N R Agarwal Industries Limited — Board Meeting, 11-02-2025: Outcome of Board Meeting

NR Agarwal Industries Ltd. has announced a board meeting outcome, approving the unaudited financial results for the quarter and nine months ended December 31, 2024. The company reported total income of ₹1223.56 crore, with a net profit after tax of ₹24.47 crore. This quarter's performance reflects the impact of a sluggish paper and paperboard market, alongside challenges from a production halt since July 2024 and a workforce transition. The expansion of the Duplex Board Plant, aiming to increase capacity from 725 TPD to 900 TPD, is ongoing, with an updated project cost of approximately ₹1,000 crore.