International Paper APPM nets Rs. 6.7 cr. in Q4

MAY – 2015 – International Paper APPM Ltd has more than doubled its net profit to Rs. 6.79 core for the quarter ended March 31, 2015, as against a profit of Rs. 3.19 crore for the corresponding quarter last year. The paper company total income for the March quarter was up at Rs. 297.28 crore as against Rs. 288.13 crore for the corresponding quarter last year. For the year ended March 31, 2015, the company brought down its losses significantly to Rs. 0.24 crore and the total income was up at Rs. 1144.17 crore as against a loss of Rs. 41.61 crore and a turnover of Rs. 1097.48 crore for the pervious fiscal. In a regulatory filing made with BSE, the company has informed that Jayashree Satagopan has resigned as the Non-Executive Director of the Company effective April 24, 2015 and Ann Barbara Wrobleski has been appointed as Non-Executive Director of the Company.
Tuesday, August 25, 2015
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