Hindustan Tin Works Ltd has posted a promising 25.9% increase in its profits from Rs. 1.08 Cr in Q2 last year to Rs. 1.21 Cr. in Q2 this year (Quarter ended 30th September). These figures are after payment of tax. The net sales also saw a marginal increase to Rs. 60 crores.
The earnings per share have also increased by 11.4 percent from Rs. 1.04 to Rs. 1.16. Revenue of the company has also seen a 11.4% jump as compare to earlier figures.
Hindustan Tin Works is a can manufacturer producing a wide range of cans and quality packing solutions for use by Dairy Products, Edible Oils, Tea, Coffee, Motor Oils, Medicines, Pesticides, Chemical and Paint Industries.
The company also specialises in manufacturing lithographed metal containers and tin cans for use by various industries and also holds the reputation to have conceptualized & started the 2 piece cans business in India.