West Coast Paper Mills net rises 135.9%

West Coast Paper Mills Ltd, one of the larger players in the paper industry, has posted 135.9 per cent rise in profit after tax (PAT) for the third quarter of the current financial year ended on December 31 to Rs 28.5 crore, as against Rs 12.08 crore during the corresponding period last fiscal. The firm’s net sales for the period under review also rose 112.17 per cent to Rs 293.65 crore, compared to Rs 138.4 crore during the third quarter of the last financial year. The production of paper and paperboard was 74,526 MT against 42466 MT in the same period last year. The sales for the quarter under review was 72803 MT.