Astron Paper & Board Mill Limited Announces Commencement of Commercial Production of PM-2 at Unit-1; Reports Earnings Results for the First Three Months of Fiscal Year 2019
The company reported earnings results for the first three months of fiscal year 2019. The company reported strong sales in the first three months of fiscal year 2019 at INR 810 million, up 60% year on year. EBIDTA for the first three months of fiscal year 2019 company has reported INR 110 million was up 61% year on year, with EBIDTA margins improved to 13.40% during the current quarter, on back of better efficiencies and higher volumes.