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Orient Paper reports net loss of Rs 17 crore in Q1

18 Aug 2020 Evaluate

Orient Paper & Industries has reported results for first quarter ended June 30, 2020.

The company has reported a net loss of Rs 17.44 crore for the quarter under review against net profit of Rs 8.02 crore for the same quarter in the previous year. Total income of the company decreased by 45.26% at Rs 82.74 crore for Q1FY21 as compared Rs 151.14 crore for the corresponding quarter previous year.

Orient Paper & Industries is one of India's major players in Paper with a wide range of writing, printing, industrial and specialty papers.

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