- News |
-
- Featured
-
Canada’s privacy commissioner launches investigation over the use..
As the years pass by, technology also widens, and more and more are being discovered. From simple gadgets..
- Business |
-
- Featured
-
Be an informer to I-T dept; earn up..
Sharing "specific information" with the income tax department about any benami..
- Tech & Industry |
-
- Featured
-
Gravitational wave event likely signaled birth of black..
The merger of two neutron stars that generated gravitational waves detected last year may have led to the birth..
- Entertainment |
-
- Topics
- Malayalam Film
- Media
- Music
- Youth
-
- Featured
-
Shawn Mendes Released Highly Anticipated Self-Titled Album Today
Los Angeles, CA : Multi-Platinum singer/songwriter Shawn Mendes released his highly anticipated self-titled third album today, via Island Records. Get..
-
- New Products |
-
- Topics
- General
-
- Featured
-
ZOTAC Introduces Its GeForce GTX 960 series graphics..
Dubai- ZOTAC International, a leading innovator and manufacturer of graphic cards and mini-
-
- Education |
-
- Topics
- Campus News
-
- Featured
-
ITM University, Gurgaon Student Palash Chhabra Represents Varsity..
New Delhi: Palash Chhabra, a student of ITM University,..
-
- Health |
-
- Topics
- Medical News
-
- Featured
-
Maharshi Shushruta, The Great Grandfather of Surgery!
by Ayurvedacharya Dr.Hitesh Jani Dr.Hitesh Jani
-
- Tourism |
-
- Topics
- Travel
- Food&Beverages
- Hospitality
-
- Featured
-
“Keraliya Ayurveda is Credible and Authentic”
Irina Gurjeva Irina Gurjeva is not just another vacationer in..
-
- Sports |
- Editor's column |
- Magazine |
TCPL Packaging FY12 total income up 17.78% at Rs.295.67 crore
Published on May 20, 2012
by NR INDRAN / INT
Mumbai : TCPL Packaging Ltd. (TCPL), one ofthe largest manufacturers of 
folding cartons, has achieved an 18 per cent risein total income at Rs 78 crore for the fourth quarter ended March 31, 2012 asagainst Rs 66 crore in the corresponding quarter previous year.
EBIDTA stood at Rs.16.7 crore, up 77% against Rs 9.4 crore in 4Q FY11.EBIDTA margin improved by 6.7 bps to 21.6 % as compared to 14.2% in 4Q FY11.
The Company’s profit prior to tax and extraordinary items registered agrowth of 209.22 % during 4Q FY12 to Rs 8.72 crore as compared to Rs 2.82 croreduring 4QFY11. Profit after tax (PAT) for 4Q FY12 stood at Rs 6.5 crore ascompared to Rs 1.6 crore during 4Q FY11.6
FY12Performance
The Company’s income increased by 17.92 % to Rs.283 crore as compared toRs. 240 crore in FY11. EBIDTA increased by 29.02 % to Rs. 44.9 crore ascompared to Rs 34.8 crore in FY11. EBIDTA margin improved by 1.5 bps to 16 % ascompared to 14.5% in FY11.
Profit before exceptional items is up 45% at Rs 14.9 crore as against Rs10.3 crore. Net profit for FY12 stood at Rs 7.8 crore as compared to Rs 6.3crore in FY11. The Company incurred a forex loss of Rs 3.53 crore thatimpacted its profitability
Business developments
·The company has converted 33194 M.T ofpaperboard as against 30,984 M.T in the previous year.
·During FY12, the Company successfully added athird line, having capacity of 9000 mtpa of offset printing press at HaridwarIt has set up a 3600 mtpa corrugated plant in Goa which will go for productionin May 2012.
·The export sales have grown substantially fromRs 31.01 cr to Rs 50.59 cr, registering a growth of 63.14%.
·The Company plans to enhance presence in FMCGsegment by introducing flexible innovative packaging solutions to new clientele.
Management comment
Commenting on the FY12 results, Mr. Saket Kanoria, Managing Director said:“In a challenging year, we have grown by 20%, mainly driven by the growth inthe FMCG segment and our expansions. During the year, we have strengthened ourpresence in FMCG segment by adding new clients. With plans to enter theflexible packaging segment, we would be offering our clients an enhancedproduct range and expand our value chain.”
You can contact author @ [email protected]
