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Results Press Release For June 30, 2016 (Result)
Results Press Release For June 30, 2016 (Result)
Results Press Release For June 30, 2016 (Result)
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Company's Gross Sales for the 3 months of Fy 201G-17 has increased to Rs. 56.05
Cr from
Rs. 47.87 Cr from 3 months of Fy 2015-16. This is an increase of 17.O9 o/o
over previous
year.
This year results have better profit margins due to the following reasons:
Co.p Of: Varecha Chambe6, 3rd F @r, Opp tnfniriMau, New Link Road, Andher (wesl), Mufrbai 4OO 053
NOIATe : +91 226734 5555. Far: +41 22 6734 5506
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Update on Present Capex
The Company has already commissioned its capex expansion of Rs. 1S,00 crores for setting
up state of the art Positive Pressure Clean Room facility for manufacturing of.Food and
Pharmaceutical Grade FIBC Packaging Material".
We have already completed around 40 % of Building construction work, Almost all the
machinery has been identified and orders are placed, Internal Standards are in prepa.ation
and likely to be completed by the End of December. We accept the trial runs t; h;ppen in
the last Quarter ofthis FY.
Total Capital Expenditure of Rs. 22 Cr is Planned. The Balance Cap-Ex of Rs.7 Cr. Will be
attributed to the Dedicated Manufacturing Facility for the Water Conservation & Agri
Products.
Company will continue its efforts to Create Strong Brand in the Retail Market for the Water
Conservation and Agri Products Segment through various initiatives of Brand Development.
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