Q3FY17 Results : Essel Propack

Bhagyashree Vivarekar / 02 Feb 2017

Q3FY17 Results : Essel Propack

The company’s sales for Q3FY17 came in at Rs 607.5 crore, which represents a 1.91 per cent sequential increase and 16.98per cent YoY increase.

Essel Propack Ltd. reported its consolidated results for the quarter ended December 31, 2016 today. 

The company’s sales for Q3FY17 came in at Rs 607.5 crore, which represents a 1.91 per cent sequential increase and 16.98 per cent YoY increase.

Its operating profit (EBIT) for the quarter amounted to Rs 60.7 crore and its EBIT margin was 9.99 per cent.

The company’s PAT of Rs 37.95 crore represents a sequential QoQ decline of 46.32 per cent and a YoY decline of 7.44 per cent.

Essel Propack Ltd is an specialty packaging company engaged in the manufacture of laminated and seamless or extruded plastic tubes. The company's products are laminated tubes, plastic tubes, caps and closures, etain and egnite. The company's business segment is plastic packing materials.

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