Ballarpur Industries Limited

BILT Q-2 FY 2013-14 PAT at Rs. 208 million

BILT Q-2 FY 2013-14 PBT at Rs.131 million

BILT Q-2 FY 2013-14 EBIDTA at Rs.2321 million

BILT Q-2 FY 2013-14 revenue increase by 11 % from Rs.11868 million to Rs. 13213 million

Ballarpur Industries Limited (BILT) today announced its financial and operating results for Q-2

FY 2013-14.

*BILT follows a July 1 – June 30 fiscal year; therefore the current announcement covers the Company’s

financial performance for the Second quarter of Fiscal Year 2014.

BILT CONSOLIDATED (Q2 FY 2013-14 v/s Q2 FY 2012-13)

·    Revenues at Rs.13213 million compared with Rs 11868 million.

·    EBIDTA at Rs 2321 million vis-a-vis Rs 2125 million.

·    PBT at Rs 131 million vis-a-vis Rs 124 million.

·    PAT at Rs 208 million vis-a-vis Rs. 154 million.

·    Fully Diluted EPS at Rs 0.27 compared with Rs. 0.19

·    The Company’s cash generation from  operations  (PAT  +  Depreciation  +  Deferred Tax

Liability + Amortisation) is Rs. 1206 million vis-a-vis Rs. 1244 million.

Operating overview

·    Total paper production of 2,08,196 MT in Q2 FY 2013-14 compared to 2,06,076 MT in Q2 FY 2012-13.

·    Total paper sales of 2,07,339 MT in Q2 FY 2013-14 compared with 2,08,736 MT in Q2 FY 2012-13.

·    Total Rayon Grade Pulp production of 18,468 MT in Q2 FY 2013-14 compared to 18,717 MT in Q2 FY 2012-13.

·    Total Rayon Grade Pulp sales of 16,990 MT in Q2 FY 2013-14 compared with 16,369 MT in Q2 FY 2012-13.

·    Total SFI (Market Pulp) production of 17,541 MT in Q2 FY 2013-14 compared to 22,666 MT in Q2 FY 2012-13.

·    Total SFI (Market Pulp) sales of 20,361 MT in Q2 FY 2013-14 compared with 23,520 MT in Q2 FY 2012-13.

About BILT:

Avantha Group Company Ballarpur Industries Limited (BILT) is India's largest manufacturer of writing and printing (W&P) paper. BILT's subsidiaries include BILT Graphic Paper Products Limited (BGPPL), Sabah Forest Industries (SFI), Malaysia's largest pulp and paper company, and BILT Tree Tech Limited (BTTL), which runs BILT's farm forestry programme in several states in India. BILT and BGPPL have six manufacturing units across India, which give the company geographic coverage over most of the domestic market. BILT has a dominant share of the high -end coated paper segment in India. It accounts for over 53% of the coated wood-free paper market, an impressive 80% of the bond paper market and nearly 35% of the hi-bright Maplitho market, besides being India's largest exporter of coated and uncoated paper. BILT’s acquisition of SFI in 2007 was a watershed event – it was the first overseas acquisition by an Indian paper company, it transformed BILT into a major regional player, and elevated BILT’s

ranking among the global top 100.

About Avantha:

For more information on Avantha, please visit www.avanthagroup.com

B.Hariharan

Group Director-Finance

Avantha Group

Tel:+911244099217

Fax:+911242804260

Email:bhariharan@bilt.com

Disclaimer: 

Shravani Dang

VP & Group Head of Corporate Communications

Avantha Group

Tel: +91 11 41699282

Mobile: +91 9811261080

Email: s.dang@avanthagroup.com

 Disclaimer:

Statements in this document relating to future status, events, or circumstances, including but not limited to statements about plans and objectives, the progress and results of strategic initiatives, potential product characteristics,uses and sales potent ial are forward-looking statements and are subject to risks and uncertainties that could cause actual results to differ materially. BILT may, from time to time, make additional written and / or oral forward looking statements, including statements contained in the Company's filings with the regulatory bodies and our reports to shareholders. The Company assumes no obligation to update forward-looking statements to reflect actual results, changed assumptions or other factors.