Prefab Tech: Profit Surges with Soaring Income

Epack Prefab Technologies Ltd reported a two-fold increase in net profit, reaching Rs 29.46 crore in Q2, with income rising to Rs 436.72 crore. The company's thriving performance in the prefab and EPS packaging sector highlights a successful fiscal period.

Epack Prefab Technologies Ltd reported a remarkable two-fold increase in its consolidated net profit to Rs 29.46 crore in the second quarter of this fiscal year, propelled by higher income.

The company's net profit was Rs 14.42 crore for the same period last year. Its total income surged to Rs 436.72 crore in the July-September quarter, up from Rs 270.82 crore in the comparable period of the previous year, as stated in a regulatory filing this Wednesday.

Epack, which ventured into the market in 1999 and recently listed on the stock exchanges, specializes in prefab and EPS packaging. Its order book reached Rs 655.6 crore at the end of the first half of this fiscal period.