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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.
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.
CNBC-TV18‘s Varinder Bansal gives his rationale behind selecting Orient Paper and IndiaBulls Wholesale Services for his ‘earning pataka‘ segment.
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.
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.
Emkay Global Financial Services has come with its earning estimates of cement sector for June quarter. As per the research firm, cement companies Q1FY13 is expected to post revenue growth of +17% yoy as volumes grow 9.5% yoy while realizations are estimated to post growth of +7.3% yoy.
Emkay Global Financial Services has come out with its March quarterly earning estimates for cement sector. According to the research firm Q4FY12 is expected to post healthy All India cement demand growth of ~9.6%% yoy (7.3% yoy for Emkay universe).
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, gave his perspective of the fourth quarter performance and their divulged future plans.
Emkay Global Financial Services has come out with its earning estimates on cement sector for the quarter ended March 2011. According to the research firm, Orient Paper quarter sales are expected to go up by 12% at Rs 613.6 crore, year-on-year, (YoY) basis.