Companies

Seshasayee Paper net jumps 20%

Our Bureau Chennai | Updated on January 29, 2011 Published on January 29, 2011

Seshasayee Paper and Boards Ltd has reported a 20 per cent jump in net profit for the third quarter ended December 31, compared to the corresponding period in the previous year.

The company reported a net profit of Rs 10.67 crore (Rs 8.91 crore) on a turnover of Rs 150.19 crore (Rs 130 crore) during the third quarter.

Higher sales realisation, lower interest and finance charges, have contributed to the growth in net profit. Production during the quarter was 30,294 tonnes (29,269 tonnes).

Published on January 29, 2011
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