National Plastic Industries Ltd 2013 Annual Report
Company: National Plastic Industries Ltd
Sector: Manufacturing
Country: India
Year: 2013
Type: Annual Report
Pages: 48
The report describes National Plastic Industries Limited's 2012-2013 performance amid difficult market conditions, with net sales rising to ₹ 60.17 Crores from ₹ 58.05 Crores. It records a net loss of ₹ 225.79 Lacs, attributed to inflation, higher raw-material and finance costs, and exchange-rate volatility. The directors therefore did not recommend a dividend. The report also notes ongoing efforts to reduce wastage and improve production efficiency.
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