Piramal Glass Ceylon Reports the Best Quarter Ever

Revenues up by 28% to Rs. 1,166 million. Gross Profit up by 38% to Rs. 360 million with Net Profit of Rs. 190 million.

Piramal Glass Ceylon Plc (PGC), a manufacturer of flaconnage (glass containers) for food and beverages, pharmaceuticals, and cosmetics & perfumery, has reported its best quarter ever till date.Net sales for the quarter ending 31st December, 2010 grew by 28% to Rs. 1166 million.Gross profits grew by 38% to Rs. 360 million. And Net profit for the period was Rs. 190 million.

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