Emmbi Polyarns PAT up 46.65 per cent to Rs 2.56 crore

Emmbi Polyarns posted a 46.65 per cent jump in its net profit for the year ended March 31, 2011 at Rs 2.56-crore, as against Rs 1.75 crore in the same period last year.

MUMBAI: Emmbi Polyarns today posted 46.65 per cent jump in its net profit for the year ended March 31, 2011 at Rs 2.56-crore, as against Rs 1.75 crore in the same period last year.

The company's revenue grew 40.74 per cent at Rs 75.40 crore for the year ended March 31, as compared to Rs 51.83 crore the year ago period.

The company's Board of Directors have recommended a dividend of Rs 0.20 per share for the financial year ended March 31.

"We are extremely pleased with the numbers. Considering the capacity of newly expanded project, we expect much more healthy numbers in the current fiscal," Emmbi Polyarns Ltd Managing Director Makrand Appalwar said in a statement.

Emmbi Polyarns is one of the well established brands in the field of woven polyethylene and polypropylene product manufacturing industry.
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