Orient Paper & Industries net profit rises 79.75% in the March 2014 quarter

Sales rise 21.81% to Rs 573.32 crore

Net profit of Orient Paper & Industries rose 79.75% to Rs 19.00 crore in the quarter ended March 2014 as against Rs 10.57 crore during the previous quarter ended March 2013. Sales rose 21.81% to Rs 573.32 crore in the quarter ended March 2014 as against Rs 470.67 crore during the previous quarter ended March 2013.

For the full year,net profit reported to Rs 4.24 crore in the year ended March 2014 as against net loss of Rs 32.23 crore during the previous year ended March 2013. Sales rose 24.13% to Rs 1527.12 crore in the year ended March 2014 as against Rs 1230.28 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales573.32470.67 22 1527.121230.28 24 OPM %7.977.14 -3.00-0.58 - PBDT41.1031.60 30 48.27-8.60 LP PBT29.2219.86 47 1.46-45.31 LP NP19.0010.57 80 4.24-32.23 LP

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