Orient Paper & Industries standalone net profit rises 23.47% in the March 2018 quarter

Sales rise 23.65% to Rs 181.61 crore

Net profit of Orient Paper & Industries rose 23.47% to Rs 15.78 crore in the quarter ended March 2018 as against Rs 12.78 crore during the previous quarter ended March 2017. Sales rose 23.65% to Rs 181.61 crore in the quarter ended March 2018 as against Rs 146.87 crore during the previous quarter ended March 2017.

For the full year,net profit rose 353.03% to Rs 49.29 crore in the year ended March 2018 as against Rs 10.88 crore during the previous year ended March 2017. Sales rose 29.30% to Rs 661.36 crore in the year ended March 2018 as against Rs 511.49 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales181.61146.87 24 661.36511.49 29 OPM %18.8910.89 -16.926.17 - PBDT34.1716.93 102 108.4230.91 251 PBT25.659.56 168 80.115.73 1298 NP15.7812.78 23 49.2910.88 353

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