New Delhi, Nov 13 (PTI) Injecto Polymers Ltd, a packaging solutions company, has reported twofold jump in net profit at Rs 10.66 crore for the first six months of this fiscal on higher revenue and will expand installed capacity by 6,000 tonne per annum by April next year.
Its net profit stood at Rs 5.46 crore in the year-ago period.
Revenue from operations grew 34.5 per cent to Rs 193.54 crore during April-September 2026-27 from Rs 143.93 crore a year ago, the company said in a statement.
West Bengal-based Injecto Polymers, listed on BSE's SME platform, has two manufacturing plants at Jaugram and Howrah with an installed capacity of 12,070 tonnes per annum. It sells packaging products to institutional and industrial customers across agriculture, construction, textiles, chemicals, food grain and consumer goods.
The company said that capacity expansion of 1,200 tonne is under implementation. The proposed Phase IV expansion of 4,800 tonne at Jaugram is expected to be commissioned by April 2027, taking the total projected capacity to 18,070 tonne per annum.
CMD Ramesh Kumar Rateria said the company had a strong first half marked by a clear improvement in profitability.
"Our earnings have grown faster than our revenue, reflecting better operational efficiency and cost discipline as we scale. Equally important, we have turned operating cash flow positive and reduced our borrowings," he added.
During the full last fiscal, the company reported a net profit of Rs 16.01 crore on a total revenue of Rs 376 crore.
