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The Board of Directors has announced a board meeting where they approved the unaudited financial results for the quarter and nine months ended 31st December 2024. For the quarter, total revenue was ₹1136.79 Cr, a decline from ₹1259.46 Cr year-on-year. The company incurred a loss before tax of ₹64.64 Cr compared to a profit of ₹23.30 Cr in the same quarter last year. Factors such as increased wood costs and a significant drop in market prices of paper and board affected performance. For the nine-month period, total revenue decreased to ₹3194.51 Cr from ₹3511.14 Cr a year ago, highlighting a challenging operating environment.
All announcements from Tamil Nadu Newsprint & Papers Limited