them decisions

Investor's Desk

All shareholder grievances can be fast-tracked by emailing us at info@kanplas.com

The AGM was conducted on 15th September, 2008

Job Opportunities

We recruit highly motivated candidates at Kanpur in our Marketing, Finance and Administration Departments. Production Dept. is always recruiting experienced motivated and qualified technical Engineers, Supervisors and Managers.

Corporate Social Responsibility

 

 

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