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Ballarpur Industries Declares Q3 Results

Written by Kaiden_Regal
Friday, 13 April 2007
Ballarpur Industries has declared results for its third quarter ended March 31, 2007. The foremost paper maker has recorded a net profit of Rs 64.06 crore after making tax deductions, as compared to Rs 52.52 crore for the corresponding period last year. The company informed the Bombay Stock Exchange (BSE) that its total income (net of excise) stood at Rs 552.80 crore for the quarter ended March 31, as against Rs 474.41 crore for the year-ago period. The recent figures are not equivalent to the corresponding quarter, as current quarter figures take in impact of amalgamation of APR Packaging Ltd and Power business restructuring.

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