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Our Bureau

Kolkata, June 26

Rama Newsprint and Papers Ltd, a newsprint and printing & writing paper manufacturing company, has registered a net profit of Rs 24.52 crore during 2006-07 compared with a net loss of Rs 5.60 crore in the previous year. The total income during 2006-07 stood at Rs 355.82 crore, up 9.55 per cent, from Rs 324.79 crore a year-ago. The High Court of Gujarat at Ahmedabad, by its order dated May 5, 2006, had confirmed the special resolution for reduction of equity share capital from Rs 232.63 crore to Rs 58.15 crore. The reduction is effective from June 7, 2006.

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