Paper Products post solid numbers in quarter ended June 2013
Packaging major Paper Products has reported a standalone sales turnover of Rs 257.55 crore and a net profit of Rs 14.45 crore for the quarter ended June 2013. Other income for the quarter was Rs 1.97 crore.
13 Aug 2013 | By Mihir Joshi
Paper Products post solid numbers in quarter ended June 2013
Paper Products offers a wide portfolio of packaging solutions that include flexible packaging, labelling technologies and specialised cartons. And all this supported by the packaging machine division to provide the customer with total packaging solutions. They have three state of the art, fully integrated manufacturing facilities at Thane, Silvassa and Hyderabad. Their client list that includes Levers, Nestle, Cadbury, Britannia, Glaxo Smithkline, Coca Cola, Perfetti, Dabur, Marico, Procter & Gamble.
Paper Products is a part Huhtamaki Group, a leading global manufacturer of consumer and specialty packaging, who hold 60.77% of the equity capital. Last year Finland-based Huhtamaki Oyj acquired 51% stakes in Webtech Labels.
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