Astron Paper & Board Mill Limited Announces Unaudited Consolidated and Standalone Earnings Results for the Second Quarter and Half Year Ended September 30, 2018
November 05, 2018 at 03:48 am EST
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Astron Paper & Board Mill Limited announced unaudited consolidated and standalone earnings results for the second quarter and half year ended September 30, 2018. For the quarter, on consolidated basis, the company reported revenue from operations of INR 1,016.368 million compared to INR 606.894 million a year ago. Total revenue was INR 1,017.524 million compared to INR 606.894 million a year ago. Profit before exceptional and extra ordinary items and tax was INR 111.936 million compared to INR 36.453 million a year ago. Profit before extraordinary items was INR 111.936 million compared to INR 36.453 million a year ago. Profit before tax was INR 111.936 million compared to INR 36.453 million a year ago. Profit for the period from continuing operations was INR 91.222 million compared to INR 60.067 million a year ago. Net profit after comprehensive income was INR 91.222 million compared to INR 60.067 million a yea ago. Basic earnings per equity share (Face value of INR 10 each) was INR 1.96 compared to INR 1.85 a year ago.
For the half year, on consolidated basis, the company reported revenue from operations of INR 1,820.443 million compared to INR 1,109.522 million a year ago. Total revenue was INR 1,823.125 million compared to INR 1,109.612 million a year ago. Profit before exceptional and extra ordinary items and tax was INR 192.097 million compared to INR 70.936 million a year ago. Profit before extraordinary items was INR 192.097 million compared to INR 70.936 million a year ago. Profit before tax was INR 192.097 million compared to INR 70.936 million a year ago. Profit for the period from continuing operations was INR 143.201 million compared to INR 94.550 million a year ago. Net profit after comprehensive income was INR 143.201 million compared to INR 94.550 million a yea ago. Basic earnings per equity share (Face value of INR 10 each) was INR 3.08 compared to INR 2.91 a year ago.
For the quarter, on standalone basis, the company reported revenue from operations of INR 1,016.368 million compared to INR 606.894 million a year ago. Total revenue was INR 1,017.524 million compared to INR 606.894 million a year ago. Profit before exceptional and extra ordinary items and tax was INR 109.273 million compared to INR 36.453 million a year ago. Profit before extraordinary items was INR 109.273 million compared to INR 36.453 million a year ago. Profit before tax was INR 109.273 million compared to INR 36.453 million a year ago. Profit for the period from continuing operations was INR 81.143 million compared to INR 60.067 million a year ago. Net profit after comprehensive income was INR 81.143 million compared to INR 60.067 million a yea ago. Basic earnings per equity share (Face value of INR 10 each) was INR 1.75 compared to INR 1.85 a year ago.
For the half year, on standalone basis, the company reported revenue from operations of INR 1,820.443 million compared to INR 1,109.522 million a year ago. Total revenue was INR 1,823.125 million compared to INR 1,109.612 million a year ago. Profit before exceptional and extra ordinary items and tax was INR 189.434 million compared to INR 70.936 million a year ago. Profit before extraordinary items was INR 189.434 million compared to INR 70.936 million a year ago. Profit before tax was INR 189.434 million compared to INR 70.936 million a year ago. Profit for the period from continuing operations was INR 133.122 million compared to INR 94.550 million a year ago. Net profit after comprehensive income was INR 133.122 million compared to INR 94.550 million a yea ago. Basic earnings per equity share (Face value of INR 10 each) was INR 2.86 compared to INR 2.91 a year ago.
Astron Paper & Board Mill Limited is an India-based holding company. The Company and its wholly owned subsidiary company, Balaram Papers Private Limited, are engaged in the business the manufacturing of kraft paper from wastepaper. It offers range of products that includes high ring crush test, kraft liner to corrugated medium paper, mainly from 80 GSM to 350 GSM and 16-40 BF. The Company offers a range of products that include fluting medium, test liner, kraft liner, virgin top liner (VTL), high-ring crush test (H-RCT) kraft liner and others. The Company has three manufacturing units with four paper machines at three different and strategic locations in Gujarat, India with an industrial capacity of approximately 175 thousand tons annually.
Astron Paper & Board Mill Limited Announces Unaudited Consolidated and Standalone Earnings Results for the Second Quarter and Half Year Ended September 30, 2018