Pudumjee Pulp & Paper Mills announced that the Board of Directors of the Company at its meeting held on 20 May 2017, inter alia, have recommended the final dividend of Rs 0.2 per equity Share (i.e. 10%) , subject to the approval of the shareholders.

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Net profit of Pudumjee Pulp & Paper Mills reported to Rs 2.29 crore in the quarter ended March 2017 as against net loss of Rs 0.48 crore during the previous quarter ended March 2016. Sales rose 147.06% to Rs 0.84 crore in the quarter ended March 2017 as against Rs 0.34 crore during the previous quarter ended March 2016.

For the full year,net profit declined 19.47% to Rs 6.08 crore in the year ended March 2017 as against Rs 7.55 crore during the previous year ended March 2016. Sales declined 42.74% to Rs 6.43 crore in the year ended March 2017 as against Rs 11.23 crore during the previous year ended March 2016.

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Pudumjee Pulp & Paper announced that dividend , if approved by the shareholders at the Annual General Meeting, will be paid on and from 01 August 2017.

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Net profit of Pudumjee Pulp & Paper Mills declined 19.35% to Rs 1.00 crore in the quarter ended December 2016 as against Rs 1.24 crore during the previous quarter ended December 2015. Sales declined 38.16% to Rs 1.28 crore in the quarter ended December 2016 as against Rs 2.07 crore during the previous quarter ended December 2015.

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