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Orient Paper & Industries' Q1 net profit increases by 74%

28 Jul 2011 Evaluate

Orient Paper & Industries has reported results for its first quarter ended June 30, 2011.

The company has posted 73.4% increase in net profit to Rs 59.37 crore for the quarter ended June 30, 2011 against Rs 34.24 crore in the same quarter last year. During the quarter under review, the company registered 21.76% increase in its total income at Rs 546.97 crore compared to Rs 449.23 crore posted in the same quarter year-ago.

Recently, Orient Paper and Industries (OPIL) has received its board’s approval for proposal to demerge the cement business of the company into Orient Cement. OPIL shareholders will get 1 new equity share of Orient Cement for each equity share that they hold in the company, in addition to their existing OPIL shares.

Orient Paper & Inds. Share Price

18.60 -0.61 (-3.18%)
20-Apr-2026 14:27 View Price Chart
Peers
Company Name CMP
JK Paper 368.10
TN Newsprints 140.20
West Coast Paper 486.25
Emami Paper Mills 74.10
Seshasayee Paper 267.90
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