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March 26, 2015 4:02 PM ET

Containers and Packaging

Company Overview of B & A Packaging India Ltd

Company Overview

B & A Packaging India Limited manufactures and sells paper sacks in India. It operates through two segments, Paper Sacks and Flexible Laminates. The Paper Sacks segment offers valved sacks, open-mouth sacks, pinch bottom sacks, sewn sacks, and reinforced sacks for use in packaging of retail and industrial products, such as tea, carbon black, cement, spices, rubber chemicals, pigments, flours, refractories, bitumen, wax, milk powder, polyester chips, and others. Its paper sacks are also used for packaging food products, including baking powder, peas, beans, peanuts, corn meal, potatoes, corn starch, rice, dried milk salt, dried whey, sugar, pet food, starches, fish meal, and vegetable produce...

113, Park Street

9th Floor

Kolkata,  700016

India

Founded in 1986

85 Employees

Phone:

91 33 2226 9582

Fax:

91 33 2227 7538

Key Executives for B & A Packaging India Ltd

Senior Manager of Finance
Compliance Officer and Company Secretary
Compensation as of Fiscal Year 2014.

B & A Packaging India Ltd Key Developments

B & A Packaging India Ltd Reports Unaudited Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2014

B & A Packaging India Ltd. reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2014. For the quarter, the company reported net sales/income from operations of INR 90.63 million compared to INR 81.94 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 18.52 million compared to profit from operations before other income, finance cost and exceptional items of INR 10.30 million a year ago. Profit from ordinary activities before tax was INR 14.56 million compared to profit from ordinary activities before tax of INR 5.03 million a year ago. Net profit for the period was INR 9.83 million or INR 1.98 per diluted share compared to net profit for the period of INR 3.40 million or INR 0.68 per diluted share a year ago. For the nine months, the company reported net sales/income from operations of INR 364.41 million compared to INR 304.23 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 50.38 million compared to profit from operations before other income, finance cost and exceptional items of INR 38.84 million a year ago. Profit from ordinary activities before tax was INR 34.95 million compared to profit from ordinary activities before tax of INR 22.70 million a year ago. Net profit for the period was INR 23.61 million or INR 4.76 per diluted share compared to net profit for the period of INR 15.33 million or INR 3.09 per diluted share a year ago.

B & A Packaging India Ltd, Board Meeting, Feb 02, 2015

B & A Packaging India Ltd, Board Meeting, Feb 02, 2015. Agenda: To consider unaudited standalone earnings results for the third quarter and nine months ended December 31, 2014.

B & A Packaging India Ltd. Announces Unaudited Earnings Results for the Second Quarter and Six Months Ended September 30, 2014

B & A Packaging India Ltd. announced unaudited earnings results for the second quarter and six months ended September 30, 2014. For the quarter, the company reported net sales of INR 143.027 million against INR 134.926 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 16.007 million against INR 20.935 million a year ago. Profit from ordinary activities before tax was INR 10.053 million against INR 15.742 million a year ago. Net profit was INR 6.791 million or INR 1.37 per basic and diluted share after extraordinary items compared to INR 10.605 million or INR 2.14 per basic and diluted share after extraordinary items a year ago period. For the six months, the company reported net sales of INR 273.778 million against INR 222.498 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 31.855 million against INR 28.539 million a year ago. Profit from ordinary activities before tax was INR 20.392 million against INR 17.671 million a year ago. Net profit was INR 13.776 million or INR 2.78 per basic and diluted share after extraordinary items compared to INR 11.938 million or INR 2.41 per basic and diluted share after extraordinary items a year ago period.

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