Pudumjee Pulp & Paper Mills registers six-fold jump in Q4 net profit

Pudumjee Pulp & Paper Mills has reported results for fourth quarter and year ended March 31, 2012.

On standalone basis, the company has posted a rise of 536.11% in its net profit at Rs 6.87 crore for the quarter ended March 31, 2012 as compared to Rs 1.08 crore for the same quarter in the previous year.  However, total income has decreased marginally by 1.09% at Rs 59.85 crore for quarter under review as compared to Rs 60.51 crore for the quarter ended March 31, 2011

For the full year ended March 31, 2012, the company has posted a rise of 38.96% in its net profit at Rs 11.27 crore as compared to Rs  8.11 crore in the previous year. However, total income has decreased by 0.30% at Rs 225.09 crore for year under review as compared to Rs 225.77 crore for the period ended March 31, 2011

For the full year ended March 31, 2012, on consolidated basis, the company has posted a rise of 51.09% in its net profit at Rs 11.12 crore as compared to Rs 7.36 crore in the previous year. Total income has increased by 12.35% at Rs 254.10 crore for year under review as compared to Rs 226.16 crore for the period ended March 31, 2011