Ruchira Papers has reported results for fourth quarter and year ended March 31, 2017.
The company has reported over 2-fold jump in its net profit at Rs 9.26 crore for the quarter ended March 31, 2017 as compared to Rs 4.03 crore for the same quarter in the previous year. Total income from operations of the company increased by 27.95% at Rs 114.75 crore for quarter under review as compared to Rs 89.68 crore for the quarter ended March 31, 2016.
For the year ended March 31, 2017, the company has posted a rise of 64.61% in its net profit at Rs 32.05 crore as compared to Rs 19.47 crore in FY16. Total income of company increased by 15.11% at Rs 417.38 crore for year under review as compared to Rs 362.58 crore for the year ended March 31, 2016.
