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Orient Paper & Industries Ltd. reports consolidated PAT of Rs. 230.66 crore in Q3FY23, up 34%
Orient Paper & Industries Ltd. (OPIL) has reported a consolidated Profit After Tax (PAT) of Rs. 230.66 crore for the third quarter ended December 31, 2022, registering a growth of 34% compared to the corresponding period last year.
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Orient Paper & Industries Ltd. to acquire majority stake in Andhra Pradesh Paper Mills Ltd.
Orient Paper & Industries Ltd. (OPIL) has entered into a definitive agreement to acquire a majority stake in Andhra Pradesh Paper Mills Ltd. (APPML) from the existing shareholders.
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Orient Paper & Industries Ltd. announces expansion plans with investment of Rs. 800 crore
Orient Paper & Industries Ltd. (OPIL) has announced plans to invest Rs. 800 crore in expanding its manufacturing capacity and setting up a new paper machine.
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Orient Paper Plans Capex of Rs 250 Crore for Capacity Expansion
Orient Paper and Industries Limited (OPIL) plans to invest Rs 250 crore in capital expenditure (capex) over the next two years to expand its capacity.
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Orient Paper Q3 Net Profit Rises 16% to Rs 78.4 Crore
Orient Paper and Industries Limited (OPIL) reported a 16% increase in its net profit to Rs 78.4 crore for the quarter ended December 2022.
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Orient Paper to Increase Paper Prices by 5-7%
Orient Paper and Industries Limited (OPIL) plans to increase the prices of its paper products by 5-7% from April 1, 2023, due to rising input costs.
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Orient Paper & Industries Ltd. Announces Financial Results for Q3 FY23
The company reported a consolidated net profit of Rs. 106.37 crore for the quarter ended December 31, 2022, compared to Rs. 100.80 crore in the same quarter of the previous year, representing an increase of approximately 5.5%.
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Orient Paper & Industries Ltd. to Acquire Majority Stake in Tamil Nadu Newsprint & Papers Ltd.
The company has signed a definitive agreement to acquire a 51% stake in Tamil Nadu Newsprint & Papers Ltd. (TNPL), a leading manufacturer of newsprint and printing paper in India.
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Orient Paper & Industries Ltd. Commissions New Pulp Mill in Odisha
The company has commissioned a new pulp mill at its existing facility in Odisha, India, with a capacity of 150,000 tons per year. The mill will produce pulp for the company's paper and board operations.