West Coast Paper PBT dips 46%
West Coast Paper Mills has reported a 46 per cent drop in net profit after tax (PBT) to Rs 12.08 crore for the quarter ended December 31, compared to Rs 22.21 crore for the corresponding period of last fiscal. The company's net sales also dipped by 7.82 per cent to Rs 138.40 crore for the quarter under review, as against Rs 150.15 crore during the corresponding previous. The firm said in a statement, “Working results for the quarter were affected on account of operational problems faced during trial runs of Fibreline and Chemical Recovery sections."
TRF net profit at Rs 38.24 crore
TRF Ltd has posted a net profit after tax of Rs 38.24 crore in the quarter ended December 31, 2009, an increase of 76.79 per cent over the same period last year. Net sales for the period stood at Rs 459.23 crore, an increase of 57.21 per cent.
Himadri Chemicals PAT up 26%
Himadri Chemicals & Industries has reported a 26.44 per cent rise in net profit after tax (PAT) at Rs 29.12 crore for the quarter ended December 31, up from Rs 23.03 crore during the corresponding quarter of the previous year. The company’s total income grew 68.13 per cent to Rs 145.34 crore for the quarter under review, compared to Rs 86.44 crore for the same period last fiscal. "Our performance has been steadily improving and with new projects commissioned, the company is poised to achieve higher sales and profits. The integrated business model is creating higher values for all stakeholders," the firm's CEO Anurag Choudhary said.
