Kolkata : ITC Bhadrachalam Paperboards Ltd has registered a 15 per cent increase in
operational profit in the first quarter of the current fiscal to Rs.7.25 crore from
Rs.6.31 crore in the corresponding quarter of the previous year. According to a company
press release, the higher profits were achieved due to enrichment of product mix and
consequent higher price realisations despite a slowdown both in domestic and global paper
markets. The first quarter PAT has, however, been constrained by the provision of Rs.2.82
crore on account of deferred income tax to comply with the new accounting standards
introduced this year.