Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us  
Google
Web www.equitybulls.com
Stock Report

| More

Prakash Pipes Ltd - Q3FY21 Highlights

Posted On: 2021-01-12 00:48:58 (Time Zone: Arizona, USA)


Prakash Pipes Limited has announced the highlights for quarter ended December 31, 2020 (Q3FY21).

PVC Pipes & Fittings Division

The division recorded -9% growth (Y-o-Y) in production volumes in the quarter. The contribution of the PVC Fittings segment in the product mix has increased from 4% to 7%, registering 92% growth (Y-o-Y) in its production volume.

The Company has installed 3 new moulding machines during the quarter and is committed to increase the volume in the PVC Fittings segment which has higher margins.

Flexible Packaging Division

The division recorded more than 50% growth (Y-o-Y) in production volumes in the quarter. Encouraged with the phenomenal growth, the Company has enhanced its capacity by commissioning 3rd Printing Machine. The enhanced capacity of Flexible Laminates now stands at 14,400 tonnes per annum.

Further, as a step towards backward integration, the Company has successfully commissioned Rotogravure Cylinder plant during the quarter. This will improve the print quality, reduce the turn-around time and result in savings in ink consumption. The entire expansion in both the divisions is funded entirely through internal accruals, which will significantly boost the revenue and profitability of the Company in the coming times.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Thirumalai Chemicals Ltd announces senior levels changes and appointments

Tower Infrastructure Trust declares distribution of Rs. 0.5949

Venky's India Limited clarifies on Avian Influenza (bird flu) outbreak

L&T Construction secures large contract from Rail Vikas Nigam Limited

Three Adani Airports - Ahmedabad, Mangaluru & Lucknow awarded ACI Airport Health Accreditation for safe travel

L&T Technology Services rated as Global pure-play ER&D Services Leader by Zinnov

CESC Ltd arm increases stake in Noida Power Company Ltd to 72.73%

Indus Towers Ltd board to consider Q3FY21, 9MFY21 results on Jan 28, 2021

Metropolis Healthcare to acquire Hitech Diagnostic Centre to strengthen its leadership position in South India

Oberoi Realty Limited board to announce Q3 results on Jan 22, 2021

PG Electroplast Ltd board to consider Q3FY21 results on Jan 25, 2021

TGV Sraac Ltd board to approve 3rd quarter results on Jan 25, 2021

Natural Capsules Ltd board to announce third quarter results on Jan 25, 2021

India Grid Trust board to consider distribution, financial information on Jan 22, 2021

High Energy Batteries India Ltd board to approve quarterly results on Feb 6, 2021

Security and Intelligence Services (India) Ltd board to consider Q3FY21, 9MFY21 results on Feb 3, 2021

Stylam Industries Limited board to announce third quarter results on Jan 25, 2021

Phillips Carbon Black Ltd board to approve interim dividend on Jan 20, 2021

Shriram City Union Finance Ltd board to consider 3rd quarter results on Jan 29, 2021

Shreyans Industries Ltd board to approve quarterly results on Feb 11, 2021

Firstsource Solutions Ltd board to announce Q3FY21 results on Feb 9, 2021

3i Infotech Ltd board to consider Q3 results on Jan 28, 2021

HDFC Bank's Net NPA at 0.09%

HDB Financial Services Limited reports loss of Rs. 44.3 crore in Q3FY21

HDFC Bank increases distribution network YoY

HDFC Bank's balance sheet size grows 18.6% YoY

HDFC Securities Limited posts PAT of Rs. 166.6 crore in Q3FY21

HDFC Bank's Capital Adequacy Ratio was at 18.9% as of Dec 31, 2020

Parmax Pharma Limited approves preferential issue

Rossari Biotech Ltd board to approve quarterly results on Jan 23, 2021

Aditya Vision Limited opens 57th showroom

JBM Auto Limited receives orders for supply of 700 JBM CITYLIFE buses

Gujarat Hotels Ltd posts net profit of Rs. 0.58 crore in Q3FY21

Sacheta Metals Ltd Q3FY21 net profit at Rs. 0.89 crore

HDFC Bank Ltd Q3FY21 consolidated PAT climbs to Rs. 8769.33 crores

Star Cement Limited commences commercial production of new grinding unit

Chembond Chemicals Ltd Q3FY21 consolidated PAT zooms to Rs. 8.44 crore

Apollo Pipes Ltd reports net profit of Rs. 16.33 crores in Q3 FY2020-21

Apollo Hospitals begins vaccinating healthcare workers

International Travel House Ltd Q3FY21 loss at Rs. 10.69 crore

GE T&D India Limited to sell its GLobal Engineering Operations Division

IRB InvIT Fund to distribute Rs. 2.50 per unit for Q3 FY21

Smruthi Organics Ltd board recommends 2:1 bonus shares

Smruthi Organics Ltd Q3FY21 net profit drops QoQ to Rs. 5.10 crore

SpiceJet to connect Delhi with Sikkim with a daily non-stop flight

Indian Railway Finance Corporation Ltd raised Rs 1398.63 crores from 31 anchor investors ahead of its public issue

CRISIL A1+ rating reaffirmed to PNB Gilts Ltd's Rs. 1000 commercial paper programme

Pudumjee Paper Products Ltd board to announce Q3 results on Jan 23, 2021

SML ISUZU Ltd board to consider Q3FY21 results on Feb 5, 2021

Indian Energy Exchange Ltd board to consider interim dividend on Jan 21, 2021



Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2020