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Captain Polyplast consolidated net profit declines 12 50% in the March 2021 quarter

Captain Polyplast consolidated net profit declines 12 50% in the March 2021 quarter
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Captain Polyplast provides update on its solar EPC segment

Captain Polyplast announced an update to its foray into solar EPC segment. The solar EPC segment, complements company s focus on sustainable products/technologies and would help us to participate in government s drive for expanding renewable energy capacity in India by 175 GW till 2022. The company has set up dedicated teams for solar EPC project across the country for retail, commercial and large-scale project application. So far the company has successfully completed solar EPC projects with capacity of more than 1,500KW across 340+ customers so far. Currently, the company has an order in pipeline of 5,000KW and additional projects are expected to be finalized and executed in this financial year.

Captain Polyplast augments capacity at Kurnool plant

Captain Polyplast has undertaken addition of new manufacturing lines at the Kurnool plant considering the positive traction in sales from the plant in current year. The company has commissioned 2 lines of PVC pipe and 1 line of HDPE/Sprinkler pipe. This capacity addition puts the company on a strong foundation to tap the large market for pipes and micro irrigation in South India. Powered by Capital Market - Live News (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) Dear Reader, Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed

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