P G Foils Limited Reports Unaudited Earnings Results for the Third Quarter and Nine Months Ended December 31, 2013
January 17, 2014 at 10:48 pm IST
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P G Foils Limited reported unaudited earnings results for the third quarter and nine months ended December 31, 2013. The company reported total income from operations of INR 603.434 million, profit from operations before other income, finance costs and exceptional items of INR 22.521 million, profit from ordinary activities before tax of INR 12.999 million, net profit of INR 9.999 million or INR 1.23 per basic and diluted share against total income from operations of INR 502.242 million, profit from operations before other income, finance costs and exceptional items of INR 18.203 million, profit from ordinary activities before tax of INR 13.835 million, net profit of INR 11.335 million or INR 1.40 per basic and diluted share a year ago.
For the nine months, the company reported total income from operations of INR 1,397.057 million, profit from operations before other income, finance costs and exceptional items of INR 15.610 million, profit from ordinary activities before tax of INR 28.007 million, net profit of INR 22.007 million or INR 2.71 per basic and diluted share against total income from operations of INR 1,477.082 million, profit from operations before other income, finance costs and exceptional items of INR 31.396 million, profit from ordinary activities before tax of INR 42.497 million, net profit of INR 32.497 million or INR 4.01 per basic and diluted share a year ago.
PG Foils Limited is an India-based aluminum foil company. The Company is primarily in the business of manufacture and sale of aluminum foil in the various form. Its products include pharma foil, blister foil, tagger foil, sachet foil, bare foil, house foil, tea bag foil, cigarette foil, container foil, polyester foil, multilayer laminated foil (both PET and paper-based), poly laminates, ice cream laminates, paper-based laminates, chocolate wraps, and contraceptive wraps. It also provides 3-4 Ply Sachet Foil, Household Foil, Pharmaceutical Strip Foil, Cold Forming Alu Alu Foils, Lidding Foil, Polyvinyl Chloride-Polyvinylidene Chloride (PVDC) Film Confectionery Foil, Pharmaceutical Blister Foil, and Tagger Foil. The Companyâs products are supplied in India and over 24 countries abroad, including the United Kingdom, United Arab Emirates, Australia, Russia, Bangladesh, Sri Lanka, Egypt, Jordan, Mexico, Oman, Nepal, Philippines, Kenya, Sudan, Iran, Ghana, and Nigeria.