TNPL turnover rises 17% in first quarter

July 28, 2016 11:19 pm | Updated October 18, 2016 03:14 pm IST - CHENNAI:

Tamil Nadu Newsprint and Papers Ltd., has reported turnover of Rs.744.84 crore for the quarter ended June 30, 2016 against Rs.639.02 crore for the corresponding quarter of year-ago period, marking an increase of 17 per cent.During the period under review, profit before tax stood at Rs.77.69 crore against Rs.66.38 crore. Profit after tax at Rs.69.51 crore saw a 33 per cent growth over the corresponding period last year at Rs.52.25 crore. Printing and writing paper production during the quarter was 95,956 MT and sales 1,16,003 MT. The production of paperboards is being stepped up as the company sees good demand for the product, it said.

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