Rajoo Engineers Limited Reports Unaudited Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2016
January 20, 2017 at 04:57 am
Share
Rajoo Engineers Limited reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2016. For the quarter, the company reported net sales of INR 161.434 million, profit from operations before other income, finance costs and exceptional items of INR 9.901 million, profit from ordinary activities before tax of INR 7.561 million and net profit after taxes, minority interest and share of profit of associates of INR 5.108 million or INR 0.09 per diluted share (after extraordinary items) compared to net sales of INR 217.494 million, profit from operations before other income, finance costs and exceptional items of INR 19.685 million, profit from ordinary activities before tax of INR 18.961 million and net profit after taxes, minority interest and share of profit of associates of INR 12.809 million or INR 0.22 per diluted share (after extraordinary items) reported in the same period last year.
For the nine months, the company reported net sales of INR 626.409 million, profit from operations before other income, finance costs and exceptional items of INR 54.894 million, profit from ordinary activities before tax of INR 52.207 million and net profit after taxes, minority interest and share of profit of associates of INR 35.268 million or INR 0.61 per diluted share (after extraordinary items) compared to net sales of INR 668.189 million, profit from operations before other income, finance costs and exceptional items of INR 60.653 million, profit from ordinary activities before tax of INR 59.683 million and net profit after taxes, minority interest and share of profit of associates of INR 40.319 million or INR 0.69 per diluted share (after extraordinary items) reported in the same period last year.
Rajoo Engineers Limited is an India-based company, which is engaged in the manufacturing and selling of plastic processing machineries and post extrusion equipment. The Company caters to both international and domestic markets. The Company's product categories include multi station thermoforming machine, extrusion coating and lamination line, cross lamination film line, N 95 mask making machine, lab equipments, mono and multilayer blown films lines, mono and multilayer sheet lines, foam extrusion systems (chemical and physical), pipe plants and drip irrigation. Its brands include LAMINA - E, PentaFoil, FOILEX, AQUAFLEX, LABEX, MULTIFOIL, LAMINA, HEPTAFOIL, LAMEX and DISPOCON. The Company's products have applications in flexible packaging, agriculture, infrastructure, automobiles, food and beverages, pharmaceutical, white goods, and stationery and printing. Its service and support include technical assistance, field services, training, manuals, extrusion hints and trouble shooting.