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Emami Paper Mills reports 54% fall in Q3 net profit

06 Feb 2019 Evaluate

Emami Paper Mills has reported results for third quarter ended December 31, 2018.

The company has reported a fall of 54.23% in its net profit at Rs 5.73 crore for the quarter under review as compared to Rs 12.52 crore for the same quarter in the previous year. However, total income of the company increased by 2.26% at Rs 377.10 crore for Q3FY19 as compared Rs 368.77 crore for the corresponding quarter previous year.

Emami Paper is a part of Emami Group which possesses diverse business interests in FMCG, edible oil, paper, writing instruments, healthcare, retail departmental stores and real estate. The Company specializes in the manufacture of newsprint, writing and printing paper and Multilayer Coated Board.


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