The Hindu Business Line : JK Paper Q3 net up 8 pc

JK Paper Ltd has reported an 8 per cent increase in its net profit at Rs 8.65 crore for the quarter ending March 31 against Rs 8.01 crore in the corresponding period last year. The company's total income grew by 16.3 per cent to Rs 185.66 crore in the third quarter compared to Rs 159.59 crore during the corresponding quarter of the previous year. Mr Harsh Pati Singhania, Managing Director, JK Paper Ltd, said, "High operating efficiencies at both plants, improved price realisation and reduction in interest cost have led to this improved performance. Demand growth continues to be strong. The company's shares closed at Rs 62.5 down 0.56 per cent compared to the previous day's close at Rs 62.85.

More Stories on : Paper | rd & Newsprint

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Visaka Ind net up 34%, to pay 30 pc

Indiabulls Q4 net at Rs 80 cr

MTNL net dips 38 pc

Taj GVK Q4 net rises 117 pc

Cipla Q4 net up 80 pc

Wockhardt Q1 net dips on US initiatives

NPIL board nod for raising up to $1.5 b

VIP Q4 net profit dips

Dabur Q4 net up 20 pc

ABB India Q1 net up 87 pc on higher orders

Subex net rises 47 pc

VisualSoft Q4 income, net down

BILT records 26.8 pc rise in Q3 net profit

Rama Newsprint Q4 net sales up 33 pc

Orient Paper PBT up at Rs 38 cr in Q4

JK Paper Q3 net up 8 pc