Mold-Tek Packaging Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023
February 09, 2024 at 02:59 am EST
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Mold-Tek Packaging Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 1,654.6 million compared to INR 1,548.33 million a year ago. Revenue was INR 1,655.12 million compared to INR 1,552.57 million a year ago. Net income was INR 141.96 million compared to INR 163.11 million a year ago.
For the nine months, sales was INR 5,217.8 million compared to INR 5,452.2 million a year ago. Revenue was INR 5,229.8 million compared to INR 5,459.4 million a year ago. Net income was INR 486.17 million compared to INR 574.36 million a year ago.
Mold-Tek Packaging Limited is an India-based holding company. The Company is engaged in the manufacturing of injection molded containers for lubes, paints, food, and other products. It operates through the packaging containers segment. The Companyâs products include paint packaging, lubricant packs, food containers, bulk packaging, and dispenser pumps & sanitizer containers. It also offers in-mould labelling (IML) decoration and also has a heat transfer label (HTL) as well as silk screen printing. The Company offers lube containers with tamperproof flexi spouts for easy pouring and usage. It also provides bulk containers for bulk drugs, chemicals, and food. Its products also include paint pails, lubricants, twist lock packs, peanut butter packs, restaurant packs and ice cream packs. The Company is also engaged in importing and supplying pumps for various sanitizers, hand wash, soap manufacturing companies, and others. Its wholly owned subsidiary is Mold-Tek Packaging FZE, UAE.
MOLD-TEK PACKAGING LIMITED 
