West Coast Paper Mills Ltd (WCPML) has posted a marginal rise in net profit to Rs 22.21 crore from Rs 22.11 crore during the third quarter of the current financial year while its net sales increased by nearly 4 per cent to Rs 150.15 crore.
The company said in a release that it made price corrections in the October-December quarter and also worked on reducing the cost of production that was high during the first half of the fiscal. WCPML has also passed on the 4 per cent excise duty cut announced in December to consumers.