CCL Products (India) announced that the operations at secondFD Unit have recommenced and all the company's plants are now running at normal capacities.

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CCL Products (India) announced on 21 August 2020 that the number of Covid-19 positive cases are on increasing trend in the villages in close vicinity of its Plants both at Kuvvakolli and Duggirala from where majority of workforce will come.

Further due to the delayed lockdowns and unfavourable conditions in our core markets, there have been some requests from the company's Customers for rescheduling the despatches. Taking into considerationof these factors, the company has restricted its full scale operations of FD to one unit and will recommence a need based production on the other unit and is confident of recoupment as and when the situation normalizes. The Company is also taking utmost and comprehensive measures to ensure strict covid compliance. The impact of this can be fully assessed only on resumption of full scale operations as and when situation becomes normal.

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Net profit of CCL Products (India) rose 10.99% to Rs 38.48 crore in the quarter ended June 2020 as against Rs 34.67 crore during the previous quarter ended June 2019. Sales rose 5.87% to Rs 289.21 crore in the quarter ended June 2020 as against Rs 273.17 crore during the previous quarter ended June 2019.

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CCL Products (India) will hold a meeting of the Board of Directors of the Company on 24 July 2020.

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