Financial Daily from THE HINDU group of publications
Friday, May 05, 2006
Financial Daily from THE HINDU group of publications Friday, May 05, 2006 |
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Corporate Results
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Paper/Packaging Paper Products PAT up 24 pc Our Bureau
Mumbai , May 4 Paper Products Ltd (PPL) has reported an increase in the profit after tax (PAT) at Rs 7.85 crore for the quarter ended March 2006, as compared to Rs 6.30 crore in the same period of 2004-05, up by 24 per cent. Profit before tax was Rs 11.05 crore as compared to Rs 8.29 crore in Q1 2005. Net sales were Rs 116.1 crore during the quarter representing a growth of 14.8 per cent, over sales of Rs 101.1 crore in the same period last year, according to a press release. It has decided to set up a production facility in North India at a cost of Rs 65 crore over a two-year period.
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