Manjushree Technopack profit up in Q4

Manjushree Technopack's net profit for the fourth quarter of last fiscal has grown 82 per cent to Rs 6.56 crore. Its turnover for the quarter rose 30 per cent to Rs 87.59 crore. The company's basic/diluted EPS stands at Rs 15.14 compared with the previous year's Rs 10.92. The board has proposed a 10 per cent dividend for the share holders. The company said it now has a total capacity of 50,000 million tonnes a year and plans to double the capacity by 2015 by investing around Rs 150 crore on setting up new plants in Bangalore.