Tamil Nadu Newsprint & Papers Ltd Share Price – NSE  /  BSE

Paper, Small Cap

Tamil Nadu Newsprint & Papers 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 1 per equity Share (i.e. 10%) , subject to the approval of the shareholders.

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Tamil Nadu Newsprint & Papers announced that the 44th Annual General Meeting(AGM) of the company will be held on 27 September 2024.

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Net profit of Tamil Nadu Newsprint & Papers declined 67.92% to Rs 32.99 crore in the quarter ended March 2024 as against Rs 102.83 crore during the previous quarter ended March 2023. Sales declined 13.70% to Rs 1219.03 crore in the quarter ended March 2024 as against Rs 1412.59 crore during the previous quarter ended March 2023.

For the full year,net profit declined 46.33% to Rs 208.16 crore in the year ended March 2024 as against Rs 387.87 crore during the previous year ended March 2023. Sales declined 9.26% to Rs 4643.36 crore in the year ended March 2024 as against Rs 5117.22 crore during the previous year ended March 2023.

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Tamil Nadu Newsprint & Papers will hold a meeting of the Board of Directors of the Company on 24 May 2024

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