Shree Rama Newsprint standalone net profit declines 36.08% in the March 2015 quarter

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Sales decline 29.33% to Rs 71.81 crore
Net profit of Shree Rama Newsprint declined 36.08% to Rs 23.14 crore in the quarter ended March 2015 as against Rs 36.20 crore during the previous quarter ended March 2014. Sales declined 29.33% to Rs 71.81 crore in the quarter ended March 2015 as against Rs 101.61 crore during the previous quarter ended March 2014.For the full year,net loss reported to Rs 42.53 crore in the year ended March 2015 as against net loss of Rs 15.51 crore during the previous year ended March 2014. Sales declined 7.65% to Rs 373.48 crore in the year ended March 2015 as against Rs 404.40 crore during the previous year ended March 2014.
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First Published: May 27 2015 | 5:23 PM IST