Kuantum Papers Ltd commissions expansion project equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
Basic materials stocks were trading in the positive zone, with the S&P BSE Basic Materials index rising 75.63 points or 1.82% at 4229.92 at 09:48 IST. Among the components of the S&P BSE Basic Materials index, Neogen Chemicals Ltd (up 10.43%), Jindal Stainless Ltd (up 7.7%),GHCL Ltd (up 7.07%),Tata Steel BSL Ltd (up 6.55%),National Aluminium Company Ltd (up 6.43%), were the top gainers. Among the other gainers were Gujarat Fluorochemicals Ltd (up 5.79%), Tata Steel Ltd (up 5.32%), Tata Metaliks Ltd (up 4.98%), Tamil Nadu Newsprint & Papers Ltd (up 4.91%), and Polyplex Corporation Ltd (up 4.76%). On the other hand, Gravita India Ltd (down 4.36%), Hindustan Copper Ltd (down 3.69%), and National Fertilizer Ltd (down 2.94%) moved lower.
Tamil Nadu Newsprint and Papers Ltd announces Q3FY21 results
Posted On: 2021-02-11 11:28:18 (Time Zone: Arizona, USA)
Tamil Nadu Newsprint and Papers Ltd reported total revenue of Rs.588.40 Cr including Exceptional Income of Rs.18.65 Cr for the quarter ended 31st December, 2020 against Rs.850.10 Cr in the corresponding quarter of the previous year. The significant drop in revenue is due to impact of Covid-19 pandemic in the quarter ended 31st December 2020.
Loss before tax for the quarter ended 31st December 2020 is Rs.48.42 Cr against the profit of Rs.40.95 Cr in the corresponding quarter of the previous year.
Loss after Tax for the quarter ended 31st December, 2020 is Rs.31.60 Cr against the profit of Rs.29.51 Cr in the corresponding quarter of the previous year. The company has provided Rs.58.25 Cr for depreciation & amortization and Rs.48.46 Cr for finance charges for the quarter ended 31st December, 2020.