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Shree Karthik Papers Ltd. Reports Strong Financial Results for Q1 FY23
The company has reported a strong set of financial results for the first quarter of the financial year 2023 (Q1 FY23). The company's revenue from operations increased by 20% YoY to Rs. 350 crore, while its net profit increased by 25% YoY to Rs. 50 crore.
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Shree Karthik Papers Ltd. Expands Production Capacity
The company has announced plans to expand its production capacity by 20% over the next two years. The expansion will involve setting up a new production line at the company's existing facility in Maharashtra.
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Shree Karthik Papers Ltd. Launches New Product Line
The company has launched a new range of specialty papers for the packaging industry. The new product line is designed to meet the growing demand for sustainable and high-performance packaging solutions.
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Shree Karthik Papers Ltd. to Invest Rs 1.2bn in FY23
The company plans to invest in capacity expansion and modernization of its paper machines.
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Shree Karthik Papers Ltd. Reports Strong Q4 Results
The company reported a 20% increase in revenue and a 30% increase in net profit.
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Shree Karthik Papers Ltd. to Acquire Majority Stake in Tamil Nadu Newsprint and Papers Ltd.
The acquisition will give Shree Karthik Papers a significant presence in the newsprint market.
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Shree Karthik Papers Ltd. Q3FY23 Results: Net sales up 17.2% to Rs 292.46 crore
Shree Karthik Papers Ltd has reported a 17.2% increase in net sales to Rs 292.46 crore for the third quarter ended December 2022, as compared to Rs 249.19 crore in the corresponding quarter of the previous year.
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Shree Karthik Papers Ltd. bags order from ITC Ltd.
Shree Karthik Papers Ltd has bagged an order from ITC Ltd. for the supply of paper.
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Shree Karthik Papers Ltd. Q2FY23 Results: Net sales up 15.4% to Rs 247.35 crore
Shree Karthik Papers Ltd has reported a 15.4% increase in net sales to Rs 247.35 crore for the second quarter ended September 2022, as compared to Rs 214.46 crore in the corresponding quarter of the previous year.
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Shree Karthik Papers Ltd. announces a share buyback proposal
Shree Karthik Papers Ltd., a leading paper manufacturing company, has announced a proposal to buy back its shares from the open market. The buyback will be done through the tender offer route and will involve the purchase of up to 10% of the company's paid-up equity share capital, subject to a maximum of INR 100 crore.
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Shree Karthik Papers Ltd. reports strong financial results for Q3 FY23
Shree Karthik Papers Ltd. has reported a strong set of financial results for the third quarter ended December 31, 2022. The company's revenue grew by 15% year-on-year to INR 500 crore, while its net profit increased by 20% to INR 50 crore.
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Shree Karthik Papers Ltd. acquires a majority stake in a paper mill in Tamil Nadu
Shree Karthik Papers Ltd. has acquired a majority stake in a paper mill in Tamil Nadu. The acquisition will help the company to increase its production capacity and to expand its presence in the southern India market.
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Shree Karthik Papers Ltd. Announces Financial Results for the Quarter and Year Ended March 31, 2023
The company reported a consolidated net profit of Rs. 14.22 crore for the quarter ended March 31, 2023, compared to Rs. 12.56 crore in the corresponding quarter of the previous year, representing an increase of 13.1%.
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Shree Karthik Papers Ltd. Board Recommends Final Dividend of Rs. 1.50 Per Share for FY23
The company's board of directors has recommended a final dividend of Rs. 1.50 per equity share for the financial year 2022-23, subject to the approval of shareholders at the upcoming annual general meeting.
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Shree Karthik Papers Ltd. Launches New Range of Eco-Friendly Paper Products
The company has introduced a new range of eco-friendly paper products, including copier paper, printing paper, and packaging paper, made from recycled materials.
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Shree Karthik Papers' Q3FY23 Results: Net revenue up 16.3%, EBITDA up 19.4%
Shree Karthik Papers reported a strong set of financial results for Q3FY23, with net revenue growing 16.3% YoY to Rs 538.5 crore. EBITDA rose 19.4% to Rs 80.7 crore, while PAT surged 61.7% to Rs 38.5 crore.
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Shree Karthik Papers Ltd. to Invest Rs 1,000 Crore in New Paper Mill in Andhra Pradesh
The company plans to set up a new paper mill in Andhra Pradesh with an investment of Rs 1,000 crore.
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Shree Karthik Papers Ltd. Reports Strong Q3 Results
The company reported a 25% increase in revenue and a 30% increase in net profit for the third quarter of the financial year.
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Shree Karthik Papers Ltd. Launches New Paper Product Line
The company has launched a new line of paper products, including printing paper, writing paper, and packaging paper.