Star Paper Mills Ltd Share Price – NSE  /  BSE

Paper, Small Cap

Star Paper Mills announced that the Board of Directors of the Company at its meeting held on 24 May 2024, inter alia, have recommended the final dividend of Rs 4 per equity Share (i.e. 40%) , subject to the approval of the shareholders.

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Net profit of Star Paper Mills declined 13.01% to Rs 14.31 crore in the quarter ended March 2024 as against Rs 16.45 crore during the previous quarter ended March 2023. Sales declined 18.62% to Rs 100.43 crore in the quarter ended March 2024 as against Rs 123.41 crore during the previous quarter ended March 2023.

For the full year,net profit declined 2.54% to Rs 64.00 crore in the year ended March 2024 as against Rs 65.67 crore during the previous year ended March 2023. Sales declined 9.79% to Rs 444.47 crore in the year ended March 2024 as against Rs 492.69 crore during the previous year ended March 2023.

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Star Paper Mills will hold a meeting of the Board of Directors of the Company on 24 May 2024

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Net profit of Star Paper Mills rose 15.86% to Rs 14.76 crore in the quarter ended December 2023 as against Rs 12.74 crore during the previous quarter ended December 2022. Sales declined 0.81% to Rs 114.81 crore in the quarter ended December 2023 as against Rs 115.75 crore during the previous quarter ended December 2022.

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