Pudumjee Paper Products FY22 PBT up 33%
Pudumjee Paper Products FY22 PBT up 33%: Pudumjee Paper Products Limited (PPPL) has reported encouraging results for the year ended 31st March, 2022.
During the year ended 31st March, 2022, the Company produced 50420 MT of paper, a 15% increase over 43997 MT produced during the previous year. The Turnover for the year increased by about 27% to Rs.55526 lacs (Last year Rs.43688 lacs), and in spite of nearly 25% rise in certain input costs, it succeeded in maintaining EBIDTA at Rs. 7576 lacs (Rs.7602 lacs). Total Profit Before Tax for the year ended 31st March, 2022 showed a rise of 33% and stood at Rs.4600 lacs (Rs.3470 lacs). Profit after Tax for the year stood at Rs.3453 lacs (Rs.3003 lacs).
Pudumjee Paper Products FY22 PBT up 33%
The company manufactures various specialty papers required as input for packaging material, various food products, pharmaceutical and other products, hospital supplies, hygiene sectors, food, confectionary etc.
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The Company is currently operating at about 70% of its capacity and believes that the capacity utilization should gradually improve as the economy returns to normalcy, post Covid.
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