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Orient Paper & Industries Ltd.

BSE: 502420 Sector: Industrials
NSE: ORIENTPPR ISIN Code: INE592A01026
BSE 00:00 | 21 Jan 33.10 -1.10
(-3.22%)
OPEN

34.25

HIGH

34.35

LOW

32.75

NSE 00:00 | 21 Jan 33.15 -1.10
(-3.21%)
OPEN

33.75

HIGH

34.40

LOW

32.75

OPEN 34.25
PREVIOUS CLOSE 34.20
VOLUME 47468
52-Week high 39.40
52-Week low 19.80
P/E
Mkt Cap.(Rs cr) 702
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 34.25
CLOSE 34.20
VOLUME 47468
52-Week high 39.40
52-Week low 19.80
P/E
Mkt Cap.(Rs cr) 702
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Orient Paper & Industries Ltd. (ORIENTPPR) - Chairman Speech

Company chairman speech

The year under review has tested our resilience.

The year 2020-21 was marked by an erosion in consumer sentiment following the outbreakof the pandemic. As consumers were locked into their homes there was a decline in volumesand realisations for paper and caustic soda. The combination of weaker volumes and valueresulted in a temporary decline in our performance during the year under review. Despitethese realities your company embarked on various initiatives to broaden its portfoliomoderate costs and strengthen its operating processes. These initiatives helped enhanceour competitiveness the full impact of which will be visible during a normalized year ofworking. We reafirmed our commitment to the industry by pressing ahead with our pulpingcapacity enhancement project. Despite the setbacks caused by the pandemic we aretargeting to commission the project by the close of this financial year.

I must take this opportunity to reafirm our ESG responsibilities by enhancing long-termwater security moderating natural resource consumption protecting our employees andother stakeholders ensuring environmental compliances and expanding the scope of ourcommunity initiatives.

I am optimistic that our resilience and resolve will graduate us towards profitablegrowth once the effect of the pandemic wanes.

CK Birla Chairman

.