Shree Karthik Papers Reports 10.7% Revenue Growth and Returns to Profitability in Q1
Shree Karthik Papers Limited, a manufacturer of writing and printing papers, has reported impressive Q1 results. The company's revenue from operations grew by 10.7% year-on-year to ₹15.95 crore. Net profit reached ₹3.35 crore, a significant improvement from the previous quarter's loss and a 41.9% increase from the same quarter last year. Total income rose to ₹16.14 crore, up 11.8% year-on-year. The company demonstrated effective cost management and improved operational efficiency, with reduced employee expenses and finance costs. Earnings per share improved to ₹0.18 from -₹0.19 in the previous quarter.