TNPL reports loss in Q4; Total revenue for the quarter stands at INR 1141 Cr

TNPL reports loss in Q4; Total revenue for the quarter stands at INR 1141 Cr

Chennai | 25th June 2021 | The Pulp and Paper Times: 

Tamil Nadu Newsprint and Papers Limited (TNPL), an enterprise promoted by Government of Tamil Nadu, has reported total revenue of INR 1141.01 Crore for the quarter ended 31st March 2021 against INR 914.02 Crore in the corresponding quarter of the previous year. 

The company earned Profit before Interest Depreciation and Tax (PBIDT) of INR 99.87 Crore for the quarter ended 31st March, 2021. After providing INR 60.08 Crore towards depreciation & amortization and INR 44.79 Crore for finance cost, the company incurred a loss before tax of INR 5.00 Crore and loss after tax of INR 3.93 Crore for the quarter ended 31st March, 2021. 

Total revenue for the year ended 31st March 2021 is INR 2819.10 Crore against INR 3508.64 Crore in the corresponding previous year. The significant drop in revenue is due to impact of Covid-19 pandemic for the year ended 31st March, 2021.

The company earned Profit before Interest Depreciation and Tax (PBIDT) of INR 329.97 Crore for the year ended 31st March, 2021. After providing INR 235.33 Crore towards depreciation & amortization and INR 193.33 Crore for finance cost, the company incurred a loss before tax of INR 98.69 Crore and loss after tax of INR 65.11 crore for the year ended 31st March, 2021. 

Printing & Writing Paper production during the year was 323588 MT. Packaging Board production was 171711 MT. 

Web Title: TNPL reports loss in Q4 Total revenue for the quarter stands at INR 1141 Cr