Mold-Tek Packaging Limited Announces Unaudited Earnings Results for the Third Quarter and Nine Months Ended December 31, 2012
January 28, 2013 at 08:03 pm IST
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Mold-Tek Packaging Limited Announced unaudited earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported net sale/income from operations of INR 483.988 million, profit before interest and exceptional expenditure was INR 41.473 million, profit before tax was INR 26.339 million, net profit after tax was INR 17.803 million and net profit after tax & prior period items of INR 17.788 million or earnings per diluted share of INR 6.26 against net sale/income from operations of INR 395.759 million, profit before interest and exceptional expenditure of INR 39.080 million, profit before tax of INR 33.007 million, net profit after tax of INR 23.314 million and net profit after tax & prior period items of INR 23.314 million or earnings per diluted share of INR 7.99 for the same period a year ago. EBITDA was INR 0.555 million against INR 0.135 million a year ago.
For the nine months, the company reported net sale/income from operations of INR 1,434.993 million, profit before interest and exceptional expenditure was INR 120.571 million, profit before tax was INR 79.291 million, net profit after tax was INR 56.958 million and net profit after tax & prior period items of INR 57.823 million or earnings per diluted share of INR 6.80 against net sale/income from operations of INR 1,319.137 million, profit before interest and exceptional expenditure of INR 146.837 million, profit before tax of INR 119.951 million, net profit after tax of INR 84.096 million and net profit after tax & prior period items of INR 84.058 million or earnings per diluted share of INR 9.60 for the same period a year ago.
Mold-Tek Packaging Limited is an India-based holding company. The Company is engaged in the manufacturing of injection molded containers for lubes, paints, food, and other products. It operates through the packaging containers segment. The Companyâs products include paint packaging, lubricant packs, food containers, bulk packaging, and dispenser pumps & sanitizer containers. It also offers in-mould labelling (IML) decoration and also has a heat transfer label (HTL) as well as silk screen printing. The Company offers lube containers with tamperproof flexi spouts for easy pouring and usage. It also provides bulk containers for bulk drugs, chemicals, and food. Its products also include paint pails, lubricants, twist lock packs, peanut butter packs, restaurant packs and ice cream packs. The Company is also engaged in importing and supplying pumps for various sanitizers, hand wash, soap manufacturing companies, and others. Its wholly owned subsidiary is Mold-Tek Packaging FZE, UAE.