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Our Bureau

Kolkata, April 25

Orient Paper & Industries Ltd, a G.P.-C.K. Birla Group company, with interests in cement, paper and electric fans, has reported a 24 per cent growth in sales for the fourth quarter ended March 31, 2006.

The gross turnover jumped to about Rs 1,000 crore from Rs 860 crore in 2004-05. The company has also recorded a substantial increase in PBT for the fourth quarter at Rs 38 crore (Rs 1.5 crore). For the year ended March 31, 2006, the PBT was Rs 53.51 crore (Rs 4.21 crore).

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