Thursday, Mar 28 2024 | Time 15:58 Hrs(IST)
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Business Economy


Chennai, May 24 (UNI) The Pune-based Pudumjee Paper Products Limited (PPPL)
has reported encouraging results with the Profit Before Tax (PBT0 for the year
ended March 31, 2022 registering a 33 per cent growth.
A company release here today said this year it had produced 50,420 MT of paper,
a 15% increase over 43,997 MT produced during the previous year.
The turnover for the year increased by about 27% to Rs.55,526 lakh as against last
year's Rs.4,3688 lakh.
In spite of nearly 25% rise in certain input costs, it succeeded in maintaining EBIDTA
at Rs.7,576 lakh (Rs.7,602 lakh).
The total PBT for the year showed a rise of 33% and stood at Rs.4,600 lakh as against
Rs.3,470 lakh.
The Profit after Tax for the year stood at Rs.3,453 lakh as against Rs.3,003 lakh last year.
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.
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.
UNI GV 1726
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