Ballarpur Industries Q3 Net dips by 15.2 percent.



Ballarpur Industries unaudited financial results for the first 3 Quarter showed a 15.2 percent drop in net profit form Rs. 204.5 million to Rs. 173.4 million. Though there was a marginal decrease in turnover, there was an increase in the expenditure on consumption of power, fuel, water charge and personnel costs etc., from Rs.2998 million to Rs.3015.8 million. The net profit for the 9 months also fell by over 11 percent to Rs 515 million from Rs 583 million over the previous year.



Date :- 06/05/2002
Source :- Our correspondent


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