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Paper Products maintains net profit in 2QFY2000

Nov 1, 1999

Packaging major, The Paper Products Company Limited has registered negligible growth in net profit toRs 27 m in 2QFY2000, despite a healthy 25% surge in turnover to Rs 625 m. It seems the company's average realisations have gone down and its margins were under pressure during the period.

  2QFY2000 2QFY1999 Change
Net Sales 625 502 24.5%
Other Income 1 4 -71.4%
Expenditure 533 415 28.3%
Interest 22 30 -25.4%
Depreciation 41 31 32.9%
Profit before Tax 30 30 1.0%
Tax 3 3 6.3%
Profit after Tax 27 27 0.4%
Net profit margin 4.3% 5.3%  

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