Ballarpur Industries Q2 cons PAT down 39% at Rs 25 cr

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Ballarpur Industries Q2 cons PAT down 39% at Rs 25 cr

Paper producer Ballarpur Industries has reported a consolidated profit after tax of Rs 25 crore in the second quarter of FY12, a fall of 39% as compared to Rs 41 crore in the corresponding quarter of last fiscal.

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Paper producer Ballarpur Industries has reported a consolidated profit after tax of Rs 25 crore in the second quarter of FY12, a fall of 39% as compared to Rs 41 crore in the corresponding quarter of last fiscal.

Consolidated total income rose 9% to Rs 1,111 crore from Rs 1,023 crore during the same period.

Total expenditure increased 12% to Rs 996 crore in the July-September quarter of FY12 versus Rs 893 crore in same quarter the previous year.

EBITDA fell 2.5% to Rs 204 crore from Rs 209 crore year-on-year. EBITDA margin stood at 18.4% in the quarter ended September FY12 as against 20.4% in a year ago period.

Operations in sub Sabah Forest Ind was shut since September 12th.