JK Paper standalone net profit rises 278.24% in the March 2017 quarter

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Sales rise 7.42% to Rs 698.88 crore
Net profit of JK Paper rose 278.24% to Rs 56.32 crore in the quarter ended March 2017 as against Rs 14.89 crore during the previous quarter ended March 2016. Sales rose 7.42% to Rs 698.88 crore in the quarter ended March 2017 as against Rs 650.60 crore during the previous quarter ended March 2016.For the full year,net profit rose 167.50% to Rs 162.83 crore in the year ended March 2017 as against Rs 60.87 crore during the previous year ended March 2016. Sales rose 7.85% to Rs 2628.61 crore in the year ended March 2017 as against Rs 2437.25 crore during the previous year ended March 2016.
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First Published: May 17 2017 | 3:09 PM IST