by NR INDRAN / INT

Emmbi Polyarns Limited , one of the well established players in thefield of woven polyethylene and polypropylene product manufacturing industry, today announced the quarterly numbers for the quarter ended December 31, 2011.

While the company saw its net profit touching Rs. 101.64 lacs for the quarter ended December31, 2011 as compared with Rs. 104.05 lacs for the corresponding period last year, its net sales increased by nearly 27% to Rs. 2791.36 lacs in the reporting quarter from Rs. 2425.88 lacs for the corresponding quarter last fiscal year.

The company’s Nine months Revenues stood at Rs. 7130.43 lacs up by 33.69% as compared to Rs. 5333.38 lacs in the corresponding period of the previous year .Also there is a 14.17% rise in net profit at Rs. 308.25 lacs for Nine month sending December 31, 2011; as compared to Rs. 269.99 lacs in the corresponding period of the previous year.

The Managing Director, Mr. Makrand Appalwar, Emmbi Polyarns Ltd. commenting on the results said, “We are extremely pleased with the third quarter numbers. We have put in huge efforts which have been strongly reflected in our performance. We are thankful for the continuous support of our shareholders which give us the confidence to perform more aggressively.”

Emmbi Polyarns Limited is one of the well established brands in the field of woven polyethylene and polypropylene product having a 17 years track record of business in the field of 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, Bulk Chemicals, Agriculture, Water Conservation and infrastructure. Emmbi Polyarnsis one of the a pioneer in the production of Flexible water tanks & Woven Geo-textile in India.

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

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