Financial Daily from THE HINDU group of publications Sunday, Oct 31, 2004 |
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Corporate Results
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Paper, Board & Newsprint Seshasayee Paper Q2 net profit drops Our Bureau
Chennai , Oct. 30 SESHASAYEE Paper and Boards Ltd has reported a net profit of Rs 1.46 crore on net sales of Rs 97.73 crore for the quarter ended September 30 compared to a net profit of Rs 4.82 crore on sales of Rs 99.07 crore for the year-ago period. For the first half of this year, its net profit was Rs 1.92 crore on sales of Rs 183.93 crore against a net profit of Rs 9.50 crore on sales of Rs 183.51 crore for the corresponding period last year. During the July-September 2004 period, the company produced 30,232 tonnes against 29,935 tonnes for the same period last year. It sold 29,892 tonnes of paper and paper boards (30,654 tonnes). Exports totalled 5,150 tonnes (6,527 tonnes).
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