Business Standard

JK Paper Q1 net dips 17% y-o-y

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Press Trust of India New Delhi

It had announced a net profit of Rs 12.38 crore in corresponding period last year.     

The total income of the company, however, rose 38.48 per cent to Rs 263.18 crore during the quarter, as against Rs 190.05 crore in the year ago period, JK Paper said in a statement.     

"High pulp prices continued to impact the profitability of the company's packaging board business. However, margins in this segment are expected to improve in the coming quarters," JK Paper Managing Director Harsh Pati Singhania said.

 

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First Published: Jul 21 2008 | 6:41 PM IST

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