MPIL CORPORATION LTD
Add to watch list to get report alerts
BSE Code:
500450
NSE Code:
MPILCORPL
Business Profile
Business Profile
Formerly known as Mather and Platt (India) Limited, MPIL Corporation Limited (MATPLAND) was incorporated in 1959. The name of the company was changed to the present one in January 2006. MATPLAND, a member of the Jumbo Group, was originally promoted jointly by Mather & Platt, UK and Greaves Cotton to establish a manufacturing facility to produce calender bowls for the textile industry. The company also manufactures textile finishing machinery, stenter clips, centrifugal pumps, electric motors, food processing & canning machinery and fire protection & detection equipment. The company has discontinued its activities relating to design, development, installation and servicing of textile and food machinery, ..etc. The company`s plants are located in Kidderpore, Calcutta; Gokul-Shirgaon Kolhapur; Chinchwad, Pune.
Financials
MPIL Corporation swung to a loss for the quarter ended in March, 2007.Total income dipped 76.53% to Rs 2.3 million, from Rs 9.8 million for the quarter ended March, 2006.The loss per share (EPS) of the company stood at Rs 4.66 in the quarter ended March, 2007 .