The Hindu Business Line : Hind Paper logs Rs 1,000-cr turnover

Hindustan Paper Corporation Ltd has notched up a turnover of Rs 1,001 crore, from its three units spread in Assam and Kerala, up from Rs 855 crore of last year. The company has recorded a profit before tax of Rs 100 crore (Rs 65 crore). With production touching 3,20,113 tonnes for 2006-06, the company was able to surpass its installed capacity of three lakh tonnes for the fourth year in succession. With the sale of 2.09 lakh tonnes of writing and printing paper and 1.13 lakh tonnes of newsprint, the company recorded a sales growth of 17 per cent, a press release issued here has said. The company has set a sales target of 3.30 lakh tonnes of writing and printing paper, sales turnover of Rs 1,177 crore and profit before tax of Rs 150 crore for the current year.

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Hind Paper logs Rs 1,000-cr turnover