Stylam Net Profit Rises By 34.73% In Dec 2020 Quarter

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Net profit of Stylam Industries rose 34.73% to Rs 12.53 crore in the quarter ended December 2020 as against Rs 9.30 crore during the previous quarter ended December 2019. The revenue from operation declined by 2.19% to Rs 124.05 crore in the quarter ended December 2020 as against Rs 126.83 crore during the previous quarter ended December 2019.

“At Stylam, the focus always stays on R&D work to develop technologically advanced products and bring a turnaround into global market and building material industry. We have recently launched few major manufacturing facilities, so the primarily aim will be on full capacity utilization and establishing those in market. Rest being a growing company, we may plan to come up with other range of products too,” said Mr. Jagdish Gupta, Managing Director of Stylam Industries Limited.

At Stylam, quality and innovation have always been at the helm. Adherence to global standards has been a philosophy rather than a need. They have built an unbreakable trust in the trade since inspection. Equipped with State of the art production facilities at Haryana the company has continuously been setting the benchmarks. The production capacity is approx 14.3 million sheets annually and the latest Laminate manufacturing unit is the largest in Asia.

Stylam is having most Sophisticated European facilities in India that manufactures the Pure Acrylic Solid Surfaces. They have built up First Ever Organized European plant of Modified Solid Surfaces too. Recently they also initiated the fully automated Short Cycle Press for making Pre-Lam Boards in both Anti-Finger & High Gloss finishes. They have also come up with World’s first Stateof-the-art hot coating machine with cutting edge German technology to bring in Anti Finger Print Laminates.

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