The Board of Ballarpur Industries at its meeting held on 01 August 2018 has in-principle approved subscription to 50% of the Equity Share Capital of Premier Tissue (India) (a wholly owned subsidiary of the Company) by Rubfila International, subject to finalization of Share Subscription Agreement, Shareholders Agreement and any other required documents

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Net Loss of Ballarpur Industries reported to Rs 56.10 crore in the quarter ended June 2018 as against net loss of Rs 66.49 crore during the previous quarter ended June 2017. Sales rose 55.11% to Rs 104.76 crore in the quarter ended June 2018 as against Rs 67.54 crore during the previous quarter ended June 2017.

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Net Loss of Ballarpur Industries reported to Rs 203.72 crore in the quarter ended June 2018 as against net loss of Rs 377.57 crore during the previous quarter ended June 2017. Sales rose 76.55% to Rs 824.43 crore in the quarter ended June 2018 as against Rs 466.96 crore during the previous quarter ended June 2017.

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Net Loss of Ballarpur Industries reported to Rs 65.90 crore in the quarter ended March 2018 as against net loss of Rs 141.57 crore during the previous quarter ended March 2017. Sales rose 40.45% to Rs 108.40 crore in the quarter ended March 2018 as against Rs 77.18 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 311.09 crore in the year ended March 2018 as against net loss of Rs 679.84 crore during the previous year ended March 2017. Sales rose 40.57% to Rs 298.89 crore in the year ended March 2018 as against Rs 212.62 crore during the previous year ended March 2017.

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