- Net Sales increased by 61.46% to Rs.697.27 cr.
- PAT increased by 129.31% to Rs.106.31 cr.
India’s largest producer of BOPP & PET films, Jindal Polyfilms, today reported its Q4 numbers with a 61.46% rise in revenue and a 129.31% jump in the net profit for the quarter ended 31st March, 2011.
Continuing with its impressive performance track record, Jindal Poly reported its net profit at Rs.106.31 crore for the 4th quarter ended 31st March, 2011 as against Rs.46.36 crore in the corresponding quarter last year.
For the financial year 2010-11, the Company reported a net profit of Rs.590.63 crore, a growth of 183.44% over the previous year net profit of Rs.208.38 cr.
Its net sales registered an increase of 67.77% to Rs.2,669.27 crore for the financial year 2010-11 over the last financial year of Rs.1,590.99 crore. Similarly, the export revenues of the Company increased by 133.81% from Rs.318.77 crore in FY2009-10 to Rs.745.33 crore during the FY2010-11.
About Jindal Poly Films Ltd
Jindal Poly Films Limited (JPFL) is engaged in the manufacturing of Polyester (PET) and Polypropylene (OPP) films since 1984. JPFL is India’s largest producer of PET and BOPP films.
The Company is one the lowest cost producers of BOPP and BOPET films in the world.
The Company has installed the most modern, wide width high productivity equipment to deliver world class products to Europe and US.
Jindal Poly Films Limited is a part of INR 45 billion B.C. Jindal group, a 50 year old industrial group offering a wide range of products. The group has promoted a number of companies over the years and is involved in diverse activities including manufacturing of Polyester Film, Polypropylene film, Steel pipes and Photographic products and has recently forayed into the power business.
