Tamil Nadu Newsprint & Papers Limited — Results, 13-02-2025: Integrated Filing- Financial
13-02-2025 | 06:31 pm
13-02-2025 | 06:31 pm
Tamil Nadu Newsprint and Papers Limited has announced a board meeting on February 13, 2025, where it approved its unaudited financial results for the quarter and nine months ended December 31, 2024. The company reported total revenue of ₹1,136.79 crore for the quarter, down from ₹1,259.46 crore year-over-year, and an operating loss of ₹64.64 crore compared to a profit of ₹23.30 crore in the previous year’s quarter. Increased wood costs and declining paper prices negatively influenced performance, which might raise concerns among investors regarding profitability and indicate potential risks in the upcoming quarters.
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