The company’s revenue also declined, albeit marginally, to Rs 1,186.8 crore for the quarter ended December 2012 as against Rs 1196 crore in the same period last year.
Paper sales of the company remained flat at 2,08,736 tonnes in the quarter between October–December 2012 compared to 2,08,737 tonnes in the same period last year.
The company’s rayon grade pulp sales declined from 19,913 tonnes from 18,717 tonnes in the quarter under consideration.