Paper stocks have been buzzing in trade lately. In an interview to CNBC-TV18, ML Pachisia, MD of Orient Paper and Industries spoke about the latest happenings in the company and gave his outlook for the future.
In an interview to CNBC-TV18, ML Pachisia, MD, Orient Paper and Industries spoke about the results and his outlook for the company.
Reduction in internal costs and operational efficiencies aided profitability in the second quarter, further aided by stable demand said ML Pachisia MD, Orient Paper & Industries.
Orient Paper is going to undertake a rights issue worth Rs 50 crore, says company Managing Director ML Pachisia. It also plans to demerge its electrical consumer business into a separate entity.
The second quarter for the electrical business won't be good owing to seasonal constraints, says ML Pachisia, MD of Orient Paper and Industries.
Orient Paper witnessed a bounce back in their paper business. This was, according to Pachisia, not due to decrease in price of raw materials but due to reduction in costs and internal efficiencies.
Orient Cement reported a weak set of quarterly earnings. The company saw weakness in realizations, with an 11 percent year-on-year fall in prices, said Deepak Khetrapal, MD and CEO of the company.
In an interview with CNBC-TV18, ML Pachisia, MD, Orient Papers, discussed the company's third quarter earnings.
ML Pachisia, MD, Orient Papers says lighting business is turning positive on the back of the Light Emitting Diode (LED) segment.
In an interview to CNBC-TV18, ML Pachisia, MD of Orient Paper, discusses earnings and outlook of the company for FY16.
M L Pachisia - managing director, Orient Papers & Industries says the company‘s margins have improved in the fan and lighting business.
Orient Paper and Industries managed to narrow its net loss as well as EBITDA margin loss in the second quarter ended September 2014.
Orient Papers' debt currently stands at Rs 220 crore but is declining slowly and gradually, adds Pachisia.
In an interview to CNBC-TV18, ML Pachisia, managing director, Orient Papers & Industries gives his views on the company's Q3 performance. The company's Q3 net profit was down at Rs 14.6 crore versus Rs 42.4 crore, year-on-year, YoY.
Managing director of Orient Papers and Industries, ML Pachishia tells CNBC-TV18 that they are completing all necessary formalities so that the demerger of the cement business will happen by 1st of April.
Managing director of Orient Papers & Industries, ML Pachisia, tells CNBC-TV18 that their plan to hive off the cement business is still on track.
In an interview with CNBC-TV18, CK Birla, Chairman, Orient Papers said, the net sales have gone up from Rs 441 crore last year to Rs 533 crore this year in the first quarter. He further said, the company will demerge its cement business. “We will list cement business after all necessary approvals by April-May 2012.”
ML Pachisia, MD of Orient Papers & Industries, in an interview with CNBC-TV18’s Ekta Batra and Reema Tendulkar, said that the 35 days slowdown will not make much of a difference.
ML Pachisia, MD of Orient Papers & Industries, in an interview with CNBC-TV18's Ekta Batra, gave his perspective of the fourth quarter performance and their divulged future plans.
ML Pachisia, MD, Orient Papers & Industries, in an interview with CNBC-TV18’s Mitali Mukherjee and Sonia Shenoy, spoke about the recent happenings in his company and the road ahead.