Ballarpur Industries today reported a fall of nearly 39 per cent in its consolidated net profit to Rs 44.66 crore for the quarter ended June 30, over the same period a year earlier.
Total income of the paper maker also slipped to Rs 727.24 crore during the last quarter of FY'09 from Rs 803.39 crore of June quarter last year, Ballarpur Industries said in a filing to the Bombay Stock Exchange (BSE).
For the year ended June 30, it posted a consolidated net profit of Rs 187.87 crore, down 38 per cent from the previous fiscal.
On a standalone basis, the firm registered a net profit of Rs 30.35 crore for the quarter ended June 30, compared to Rs 32.06 crore of the same period a last year.
Shares of Ballarpur Industries today closed at Rs 24.80, up 2.69 per cent from its previous close on the BSE.
