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  • Emmbi Polyarns Q2 PAT up by 33.70%, revenues up 35.67%

    Published on November 14, 2011

    by NR INDRAN / INT

    EmmbiPolyarns Limited, one of the well established players in thefield of woven polyethylene and polypropylene product manufacturing industry,reported a 35.67% rise in revenue and a robust 33.70% jump in the net profitfor the quarter ended September 30, 2011.

    Whilethe company saw its net profit touching Rs. 115.64 lacs, which is a 33.70% riseover the net profit of Rs. 86.49 lacs for the corresponding period last year,its net sales increased by nearly 35.67% to Rs. 2425.88 lacs in the reportingquarter from Rs. 1788.01 lacs for the corresponding quarter last fiscal year.

    TheManaging Director, Mr. Makrand Appalwar, Emmbi Polyarns Ltd. commenting on the resultssaid, “We are exceptionally pleased with our performance. The hard work put intogether by us have yielded excellent results. We are also happy to inform thatcompany has successfully completed the expansion project which was completedfrom the proceeds of IPO which was in Feb 2010. We are grateful for thecontinuous support shown to us by our shareholders which give us the confidenceto perform stupendously.”

    Emmbi Polyarns Limited is one ofthe well established brands in the field of woven polyethylene andpolypropylene product having a 17 years track record of business in the fieldof Flexible Intermediate Bulk Container (FIBC), Bulk Container liners, CanalLiners, Protective Irrigation Systems, Flexible Water Tanks, Car Covers andGeotextile which find large scale application in the segments like Cement, BulkChemicals, Agriculture, Water Conservation and infrastructure. Emmbi Polyarnsis one of the a pioneer in the production of Flexible water tanks & WovenGeo-textile in India.

    Emmbihas managed to spread its customer base in about 30 countries in fivecontinents. It is ranked in the top three exporters in the products based onwoven textile. In the last 5 years Emmbi has contacted clients and jointventure companies globally in over a dozen industries in the fields such as;Construction, Agriculture, Consumer packaged goods, Hazardous Waste Disposaland Manufacturing to develop the international market for new products designed& produced by Emmbi in India.

    You can contact author @ [email protected]

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