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Orient Paper & Industries standalone net profit declines 61.11% in the September 2019 quarter

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Capital Market

Sales decline 15.03% to Rs 158.67 crore

Net profit of Orient Paper & Industries declined 61.11% to Rs 11.55 crore in the quarter ended September 2019 as against Rs 29.70 crore during the previous quarter ended September 2018. Sales declined 15.03% to Rs 158.67 crore in the quarter ended September 2019 as against Rs 186.73 crore during the previous quarter ended September 2018. ParticularsQuarter EndedSep. 2019Sep. 2018% Var.Sales158.67186.73 -15 OPM %11.7921.45 -PBDT21.2947.46 -55 PBT13.0739.60 -67 NP11.5529.70 -61

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First Published: Nov 14 2019 | 5:22 PM IST

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