Shree Rama Newsprint net profit rises 1102.66% in the March 2014 quarter

Sales decline 11.07% to Rs 101.61 crore

Net profit of Shree Rama Newsprint rose 1102.66% to Rs 36.20 crore in the quarter ended March 2014 as against Rs 3.01 crore during the previous quarter ended March 2013. Sales declined 11.07% to Rs 101.61 crore in the quarter ended March 2014 as against Rs 114.26 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 15.51 crore in the year ended March 2014 as against net loss of Rs 56.69 crore during the previous year ended March 2013. Sales rose 6.86% to Rs 404.40 crore in the year ended March 2014 as against Rs 378.44 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales101.61114.26 -11 404.40378.44 7 OPM %6.35-0.62 -4.310.72 - PBDT-5.77-11.49 50 -31.18-45.02 31 PBT-14.24-20.05 29 -65.95-79.75 17 NP36.203.01 1103 -15.51-56.69 73

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