Machino Plastics incorporated on 2 April 1986 as joint-venture Company of Maruti Suzuki India and Suzuki Motor Corporation-Japan is a state of the art manufacturer of automotive components catering to Indian and cross-border industrial consumers laid the foundation stone for its new plant in Kharkhoda, Sonipat, Haryana yesterday.Plant will be located at Killa No.57/13, Sahoti- Prahaladpur Road, TehsilKharkhoda, District-Sonipat, Haryana. This new plant will provide capacity enhancement and logistics requirements of Maruti Suzuki`s new manufacturing plant at IMT Kharkhoda, which is expected to be commissioned by 2025-26. The facility will be set up in phases, consistent with MSIL volume forecast of 1 million vehicles at Kharkhoda.Powered by Capital Market - Live News

Net profit of Machino Plastics rose 200.00% to Rs 1.11 crore in the quarter ended December 2023 as against Rs 0.37 crore during the previous quarter ended December 2022. Sales rose 3.08% to Rs 83.57 crore in the quarter ended December 2023 as against Rs 81.07 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales83.5781.07 3 OPM %8.116.50 - PBDT5.333.63 47 PBT1.760.50 252 NP1.110.37 200 Powered by Capital Market - Live News

Machino Plastics will hold a meeting of the Board of Directors of the Company on 9 February 2024.Powered by Capital Market - Live News

Net profit of Machino Plastics rose 5700.00% to Rs 0.58 crore in the quarter ended September 2023 as against Rs 0.01 crore during the previous quarter ended September 2022. Sales rose 3.73% to Rs 83.24 crore in the quarter ended September 2023 as against Rs 80.25 crore during the previous quarter ended September 2022. ParticularsQuarter Ended�Sep. 2023Sep. 2022% Var. Sales83.2480.25 4 OPM %7.366.42 - PBDT4.573.69 24 PBT1.020.34 200 NP0.580.01 5700 Powered by Capital Market - Live News

Machino Plastics will hold a meeting of the Board of Directors of the Company on 21 November 2023.Powered by Capital Market - Live News