Disclosure of material issue
Orient Paper's Board has approved the financial results for the quarter ended June 30, 2025. **Issue & Impact:** The company has opted for a new corporate tax regime (Section 115BAA). This strategic shift resulted in a significant Rs 48.49 Cr tax credit to the current quarter's tax expense and a Rs 5.26 Cr charge in Other Comprehensive Income.
This move is expected to lead to lower effective tax rates for the company going forward, potentially boosting future profitability. **Company's Response:** The Board also approved a Rs 125 Cr capital expenditure plan for their Amlai manufacturing facility.
This investment is aimed at debottlenecking, adding capacity, and improving cost efficiency, signaling a focus on future growth and margin enhancement.
No comments yet. Be the first.