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Orient Paper & Industries net profit declines 87.77% in the March 2013 quarter

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Capital Market
Net profit of Orient Paper & Industries declined 87.77% to Rs 10.57 crore in the quarter ended March 2013 as against Rs 86.44 crore during the previous quarter ended March 2012. Sales declined 44.13% to Rs 470.67 crore in the quarter ended March 2013 as against Rs 842.40 crore during the previous quarter ended March 2012.

For the Audited full year,net loss reported to Rs 32.23 crore in the year ended March 2013 as against net profit of Rs 212.28 crore during the previous year ended March 2012. Sales declined 49.44% to Rs 1230.28 crore in the year ended March 2013 as against Rs 2433.37 crore during the previous year ended March 2012.

 
ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales470.67842.40 -44 1230.282433.37 -49 OPM %7.1419.58 -64 -0.5817.54 -103 PBDT31.60157.81 -80 -8.60406.75 PL PBT19.86134.51 -85 -45.31318.35 PL NP10.5786.44 -88 -32.23212.28 PL

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First Published: May 08 2013 | 5:51 PM IST

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