Orient Paper & Industries has reported results for third quarter ended December 31, 2012.
The company has reported 65.37% fall in its net profit at Rs 14.68 crore for the quarter as compared to Rs 42.40 crore for the same quarter in the previous year. Total income from operation of the company has increased by 4.81% at Rs 604.43 crore for quarter under review as compared to Rs 576.71 crore for the quarter ended December 31, 2011.
Orient Paper & Industries is part of the C K Birla Group. Today it has emerged as a multi-product, multi-location company. The company manufactures and markets range of fans under the name Orient Fans. It manufactures ceiling fans, desk fans, wall-mounted fans, pedestal fans, exhaust fans and multi-utility fans. It has production capacity of over 3 million units per annum.
