Orient Paper & Industries standalone net profit declines 84.03% in the December 2019 quarter

Sales decline 13.73% to Rs 163.64 crore

Net profit of Orient Paper & Industries declined 84.03% to Rs 3.33 crore in the quarter ended December 2019 as against Rs 20.85 crore during the previous quarter ended December 2018. Sales declined 13.73% to Rs 163.64 crore in the quarter ended December 2019 as against Rs 189.68 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales163.64189.68 -14 OPM %6.6119.20 -PBDT12.5541.72 -70 PBT4.1633.70 -88 NP3.3320.85 -84

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