Clear Mipak Packaging to merge with Hitech Plast
Meanwhile, Hitech Plast reported 16.65 percent jump in a consolidated total income from operations to Rs 136.92 crore from last year's Rs 117.38 crore
BS B2B Bureau B2B Connect | Mumbai
Hitech is one of India’s leading rigid plastics packaging manufacturers catering to industries such as paint, personal care, agrochemicals, health care, confectionary, lube and retail household products. With 13 plants across the country, it is the largest manufacturer of paint pails/containers.
Meanwhile, Hitech Plast has reported a consolidated total income from operations of Rs 136.92 crore for the second quarter in 2014-15 – up by 16.65 percent compared to Rs 117.38 crore in the quarter ended September 2013. Net profit was also up 66.89 percent to Rs 2.47 crore during Q2 of 2014-15 compared to last year’s Rs 1.48 crore.
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First Published: Nov 14 2014 | 12:51 PM IST