ALPHA TRIBE

West Coast Paper Mills LimitedOthers, 13-02-2025: Change in Director(s)

13-02-2025 | 03:02 pm

West Coast Paper Mills Ltd. has convened a board meeting where it approved the unaudited financial results for the quarter and nine-month period ended December 31, 2024. The standalone revenue from operations reached ₹629.14 crore, marking a 3% increase from the previous quarter. However, severe wood price hikes and sluggish market conditions led to a 37% decline in profit after tax to ₹58.22 crore. The board has also reappointed Shri Vinod Agarwala as a Non-Executive Independent Director, effective May 26, 2025, pending shareholder approval. Investors should note potential risks stemming from the recent operational challenges, though the management aims to enhance efficiencies.

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