Orient Paper & Industries standalone net profit rises 3.53% in the March 2017 quarter

Sales rise 8.09% to Rs 676.35 crore

Net profit of Orient Paper & Industries rose 3.53% to Rs 48.38 crore in the quarter ended March 2017 as against Rs 46.73 crore during the previous quarter ended March 2016. Sales rose 8.09% to Rs 676.35 crore in the quarter ended March 2017 as against Rs 625.71 crore during the previous quarter ended March 2016.

For the full year,net profit rose 140.68% to Rs 50.59 crore in the year ended March 2017 as against Rs 21.02 crore during the previous year ended March 2016. Sales rose 3.13% to Rs 1838.21 crore in the year ended March 2017 as against Rs 1782.36 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales676.35625.71 8 1838.211782.36 3 OPM %11.2911.91 -7.095.58 - PBDT75.8769.15 10 111.3165.66 70 PBT64.9858.30 11 67.5321.35 216 NP48.3846.73 4 50.5921.02 141

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