Wednesday, November 7, 2012

Tamil Nadu Newsprint & Papers (TNPL) gains after strong Q2 results

Tamil Nadu Newsprint & Papers (TNPL) said profit before tax (PBT) surged 169.61% to Rs 30.44 crore in Q2 September 2012 (after providing Rs 43.94 crore for depreciation and Rs 27.85 crore for interest and finance charges) as against PBT of Rs 11.29 crore in Q2 September 2011.

TNPL said it set up a two lakh metric tonnes (MT) per annum capacity cement plant for converting Lime Sludge and Fly Ash generated in the factory into high grade cement. The cement plant has commenced trial production. TNPL said it would produce both ordinary portland cement and pozzolana portland cement.

TNPL produces newsprint and printing & writing paper. TNPL caters to the requirements of multifunctional printing processes like sheet-fed, web offset, and digital printers.

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