News & Activities
TNPL Q3 net profit drops
Tamil Nadu Newsprint and Papers Ltd reported 25 percent drop in net profit for the third quarter ended December 31, last year. They earned a net profit of Rs 21.23 crore (Rs 28 crore) after providing for Rs 25.77 crore (Rs 18.69 crore) towards depreciation, Rs 18.54 crore (Rs 7.49 crore) towards interest and Rs10.11 crore for taxes.

TNPL is implementing the Mill Expansion Plan (MEP) for increasing the capacity to 4,00,000 mts per annum by adding third paper machine. The additional capacity will be available from June 2010. Orders have been placed for the Paper Machine and the backward integration of Chemical Bagasse pulp.

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