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Essel: The road ahead

Jan 3, 2002

Essel Packaging had its share of limelight in the year FY01. The company merged with Propack and in effect became the largest company making laminated tubes, having a dominant presence both in India and China. We take a look at how the company fared in the recent past and what's the outlook going forward.

Essel: Looking for consolidation benefits

May 16, 2001

Essel Propack Limited (formerly Essel Packaging) has reported a net profit growth of 16% to Rs 95 m in 4QFY01. The company's turnover during the period saw a 23% growth YoY. Essel finished FY01 with a 10% turnover growth and an 18% jump in net profit.

Essel-Propack becomes Numero Uno

Nov 15, 2000

Essel Packaging has hitherto been acknowledged as the 2nd largest producer of laminate tubes worldwide (production 1.2 bn tubes per annum). Not any more. Starting today, Essel Packaging has joined hands with Propack to create the largest laminate tubes company in the world, with a current capacity of more than 2 bn tubes.

Paper Products maintains net profit in 2QFY2000

Nov 1, 1999

Packaging major, The Paper Products Company Limited has registered negligible growth in net profit toRs 27 m in 2QFY2000, despite a healthy 25% surge in turnover to Rs 625 m.

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