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Packaging major Essel Propack today reported 24% rise in consolidated net profit at Rs 28.69 crore for the quarter ended September 30 on the back of higher income.
The company's net profit during the same quarter of the last fiscal was Rs 23.24 crore, the company said in a filing to BSE.
The total income from operations of the company during the period went up to Rs 526.07 crore compared to Rs 476.61 crore in the corresponding quarter of the previous financial year, it said.
Essel Propack, part of the $2.4 billion Essel Group, is a leading speciality packaging company. It manufactures laminated and seamless or extruded plastic tubes.
With over 2,500 people representing 25 different nationalities, Essel Propack functions through 24 state of the art facilities in 12 countries.
