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Tamil Nadu Newsprint & Papers reports net loss of Rs3.93cr in Q4

Printing & Writing Paper production during the year was 323588 MT, the company said.

June 28, 2021 4:35 IST | India Infoline News Service
Quarterly Results
Tamil Nadu Newsprint & Papers reported a net loss of Rs3.93cr in the quarter ended March 2021 as against a net profit of Rs1.84cr during the previous quarter ended March 2020.

TNPL reported total revenue of Rs1141.01cr for the quarter ended 31* March 2021 against = 914.02 Crore in the corresponding quarter of the previous year.

Printing & Writing Paper production during the year was 323588 MT. Packaging Board production was 171711 MT.

The Board of Directors has recommended a dividend of Rs3 per share on the face value of & 10/- for the financial year 2020-21.

The stock ended at Rs160 down by Rs12.7 or 7.35% from its previous closing of Rs172.70 on the BSE. The scrip opened at Rs164.50 and has touched a high and low of Rs166.35 and Rs157.45 respectively.

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