Page turns for paper companies as sales improve, demand picks up

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Improved market conditions have improved sales and profitability of paper mills in the December quarter with expectations of a sharp increase in demand ahead of the new academic year that will begin in Q1, FY 20.

Market leader JK Paper posted a 72 per cent jump in December quarter profit to Rs 120.26 crore this year, compared to Rs 69.81 crore in the corresponding quarter last year.

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Source: Business Standard (India)

 

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