Financial Daily from THE HINDU group of publications Sunday, Apr 25, 2004 |
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Corporate Results
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Paper, Board & Newsprint JK Paper net higher 9.5 pc Our Bureau
New Delhi , April 24 JK Paper Ltd has announced a net profit of Rs 10.77 crore on a turnover of Rs 176.26 crore for the January-March quarter. The quarterly net profits of the company, which follows a June-May calendar, have risen 9.5 per cent over the figure of Rs 9.74 crore in the corresponding period last year, while turnover has risen nearly 6 per cent from Rs 165.85 last year. For the nine-month period, the company's net profits stood at Rs 30.88 crore compared with Rs 25.43 crore last year. The company's turnover for the nine-month period grew from Rs 492.33 crore to Rs 510 crore, according to the unaudited results posted on the company's Web site on Saturday.
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