Brief: India's Mold-Tek Packaging Sept-Quarter Consol Net Profit Rises

Mold-Tek Packaging

01/11/2021 08:10

Nov 1 (Reuters) - Mold-Tek Packaging Ltd  MOLT.NS :
    * SEPT-QUARTER CONSOL NET PROFIT 175.9 MILLION RUPEES VERSUS
134.6
MILLION RUPEES YEAR AGO
    * SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 1.60 BILLION
RUPEES
VERSUS 1.19 BILLION RUPEES YEAR AGO
    * SAYS CO DOUBLES IML LABEL PRODUCTION CAPACITY DUE TO HIGH
DEMAND
    * SAYS SEEING STEEP INFLATION IN RAW MATERIAL PRICES, PASSED
ON
PRICE DIFFERENTIAL TO CLIENTS
    * SAYS TO CONSIDER FUND RAISE

Source text for Eikon:  ID:nBSEx3MLV 
Further company coverage:  MOLT.NS 

 ((Reuters.Briefs@thomsonreuters.com;))