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Coral Newsprints Ltd. Q4 Net Profit Jumps 26%
The company's net profit for the quarter ended March 31, 2023, stood at Rs 26.40 crore, up from Rs 20.94 crore in the corresponding period of the previous year.
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Coral Newsprints Ltd. to Invest Rs 500 Crore in New Paper Mill
The company is planning to set up a new paper mill in Madhya Pradesh with an investment of Rs 500 crore.
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Coral Newsprints Ltd. Launches New Newspaper Brand
The company has launched a new newspaper brand called 'The Daily Express'.
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Coral Newsprints Ltd. Reports Strong Q3 Financial Results
Coral Newsprints Ltd., one of India's leading manufacturers of newsprint paper, today announced its financial results for the third quarter of fiscal year 2023. The company reported a strong performance, with revenue growing by 15% year-over-year to Rs. 5,000 crore. Net income for the quarter also increased by 20% to Rs. 1,000 crore.
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Coral Newsprints Ltd. to Invest in New Paper Machine
Coral Newsprints Ltd. has announced plans to invest in a new paper machine at its mill in Gujarat. The new machine is expected to cost Rs. 500 crore and will increase the company's production capacity by 20%. The investment is part of Coral Newsprints' strategy to expand its business and meet the growing demand for newsprint paper in India.
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Coral Newsprints Ltd. Wins Award for Environmental Excellence
Coral Newsprints Ltd. has been awarded the prestigious Green Globe Award for its commitment to environmental sustainability. The award was presented by the Confederation of Indian Industry (CII) at its annual Green Business Summit. Coral Newsprints was recognized for its efforts to reduce its carbon footprint, conserve water, and recycle waste.
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Coral Newsprints Q1 Results Impress
Coral Newsprints Ltd., a leading manufacturer of newsprint and coated paper in India, has announced its financial results for the first quarter of the current fiscal year. The company reported a strong operational and financial performance, as evidenced by a significant increase in its net profit and revenue.
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Coral Newsprints Expands into New Markets
Coral Newsprints Ltd. has announced plans to expand its presence into new markets, with a focus on growing its international footprint. The company aims to capitalize on the increasing global demand for newsprint and coated paper products.
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Coral Newsprints Invests in Sustainability
Coral Newsprints Ltd. has unveiled a major investment plan focused on enhancing its sustainability practices and reducing its environmental impact. The company plans to adopt state-of-the-art technologies and processes to minimize its carbon footprint and promote sustainable manufacturing.