Net profit of Arms Paper declined 66.67% to Rs 0.06 crore in the quarter ended September 2011 as against Rs 0.18 crore during the previous quarter ended September 2010. Sales declined 64.57% to Rs 0.79 crore in the quarter ended September 2011 as against Rs 2.23 crore during the previous quarter ended September 2010.
| Particulars | Quarter Ended |
| | Sep. 2011 | Sep. 2010 | % Var. |
| Sales | 0.79 | 2.23 | -65 |
| OPM % | -3.80 | 1.35 | -382 |
| PBDT | 0.14 | 0.16 | -13 |
| PBT | 0.14 | 0.16 | -13 |
| NP | 0.06 | 0.18 | -67 |