Mold-Tek Packaging Limited Reports Earnings Results for the Full Year Ended March 31, 2022
May 09, 2022 at 02:20 pm IST
Share
Mold-Tek Packaging Limited reported earnings results for the full year ended March 31, 2022. For the full year, the company reported sales was INR 6,314.7 million compared to INR 4,789.25 million a year ago. Revenue was INR 6,330.36 million compared to INR 4,798.1 million a year ago. Net income was INR 636.53 million compared to INR 479.56 million a year ago. Basic earnings per share from continuing operations was INR 22.12 compared to INR 16.82 a year ago. Diluted earnings per share from continuing operations was INR 21.14 compared to INR 16.14 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.