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Essel Propack Q1 net up 9 per cent

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MUMBAI: Essel Propack has reported a 9 per cent jump in consolidated net profit at Rs 196 million for the first quarter ended 31 March 2005, up from RS 180 million a year ago.

According to an official release, the total income increased from RS 1,526 million in Q1-2004 to RS 1,911 million for the quarter ended 31 March 2005.

Essel Propack, on a stand-alone basis, has recorded a net profit of RS 115 million for the quarter ended 31 March as compared to RS 117 million a year ago. Total income has increased from RS 578 million in Q1-2004 to RS 640 million for the quarter ended 31 March 2005.

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In an official release, Essel Propack attributes the growth recorded in global revenues to its improved performance in the major markets of USA and China, coupled with the increased turnover from Arista Tubes, UK, the plastic tubes manufacturing company acquired in August 2004.

Announcing the first quarter results, Essel Propack VC and MD Ashok Goel said, “The trend of increased share of overseas operations to our consolidated revenues will continue. The recent commencement of commercial production at our Russian plant is a significant step towards our future growth. The growth in USA has surpassed our expectations and holds further promise in the coming period.”

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News Broadcasting

Rising Bharat Summit 2026 to spotlight India’s global rise

PM Modi keynotes two-day event on 27–28 February in New Delhi with ministers, diplomats and icons.

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MUMBAI: India’s rise isn’t just making headlines, it’s headlining its own summit, and this time the guest list reads like a global power playlist. News18 Network will host the Rising Bharat Summit 2026, a high-powered thought-leadership forum anchored around the theme “Spotlighting Bharat’s Rise: Driven by Strength Within.” The two-day event kicks off on 27 February 2026 at 10:00 AM in New Delhi, bringing together policymakers, diplomats, business leaders, strategists, innovators, and cultural icons for conversations that aim to define India’s confident, self-assured role on the world stage.

Prime minister Narendra Modi will deliver the keynote address, setting the tone for discussions on economic momentum, geopolitical positioning, and long-term aspirations for the decade ahead.

The ministerial lineup includes Piyush Goyal (Commerce and Industry), Ashwini Vaishnaw (Railways, Information & Broadcasting, Electronics & IT), Jyotiraditya M. Scindia (Communications & Development of North Eastern Region), and Delhi chief minister Rekha Gupta.

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Global diplomacy and strategic voices feature former Singapore foreign minister George Yeo, ex-UK Chief of defence staff general Sir Nick Carter, former US commerce secretary Carlos M. Gutierrez, and ambassadors from Norway (May-Elin Stener), Germany (Philipp Ackermann), and Sweden (Jan Thesleff).

Industry, innovation, and economic perspectives come from veteran investor Ramesh Damani, World Gold Council CEO David Tait, Vianai Systems Founder & CEO Dr Vishal Sikka, and Deeptech Bharat Foundation co-founder Shashi Shekhar Vempati.

Defence, technology, and thought leadership include Defence Secretary Rajesh Kumar Singh, RSS Akhil Bharatiya Prachar Pramukh Sunil Ambekar, Apple expert Patrick McGee, military aviation historian Tom Cooper, and defence scholar Adrian Fontanellaz.

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Culture, sports, and popular influence bring actor-MP Kangana Ranaut, Olympic medallists Saina Nehwal and PR Sreejesh, cricketers Mohammed Shami, Yuzvendra Chahal, and Mithali Raj, plus film stars Anil Kapoor and Yami Gautam.

Broadcast live across News18 Network channels, CNBC-TV18, CNBC Awaaz, and streaming platforms from 10:00 am on both days, the summit aims to move beyond headlines and shape deeper narratives around policy, leadership, and innovation at a decisive moment for India’s global trajectory.

In a world watching Bharat’s next moves, this gathering isn’t just talk, it’s the opening scene of a story that’s already rewriting the script.

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