Star Paper Mills announced that the Board of Directors of the Company at its meeting held on 25 June 2021, inter alia, have recommended the final dividend of Rs 2.5 per equity Share (i.e. 25%) , subject to the approval of the shareholders.

Powered by Capital Market - Live News

Net profit of Star Paper Mills rose 0.26% to Rs 7.82 crore in the quarter ended March 2021 as against Rs 7.80 crore during the previous quarter ended March 2020. Sales declined 2.76% to Rs 86.74 crore in the quarter ended March 2021 as against Rs 89.20 crore during the previous quarter ended March 2020.

For the full year,net profit declined 52.99% to Rs 17.52 crore in the year ended March 2021 as against Rs 37.27 crore during the previous year ended March 2020. Sales declined 31.55% to Rs 233.37 crore in the year ended March 2021 as against Rs 340.95 crore during the previous year ended March 2020.

Powered by Capital Market - Live News

Star Paper Mills will hold a meeting of the Board of Directors of the Company on 25 June 2021.

Powered by Capital Market - Live News

Star Paper Mills has temporarily suspended production in the plant due to lower market demand amid the ongoing COVID-19 pandemic.

Powered by Capital Market - Live News