Rama Pulp & Papers announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 9 October 2018 .

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Net profit of Rama Pulp & Papers declined 23.53% to Rs 0.65 crore in the quarter ended June 2018 as against Rs 0.85 crore during the previous quarter ended June 2017. Sales rose 3.84% to Rs 31.88 crore in the quarter ended June 2018 as against Rs 30.70 crore during the previous quarter ended June 2017.

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Net loss of Rama Pulp & Papers reported to Rs 0.44 crore in the quarter ended March 2018 as against net profit of Rs 0.22 crore during the previous quarter ended March 2017. Sales declined 5.30% to Rs 29.82 crore in the quarter ended March 2018 as against Rs 31.49 crore during the previous quarter ended March 2017.

For the full year,net profit rose 62.91% to Rs 2.46 crore in the year ended March 2018 as against Rs 1.51 crore during the previous year ended March 2017. Sales rose 9.56% to Rs 120.22 crore in the year ended March 2018 as against Rs 109.73 crore during the previous year ended March 2017.

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Rama Pulp & Papers will hold a meeting of the Board of Directors of the Company on 30 May 2018.

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